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Is Neon EVM Token Safe?

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Neon EVM Token NEON
NeonTj…ut44
Solana
Not verifiedThis record has not gone through deep verification and is not being monitored. The score is a dated snapshot — the token’s risk can change at any time.Own this token? Put it under verification →
Last checked today 1 audit on record
DexScreener ↗
How is this score calculated? → Critical Risk
Executive SummaryAI Copilot

This audit of the Neon EVM Token (NEON) identifies critical risks primarily due to the active mint authority, which allows for unlimited token minting and potential dilution. High holder concentration, with the top 10 accounts holding over 80% of the supply, also presents a substantial market risk. Third-party risk registry data and holder distribution information from chain-native RPC were partially available, providing insights into these risks.

1 Critical1 High1 Low
Volume 24h
$572.4K
Liquidity
$83.8K
Price
$0.03808
Token Age
2y
Top 10 Holders
81.0%

Security Findings

1 Crit1 High1 Low
Critical

Mint Authority Not Revoked

C-01The mint authority is 6F9YjJ…nQ9z. The holder of this key can mint unlimited new tokens, diluting all current holders to zero value. (Fact: Mint Authority: 6F9YjJ…nQ9z)
IssueThe mint authority is . The holder of this key can mint unlimited new tokens, diluting all current holders to zero value. (Fact: Mint Authority: )
FixVerify on-chain that the mint authority is set to null before treating supply as fixed.
StatusUnresolved
High

Holder Concentration > 70%

H-01Top 10 token accounts hold 80.95% of supply. Coordinated sell-off would crash price; single-whale dumps are common in this range. (Fact: top10_holders_pct: 80.95)
IssueTop 10 token accounts hold 80.95% of supply. Coordinated sell-off would crash price; single-whale dumps are common in this range. (Fact: top10_holders_pct: 80.95)
FixAccount for the risk of significant price volatility due to concentrated holdings.
StatusUnresolved
Low

Mutable Metadata

L-01Token name, symbol, or image can be changed post-launch. (Fact: metadata_mutable: True)
IssueToken name, symbol, or image can be changed post-launch. (Fact: metadata_mutable: True)
FixVerify metadata against off-chain expectations before trusting branding.
StatusUnresolved

Category Ratings

TechnicalMedium5/10

The Neon EVM Token (NEON) is an SPL token operating on the Solana blockchain using the `spl-token` program. A critical risk exists as the mint authority, , is still enabled, allowing for arbitrary new token creation. The freeze authority, however, has been revoked, preventing the freezing of holder accounts. The token does not utilize the default account state frozen extension.

GovernanceHigh1/10

The token exhibits high holder concentration, with the top 10 accounts holding 80.95% of the total supply, posing a significant risk of price volatility from large sell-offs. Current DEX liquidity stands at $82,792, with a 24-hour volume of $573,021. The volume/liquidity ratio is 6.92, which is elevated but not indicative of wash trading (threshold > 20). The DEX pair has been active for 1051 days, indicating a mature market presence.

UpgradesMedium4/10

The token's core functionality is fixed regarding freezing accounts, as the freeze authority has been revoked. However, the mint authority remains active, allowing for potential future supply changes. Additionally, the token's metadata is mutable, meaning its name, symbol, or image could be altered post-launch. No Token-2022 specific upgradeable extensions like transfer fees or transfer hooks are indicated as active or upgradable.

Security Checklist

2/4 checks passed
Contract VerifiedPass
No Mint FunctionFail
Liquidity LockedFail
Not a ProxyPass
HoneypotNoneBuy Tax0.0%Sell Tax0.0%

Liquidity Depth

$86.5K across 9 pairs
Orca wpSOLanalysed$83.8K96.9%Meteora DLMMSOL$1.1K1.3%RaydiumSOL$5520.6%Orca wpSOL$3920.5%Meteora DYNSOL$2190.3%Orca wpUSDC$1490.2%
Show 3 more pairsShow less
Meteora DYNPawel$1230.1%Orca wpPYTH$1000.1%Meteora DYNSOL$610.1%

The risk score reads depth across every pair. The volume figure and the volume-to-liquidity ratio elsewhere on this page describe only the pair this audit analysed, so the two are not directly comparable.

What Raised This Score

6 factors
  • Mintable supply — no cap found, dilution unbounded
  • Top-10 concentration > 70% (81.0% total → 81.0% effective; 81.0% in EOAs, 0.0% in contracts — extreme)
  • Liquidity NOT locked (owner can withdraw — rug-pull risk)
  • 1 Critical finding(s) from audit
  • 1 High finding(s) from audit
  • 1 Low finding(s) from audit

Each factor is an on-chain fact recorded at the time of this analysis. The score is computed from them by a deterministic function, so the same contract returns the same score for anyone who runs the audit. How scores are computed

Related Audits

6 more on the record
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