Is OBSDIAN (OBSD) Safe? Smart Contract Security Analysis

OBSDIAN OBSD

5PuQRf…q4N1

Solana Not verifiedLast checked 3d ago 2 audits on record

DexScreener ↗

91 / 100

Critical Risk

Executive SummaryAI Copilot

The OBSDIAN (OBSD) token mint exhibits a high risk due to very low DEX liquidity, currently at $9,988. This makes large positions difficult to exit without significant price impact. Key authorities like Mint and Freeze are revoked, and metadata is immutable, indicating a fixed supply and unchangeable token properties. Holder distribution data was partially unavailable from chain-native RPC, though a top 10 holder percentage was provided by an external security signal.

1 High

Volume 24h

$4.9K

Liquidity

$12.2K

Price

$0.1318

Token Age

2mo

Top 10 Holders

28.4%

Security Findings

1 High

High

Very Low Liquidity

H-01Total DEX liquidity is $9,988. Slippage will be severe; large positions cannot be exited without significant loss.

IssueTotal DEX liquidity is $9,988. Slippage will be severe; large positions cannot be exited without significant loss.

FixAccount for the low liquidity and potential for severe slippage in any swap calculation. Avoid large trades that could disproportionately impact the price.

StatusUnresolved

Category Ratings

TechnicalMedium4/10

The OBSDIAN token is a standard SPL token operating under the `spl-token` program. Both the Mint Authority and Freeze Authority are revoked, ensuring that no new tokens can be minted and no accounts can be frozen post-launch. The token does not utilize Token-2022 extensions such as permanent delegates, transfer hooks, or default frozen account states, nor does it have balance mutability. These characteristics contribute to a low technical risk profile.

GovernanceHigh1/10

The token's economic profile shows a significant concern with very low DEX liquidity, currently at $9,988. This level of liquidity suggests that even moderate sell orders could lead to substantial price slippage. Holder concentration is moderate, with the top 10 accounts holding 38.53% of the supply, which is below the threshold for high concentration risk. The 24-hour volume of $38,182 results in a normal Volume/Liquidity Ratio of 3.82, not indicating wash trading.

UpgradesMedium4/10

The token's upgradeability risk is low as the Mint Authority and Freeze Authority have both been revoked, preventing any future changes to the token's supply or account freeze status. Furthermore, the token's metadata is immutable, meaning its name, symbol, or image cannot be altered post-launch. There are no active Token-2022 extensions that introduce upgradeable components like transfer fees or transfer hooks.

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$12.2K

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.

LP Distribution

Top-1 Unlocked Holder100.0%

Top-3 Unlocked100.0%

What Raised This Score

9 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Contract source NOT verified
Top-10 concentration > 20% (28.4% total → 28.4% effective; 28.4% in EOAs, 0.0% in contracts — mild)
Liquidity NOT locked (owner can withdraw — rug-pull risk)
Liquidity < $50k ($12,164 across 1 pairs — thin market)
LP top1 unlocked holder = 100.0% (exit-liquidity risk)
LP top3 unlocked holders = 100.0% (exit-liquidity risk)
1 High 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

Is OBSDIAN Safe?