Is ONYX COIN (ONYX) Safe? Smart Contract Security Analysis

ONYX COIN ONYX

4yHhHQ…moon

Solana Not verifiedLast checked 2d ago 1 audit on record

DexScreener ↗

38 / 100

Medium Risk

Executive SummaryAI Copilot

The ONYX COIN (ONYX) SPL token mint exhibits a low-risk profile based on the provided on-chain facts. Both mint and freeze authorities are revoked, indicating a fixed supply and immutable token accounts. Holder concentration is moderate, and liquidity is sufficient. All available external security signals report no adverse flags. Third-party registry data was unavailable for detailed holder distribution, but top 10 holder percentage was provided by other sources.

1 Informational

Volume 24h

$596.5K

Liquidity

$105.9K

Price

$0.0006456

Token Age

1mo

Top 10 Holders

37.1%

Security Findings

1 Info

Info

No code-level findings — an SPL mint exposes no auditable program source

I-01This token is an SPL token mint, not a deployed program: there is no contract source code on-chain for a line-by-line review, so no code-level vulnerability could be identified either way. The assessment on this page therefore rests on holder concentration, which are read directly from chain state and from third-party risk registries.

IssueThis token is an SPL token mint, not a deployed program: there is no contract source code on-chain for a line-by-line review, so no code-level vulnerability could be identified either way. The assessment on this page therefore rests on holder concentration, which are read directly from chain state and from third-party risk registries.

FixRead the risk score breakdown below as the substance of this audit. For a code-level review, the token would need an accompanying verified program.

StatusAcknowledged

Category Ratings

TechnicalLow8/10

The ONYX COIN is implemented using the standard `spl-token` program. Key administrative authorities, including the Mint Authority and Freeze Authority, are both revoked, ensuring that no new tokens can be minted and no existing token accounts can be frozen. The token is not configured with any Token-2022 specific extensions such as permanent delegates, transfer hooks, or default frozen states, indicating a straightforward and immutable token behavior. Metadata is also immutable, preventing changes to the token's name or symbol post-launch.

GovernanceHigh2/10

Holder concentration for ONYX COIN is moderate, with the top 10 accounts holding 37.12% of the total supply, which does not indicate a high centralization risk. The token has a healthy liquidity of $107,280 USD on DEXs. The 24-hour volume of $599,029 USD results in a Volume/Liquidity Ratio of 5.58, which is not indicative of wash trading. The DEX pair has been active for 50 days, providing a reasonable track record.

UpgradesMedium5/10

The SPL token mint is configured with both Mint Authority and Freeze Authority revoked, meaning its supply is fixed and accounts cannot be frozen. This token uses the classic `spl-token` program, not Token-2022, so extensions like permanent delegates or transfer hooks are not present. The metadata is immutable, ensuring that the token's branding cannot be altered after deployment.

Security Checklist

2/4 checks passed

Contract VerifiedPass

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

HoneypotNoneBuy Tax0.0%Sell Tax0.0%

Liquidity Depth

$105.9K

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

4 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Top-10 concentration > 30% (37.1% total → 37.1% effective; 37.1% in EOAs, 0.0% in contracts — moderate)
Liquidity NOT locked (owner can withdraw — rug-pull risk)

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 ONYX COIN Safe?