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Is Paper a Scam?

Early-stage security check — honeypot & rug-pull analysis

Paper PAPER
0x82b5…ab07
Base
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.
Last checked today 1 audit on record New Launch · 20h old
DexScreener ↗
How is this score calculated? → High Risk
Executive SummaryAI Copilot

The ClankerToken contract is an ERC-20 token with additional features for burning, voting, and cross-chain operations. The audit identified significant centralized control, particularly concerning the `SuperchainTokenBridge` which can mint new tokens and burn tokens from any address. These capabilities pose a high risk to token holders through potential dilution and direct loss of funds.

1 Medium7 Informational
! Early-stage analysis. This token has limited on-chain history (20h old). New tokens carry elevated risk — data may change rapidly. Always verify independently before investing.
Volume 24h
$51.41M
Liquidity
$10.31M
Price
$0.000102
Token Age
20h
Top 10 Holders
100.0%

Security Findings

1 Med7 Info
Medium

Liquidity not locked

QA-LIQUIDITY0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 1 address(es) other than the owner/deployer. One of them — a wallet, 0xdd43…51d1 — holds 100.0% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them.
Issue0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 1 address(es) other than the owner/deployer. One of them — a wallet, 0xdd43…51d1 — holds 100.0% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them.
FixCheck the lock's end date and beneficiary on the locker's own page before relying on it.
StatusAcknowledged
Info

Privileged Entity Can Create New Tokens

CP-01The `crosschainMint` function allows a specific entity, the `SuperchainTokenBridge`, to create new Clanker tokens. This means that the total supply of tokens can be increased at any time by this entity, which could dilute the value of existing tokens held by others. Ownership is renounced, so no one can call these functions now.
IssueThe `crosschainMint` function allows a specific entity, the `SuperchainTokenBridge`, to create new Clanker tokens. This means that the total supply of tokens can be increased at any time by this entity, which could dilute the value of existing tokens held by others. Ownership is renounced, so no one can call these functions now.
FixToken holders should understand that the `SuperchainTokenBridge` has the power to mint new tokens. It is crucial to ensure that the `SuperchainTokenBridge` is controlled by a secure and trusted entity, and its operational policies are transparent.
StatusUnresolved
Info

Privileged Entity Can Burn Tokens From Any Holder

CP-02The `crosschainBurn` function grants the `SuperchainTokenBridge` the ability to remove Clanker tokens from any holder's balance. This means the `SuperchainTokenBridge` can reduce the token holdings of any address without their consent, which poses a significant risk to individual token ownership. Ownership is renounced, so no one can call these functions now.
IssueThe `crosschainBurn` function grants the `SuperchainTokenBridge` the ability to remove Clanker tokens from any holder's balance. This means the `SuperchainTokenBridge` can reduce the token holdings of any address without their consent, which poses a significant risk to individual token ownership. Ownership is renounced, so no one can call these functions now.
FixToken holders should be aware that the `SuperchainTokenBridge` possesses the capability to burn tokens from any account. Strong governance and operational controls over the `SuperchainTokenBridge` are essential to prevent unauthorized or malicious burning of tokens.
StatusUnresolved
Info

Who holds the supply

QA-HOLDERSThe ten largest holders own 100.0% of supply. What remains: 100.0% in wallets, 0.0% in other contracts. 5,011 holders in total.
IssueThe ten largest holders own 100.0% of supply. What remains: 100.0% in wallets, 0.0% in other contracts. 5,011 holders in total.
FixWatch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
StatusAcknowledged
Info

Not listed by any independent source

QA-IDENTITY5,011 holders. Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.
Issue5,011 holders. Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.
FixMatch the contract address against the project's official channels before trading.
StatusAcknowledged
Info

The market for this token

QA-MARKETLiquidity $10.3M (DexScreener, all pools). 24h trading volume $51.4M (DexScreener, all pools).
IssueLiquidity $10.3M (DexScreener, all pools). 24h trading volume $51.4M (DexScreener, all pools).
FixSize any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
StatusAcknowledged
Info

Asset class: Project token

QA-PROFILEA token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: mintable with no on-chain cap found. Control: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $10.3M of DEX liquidity across 2 pools. Launch: under a day of market history.
IssueA token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: mintable with no on-chain cap found. Control: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $10.3M of DEX liquidity across 2 pools. Launch: under a day of market history.
FixCheck the project's own documentation for what the token is used for; this report covers what the contract allows.
StatusAcknowledged
Info

Recently launched — less than a day of market history

QA-RECENTThe token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.
IssueThe token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.
FixRe-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.
StatusAcknowledged

Category Ratings

TechnicalMedium6/10

The contract implements a standard ERC-20 token with extensions like ERC20Burnable, ERC20Votes, and ERC20Permit, demonstrating a robust foundation (7.1 Architecture). Access control is properly implemented for administrative functions like `updateAdmin`, `updateImage`, and `updateMetadata`, restricting them to an `_admin` role (7.3 Access Control). However, the `crosschainMint` and `crosschainBurn` functions, restricted to the `SuperchainTokenBridge`, allow for direct manipulation of token supply and individual balances, presenting a high technical risk (7.2 Code Security).

GovernanceHigh3/10

The economic model is significantly influenced by the `SuperchainTokenBridge`'s capabilities. This entity can `crosschainMint` new tokens, directly increasing the total supply and potentially diluting the value for all holders (7.4 Economic). Furthermore, the `crosschainBurn` function allows the `SuperchainTokenBridge` to remove tokens from any address, posing a direct threat to individual token ownership and economic stability (7.4 Economic, 7.5 Governance). The `_admin` role's ability to update metadata is a minor governance concern.

UpgradesMedium6/10

The ClankerToken contract is not designed with an upgrade mechanism, such as a proxy pattern. This means the contract's logic is immutable once deployed, eliminating risks associated with upgradeability flaws (7.7 Upgrades). However, it also implies that no future bug fixes or feature enhancements can be implemented without a complete redeployment and migration of assets.

Security Checklist

3/5 checks passed
Contract VerifiedPass
Ownership RenouncedPass
No Mint FunctionFail
Liquidity LockedFail
Not a ProxyPass
HoneypotNoneBuy Tax0.0%Sell Tax0.0%

Holder Composition

100.0% in top 10
100.0% in wallets0.0% in contracts
Effective Concentration100.0%

Share held by contracts — treasury, vesting, bridge or staking — is discounted against share held by wallets when the score is computed: a contract cannot decide to sell the way an anonymous holder can, though it can still be drained or voted to sell. Effective concentration is the figure the risk score is actually calculated from.

Liquidity Depth

$10.31M across 2 pairs
AerodromeUSDCanalysed$10.31M100.0%Uniswap v4WETH$00.0%

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%

Key Addresses

2 addresses
Deployer
0x010e…6c69
Unlocked LP Held By
0xdd43…51d1

No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.

What Raised This Score

3 factors
  • Mintable supply — no cap found, dilution unbounded
  • Liquidity NOT locked (100% of the pool) — held by independent providers — market-depth risk
  • Top-10 concentration > 70% (100.0% total → 100.0% effective; 100.0% in EOAs, 0.0% in contracts)

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

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