The ClankerToken is an ERC-20 compliant token with cross-chain capabilities integrated via the Superchain Token Bridge. The architecture relies on standard OpenZeppelin libraries for voting and permit functionality. While the core token logic is robust, the protocol grants significant power to the bridge contract to mint and burn tokens, which introduces centralized risks regarding supply control and user balance integrity.
Early-stage security check — honeypot & rug-pull analysis
Is Papertrade a Scam?
Not verified
This 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 →The ClankerToken is an ERC-20 compliant token with cross-chain capabilities integrated via the Superchain Token Bridge.
Read the full analysis- Owner can change any holder's balance
- Mintable supply — no cap found, dilution unbounded
- Liquidity not locked
Exact factors
- Owner can change any holder's balance (seize or credit tokens)
- Mintable supply — no cap found, dilution unbounded
- Liquidity NOT locked (100% of the pool) — who holds it cannot be verified
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
Security Checklist
as of audit · Oct 25Holders
as of audit · Oct 25, 2026How the supply is spread across holders could not be read — the indexer's holder list does not add up to the supply. Check the largest holders on a block explorer, which reads current balances.
Liquidity
as of audit · Oct 25The risk score reads depth across every pair.
The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.
0xffa3…0762Security Findings
HighPrivileged Balance Modification
The crosschainBurn function allows the bridge contract to directly remove tokens from any user's balance. This grants the bridge the power to effectively seize or destroy user assets.CP-02
Issue
The crosschainBurn function allows the bridge contract to directly remove tokens from any user's balance. This grants the bridge the power to effectively seize or destroy user assets.
Fix
Restrict the burn functionality to only allow users to burn their own tokens, or implement a multi-step verification process for cross-chain burns to prevent unauthorized asset removal.
Status
Unresolved
MediumPrivileged Minting Capability
The crosschainMint function allows the bridge contract to increase the total token supply at any time. This can lead to the dilution of existing token holders' value if the bridge is compromised or misused.CP-01
Issue
The crosschainMint function allows the bridge contract to increase the total token supply at any time. This can lead to the dilution of existing token holders' value if the bridge is compromised or misused.
Fix
Ensure the bridge contract is secured with robust access controls and consider implementing a supply cap if the tokenomics require protection against excessive inflation.
Status
Unresolved
MediumLiquidity not locked
0.0% 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 contract, 0xffa3…0762 — 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.QA-LIQUIDITY
Issue
0.0% 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 contract, 0xffa3…0762 — 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.
Fix
Check the lock's end date and beneficiary on the locker's own page before relying on it.
Status
Acknowledged
InfoNot listed by any independent source
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.QA-IDENTITY
Issue
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.
Fix
Match the contract address against the project's official channels before trading.
Status
Acknowledged
InfoThe market for this token
Liquidity $10.2M (DexScreener, all pools). 24h trading volume $33.1M (DexScreener, all pools).QA-MARKET
Issue
Liquidity $10.2M (DexScreener, all pools). 24h trading volume $33.1M (DexScreener, all pools).
Fix
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Status
Acknowledged
InfoAsset class: Project token
A 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: an owner key. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $10.2M of DEX liquidity across 2 pools. Launch: under a day of market history.QA-PROFILE
Issue
A 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: an owner key. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $10.2M of DEX liquidity across 2 pools. Launch: under a day of market history.
Fix
Check the project's own documentation for what the token is used for; this report covers what the contract allows.
Status
Acknowledged
InfoRecently launched — less than a day of market history
The 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.QA-RECENT
Issue
The 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.
Fix
Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.
Status
Acknowledged
Analysis
AI Copilotas of audit · Oct 25The contract utilizes well-audited OpenZeppelin standards for ERC-20, Votes, and Permit functionality, ensuring high interoperability. 7.1 Architecture is modular, separating administrative metadata updates from cross-chain bridge logic. 7.2 Code Security is high due to the use of standard libraries, though 7.3 Access Control is heavily reliant on the bridge address. 7.6 External dependencies are limited to the Superchain Token Bridge, which is a trusted system component.
7.4 Economic risk is present due to the minting capabilities, which can lead to supply inflation if the bridge is compromised. 7.5 Governance is centralized under an admin address that can update metadata and administrative roles. While this allows for flexibility, it creates a single point of failure for metadata integrity. The economic model is standard for a cross-chain asset, relying on the bridge for supply synchronization.
7.7 Upgrades are not implemented via proxy patterns in this contract, meaning the logic is immutable. 7.8 Operations are straightforward, with administrative functions limited to metadata and role management. This lack of upgradeability provides security against malicious logic changes but limits future protocol evolution. The current implementation is stable and predictable.
The protocol should implement a multi-signature wallet or a timelock controller for the admin address to mitigate risks associated with centralized metadata and role management.
Additionally, users should be aware that the Superchain Token Bridge holds the authority to burn and mint tokens, which is a necessary design choice for cross-chain functionality but represents a significant trust assumption. Regular monitoring of the bridge contract's activity is recommended to ensure that mint/burn events align with expected cross-chain traffic. No further code changes are required for the current functionality, but future iterations should consider decentralizing the admin role to improve trust transparency.
Contract & Record
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
- Oct 25, 202662Medium
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
Frequently Asked Questions
What is the PAPER contract address?
The Papertrade (PAPER) contract on Base is 0xb05696b8cd42671809b62ffc0843a7eda4e56b07. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.
Is Papertrade a scam?
Quantum Audit's risk score for Papertrade is 62/100 (Medium risk) as of Oct 25, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Ownership: Retained; Mint: Mintable; Liquidity lock: Not locked; Upgradeability: Fixed code; Honeypot: None found; Buy / sell tax: 0% / 0%. A score is a dated snapshot of those facts, not a guarantee; each one is listed on this page.
Is PAPER liquidity locked?
Liquidity lock: Not locked (as of Oct 25, 2026). Total DEX liquidity: $10.21M.
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