Is Patecoin (PATE) a Scam? New Token Security Check

Patecoin PATE

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Solana Not verifiedLast checked 3d ago 1 audit on record New Launch · 1d old

DexScreener ↗

82 / 100

Critical Risk

Executive SummaryAI Copilot

This audit of the Patecoin (PATE) SPL Token Mint identifies a Medium risk primarily due to the very recent creation of its DEX trading pair. While core authorities like Mint and Freeze are revoked, and metadata is immutable, the token's market behavior is still unproven. Third-party risk registry data reported no adverse flags, but holder distribution data was unavailable.

1 Medium

! Early-stage analysis. This token has limited on-chain history (1d old). New tokens carry elevated risk — data may change rapidly. Always verify independently before investing.

Volume 24h

$174.0500

Liquidity

$14.1K

Price

$0.00003333

Token Age

Top 10 Holders

98.4%

Security Findings

1 Med

Medium

Very New Pair

M-01DEX pair was created 1 days ago. Insufficient track record to assess team or holder behaviour.

IssueDEX pair was created 1 days ago. Insufficient track record to assess team or holder behaviour.

FixMonitor the token's market activity and price stability over a longer period before making significant investments.

StatusUnresolved

Category Ratings

TechnicalMedium6/10

The token is an SPL Token-2022 mint. Both the Mint Authority and Freeze Authority are revoked, indicating that no new tokens can be minted and no existing accounts can be frozen. There are no Transfer Hook or Permanent Delegate extensions active. The `balance_mutable`, `closable`, `freezable`, `default_account_state_frozen`, `non_transferable`, `transfer_fee_upgradable`, and `transfer_hook_upgradable` flags are all false, indicating a fixed and standard token behavior.

GovernanceHigh1/10

The token exhibits a low holder concentration, with the top 10 holders owning 14.91% of the supply, which is below typical concentration thresholds. Liquidity is moderate at $93,665 USD, and the 24-hour volume of $32,312 USD results in a normal Volume/Liquidity Ratio of 0.34. However, the DEX pair is very new, having been created only 1 day ago, which means there is insufficient track record for assessing market stability.

UpgradesMedium5/10

The token's Mint Authority and Freeze Authority are both revoked, preventing any future changes to the token supply or account freeze status. Key Token-2022 extension flags such as `transfer_hook_upgradable` and `transfer_fee_upgradable` are false, ensuring these features cannot be added or modified. The `metadata_mutable` flag is also false, meaning the token's name, symbol, or image cannot be changed post-launch, providing stability to its branding.

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$14.1K

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

8 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Contract source NOT verified
Top-10 concentration > 70% (98.4% total → 98.4% effective; 98.4% in EOAs, 0.0% in contracts — extreme)
Liquidity NOT locked (owner can withdraw — rug-pull risk)
Liquidity < $50k ($14,124 across 1 pairs — thin market)
Token age < 7 days (early, volatile)
1 Medium 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 Patecoin a Scam?

Security Findings

Very New Pair

Category Ratings

Security Checklist

Liquidity Depth

What Raised This Score

Related Audits

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