On-chain security analysis — is it a scam or legit?
BNB ChainPortalToken is a standard ERC-20 token implementation with bridge-based minting capabilities.
Read the full analysisEach 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
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.
Holder balances as recorded by the audit of Oct 24, 2026
The 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.
0xf949…02980x59ef…a28e0xce94…07ca0xe731…23560x2aa8…fb1f0x3282…c7f00xc3a9…f5f60x80b8…2d8d0xb08e…43030xcc04…50cbNo privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.
The mint(address,uint256) function allows a privileged bridge address to create new tokens at will. This capability can lead to the dilution of existing token holder value if the bridge address is compromised or acts maliciously.
Implement a multi-signature requirement or a time-lock mechanism for the bridge address to restrict the ability to mint tokens. Additionally, consider setting a hard cap on the total supply to limit potential inflationary impact.
Unresolved
0.0% of the pool's LP is burned or time-locked. 99.1% is held, unlocked, by 10 address(es) other than the owner/deployer. One of them — a wallet, 0xf949…0298 — holds 85.4% 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. This assessment covers the main pool, which holds 62% of the token's DEX liquidity; the other pools were not assessed.
Check the lock's end date and beneficiary on the locker's own page before relying on it.
Acknowledged
Liquidity $37K (DexScreener, all pools). 24h trading volume $8.7M (CoinGecko, all markets, daily snapshot). 24h trading volume $156K (DexScreener, all pools). CoinGecko's record for this coin: all-time high $0.0816 on 2025-09-08; the price is now 99.6552% below it.
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Acknowledged
The ten largest holders own 73.8% of supply. Of that, 4.7% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 39.1% in wallets, 30.0% in other contracts. 35,046 holders in total.
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Acknowledged
Listed on CoinGecko as Portal to Bitcoin (PTB), rank #3468. 35,046 holders.
Match the contract address against the project's official channels before trading.
Acknowledged
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: a 2-of-3 multisig. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $37K of DEX liquidity across 5 pools. Launch: 417 days of market history.
Check the project's own documentation for what the token is used for; this report covers what the contract allows.
Acknowledged
PortalToken is a standard ERC-20 token implementation with bridge-based minting capabilities. The contract utilizes OpenZeppelin's Ownable and ERC20 standards, ensuring robust base functionality. The primary security consideration is the centralized control over token supply via the bridge address.
The architecture follows standard ERC-20 patterns with 7.1 Architecture and 7.2 Code Security adhering to industry best practices. 7.3 Access Control is implemented via Ownable, restricting administrative actions to the owner. 7.6 External interactions are limited to the bridge address, minimizing the attack surface.
7.4 Economic risks are centered on the minting authority held by the bridge. 7.5 Governance is currently centralized under a multisig wallet, providing a balance between security and operational agility. The economic model relies on the integrity of the bridge address to prevent unauthorized supply inflation.
7.7 Upgrades are not supported as the contract is not a proxy. 7.8 Operations are straightforward, with the owner having the ability to rotate the bridge address if necessary. No complex upgrade paths exist to introduce hidden vulnerabilities.
The protocol should ensure that the bridge address is secured by a multi-signature wallet or a time-locked contract to prevent single-point-of-failure risks.
Regular monitoring of the bridge address activity is recommended to detect any anomalous minting events.
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
The Portal To Bitcoin (PTB) contract on BNB Chain is 0x95c9b514566fbd224dc2037f5914eb8ab91c9201. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.
Quantum Audit's risk score for Portal To Bitcoin is 67/100 (High risk) as of Oct 24, 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.
Liquidity lock: Not locked (as of Oct 24, 2026). Total DEX liquidity: $36.6K.
As of Oct 24, 2026, the 10 largest holders own 73.8% of the supply across 35,046 holders. The Holders section on this page shows who they are by holder type.
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