Solana · Smart Contract Security · Updated Jul 24, 2026

Is Pudgy Penguins Safe? PENGU

On-chain security analysis — is it a scam or legit?

Contract 2zMMhc…uauv DexScreener ↗

43 / 100

Medium Risk How is this score calculated? →

Volume 24h

$172.3K

Liquidity

$3.06M

Price

$0.006228

Token Age

6mo

Top 10 Holders

45.6%

Security Checklist

1/5 checks passed

Contract VerifiedFail

Ownership RenouncedUnknown

No Mint FunctionUnknown

Liquidity LockedFail

Not a ProxyPass

Audit History

2 audits on record

Jul 2343

Every audit run adds a dated snapshot — history is append-only and cannot be edited.

Audit Summary

This audit of the Pudgy Penguins (PENGU) SPL token mint found no critical or high-severity issues based on available on-chain data and market analysis. The mint and freeze authorities are revoked, indicating a fixed supply and unfreezable accounts. Holder distribution data was unavailable from chain-native RPC, preventing a full assessment of supply concentration.

Final Recommendation: Holders should verify on-chain that the mint and freeze authorities remain revoked to ensure the token's fixed supply and unfreezable nature. Monitor for any future changes in liquidity or trading patterns, although current metrics appear stable. Be aware that holder distribution data was not available for this assessment, so a full understanding of supply concentration is not possible without further on-chain analysis.

Category Ratings

TechnicalMedium

6/10

The Pudgy Penguins (PENGU) token operates under the `spl-token` program. Both the Mint Authority and Freeze Authority are revoked, which means no new tokens can be minted and no existing holder accounts can be frozen. The token's balance is not mutable, and new accounts are not created in a fro

GovernanceHigh

2/10

The token exhibits healthy liquidity, with $3,023,040 USD available on DEXs. Trading volume over 24 hours is $150,118, resulting in a low Volume/Liquidity Ratio of 0.05, which does not suggest wash trading. The DEX pair has been active for 226 days, providing a sufficient track record. Holder concen

UpgradesMedium

5/10

The token's core authorities, Mint Authority and Freeze Authority, are both revoked, preventing any changes to the token's supply or account freeze status. Metadata for the token is immutable, as indicated by `metadata_mutable: False`, ensuring that the token's name, symbol, or image

What Raised This Score

5 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Contract source NOT verified
Top-10 concentration > 30% (45.6% total → 45.6% effective; 45.6% 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

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