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

Is Purple Bitcoin Safe?

PBTCSolana
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 →
Last checked Sep 22, 2026 · 2 audits on record
SummaryAI Copilot

The Purple Bitcoin (PBTC) SPL token mint demonstrates a strong security posture with both mint and freeze authorities revoked, ensuring a fixed supply and preventing account freezing.

Read the full analysis
What raised the score
  • Top-10 concentration > 20%
  • Liquidity not locked
Exact factors
  • Top-10 concentration > 20% (22.2% total → 22.2% effective; 22.2% in EOAs, 0.0% in contracts — mild)
  • 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

Security Checklist

as of audit · Sep 223 of 4 checks passed
Contract verifiedVerified
MintNo mint
Liquidity lockNot locked
UpgradeabilityFixed code

Holders

as of audit · Sep 22, 2026
22.2%Top 10 holders77.8%Everyone else
22.2%Top 10 holders77.8%Everyone else
Top 10 holdersEveryone elseBubble area = share of supply
22.2%of supply sits with the top 10 holders
  • Top 10 holdersthe ten largest balances22.2%
  • Everyone elsethe rest of the supply77.8%

Holder balances as recorded by the audit of Sep 22, 2026

Liquidity

as of audit · Sep 22$338.0K across 19 pairs
LP tokensNot locked

The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.

Analysed pool$301.5KShare of depth89.2%
LP Burned100.0% · ≈ permanent lock

Security Findings

1 Info
Info

No code-level findings — an SPL mint exposes no auditable program source

This token is an SPL token mint, not a deployed program: there is no contract source code on-chain for a line-by-line review, so no code-level vulnerability could be identified either way. The assessment on this page therefore rests on mint/owner authority, mint capability, LP lock/burn state, holder concentration, which are read directly from chain state and from third-party risk registries.I-01

Issue

This token is an SPL token mint, not a deployed program: there is no contract source code on-chain for a line-by-line review, so no code-level vulnerability could be identified either way. The assessment on this page therefore rests on mint/owner authority, mint capability, LP lock/burn state, holder concentration, which are read directly from chain state and from third-party risk registries.

Fix

Read the risk score breakdown below as the substance of this audit. For a code-level review, the token would need an accompanying verified program.

Status

Acknowledged

Analysis

AI Copilotas of audit · Sep 22
Executive SummaryWhat the contract is and what the review found

The Purple Bitcoin (PBTC) SPL token mint demonstrates a strong security posture with both mint and freeze authorities revoked, ensuring a fixed supply and preventing account freezing. No mutable authorities or active Token-2022 extensions that could alter token behavior were identified. A third-party risk registry flags this token as a 'Copycat token', and holder distribution data was unavailable from chain-native RPC.

Technical10/10Low risk

The token is implemented using the standard spl-token program. Both the mint authority and freeze authority have been revoked, indicating a fixed supply and immutability of account freezing. No balance-mutating, closable, freezable, non-transferable, or default frozen account state extensions are active, as confirmed by balance_mutable: False and default_account_state_frozen: False among others.

Governance7/10Low risk

DEX market data indicates a healthy liquidity of $235,645 USD and a 24-hour volume of $242,805 USD. The Volume/Liquidity Ratio is 1.03, which is normal and does not suggest wash trading. The DEX pair has been active for 583 days, indicating an established market presence. Holder concentration data was unavailable from chain-native RPC.

Upgrades8/10Low risk

The mint authority and freeze authority are both revoked, preventing any future changes to the token's supply or the ability to freeze holder accounts. Metadata is immutable (metadata_mutable: False), ensuring that the token's name, symbol, or image cannot be altered post-launch. No upgradable transfer fee or transfer hook extensions are active.

Final RecommendationWhat to do about this score

Holders should verify on-chain that the mint and freeze authorities remain revoked to confirm the immutability of the token's supply and transferability.

Monitor for any future changes in the token's status or associated programs. Given the 'Copycat token' signal from a third-party risk registry, conduct thorough independent due diligence on the token's origin, branding, and project legitimacy before any significant interaction.

Contract & Record

2 audits on record
TypeSPL Token v3
NetworkSolana
Token age1y
ContractHfMbPy…bF5p
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Audit History
  1. Sep 22, 20260Low
  2. Jul 23, 202626Low

Score changes are recorded as dated snapshots — history is append-only and cannot be edited.

Frequently Asked Questions

What is the PBTC contract address?

The Purple Bitcoin (PBTC) contract on Solana is HfMbPyDdZH6QMaDDUokjYCkHxzjoGBMpgaUvpLWGbF5p. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.

Is Purple Bitcoin a scam?

Quantum Audit's risk score for Purple Bitcoin is 0/100 (Low risk) as of Sep 22, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Mint: No mint; Liquidity lock: Not locked; Upgradeability: Fixed code. A score is a dated snapshot of those facts, not a guarantee; each one is listed on this page.

Is PBTC liquidity locked?

Liquidity lock: Not locked (as of Sep 22, 2026). Total DEX liquidity: $338.0K.

Who holds PBTC?

As of Sep 22, 2026, the 10 largest holders own 22.2% of the supply. The Holders section on this page shows who they are by holder type.

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