Quantum Audit Logo

Is Sandisk - Backpack Securities Safe?

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

Is this your token? Publish your own audit on this page →

Sandisk - Backpack Securities SNDK
SNDKbw…RhfH
Solana
Not verifiedThis 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 today 1 audit on record
DexScreener ↗
How is this score calculated? → Critical Risk
Executive SummaryAI Copilot

This SPL Token Mint exhibits critical security risks due to active Mint, Freeze, and Permanent Delegate authorities, allowing for arbitrary token creation, account freezing, and fund confiscation. Additionally, over 70% of the supply is held by the top 10 accounts, posing a significant market manipulation risk. All available third-party registry data confirmed these risks.

3 Critical1 High1 Medium1 Low
Volume 24h
$250.1K
Liquidity
$120.7K
Price
$1757.1700
Token Age
2mo
Top 10 Holders
70.6%

Security Findings

3 Crit1 High1 Med1 Low
Critical

Mint Authority Not Revoked

C-01The mint authority is umtnrd…GWky. The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.
IssueThe mint authority is . The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.
FixVerify on-chain that the mint authority is set to null before treating supply as fixed.
StatusUnresolved
Critical

Freeze Authority Not Revoked

C-02The freeze authority is 2cVYpa…af4a. The holder can freeze any holder's account, blocking transfers and effectively confiscating funds.
IssueThe freeze authority is . The holder can freeze any holder's account, blocking transfers and effectively confiscating funds.
FixAvoid tokens whose freeze authority is not revoked unless the issuer is a regulated stablecoin operator.
StatusUnresolved
Critical

Permanent Delegate Configured

C-032cVYpa…af4a has permanent delegate authority and can transfer any holder's tokens without consent.
Issue has permanent delegate authority and can transfer any holder's tokens without consent.
FixTreat this token as fully custodial.
StatusUnresolved
High

Holder Concentration > 70%

H-01Top 10 token accounts hold 72.02% of supply. Coordinated sell-off would crash price; single-whale dumps are common in this range.
IssueTop 10 token accounts hold 72.02% of supply. Coordinated sell-off would crash price; single-whale dumps are common in this range.
FixAccount for the potential impact of large holder sell-offs on price stability.
StatusUnresolved
Medium

Balance Mutability Authority

M-01A balance-mutating authority can adjust user balances.
IssueA balance-mutating authority can adjust user balances.
FixUnderstand the implications of a balance-mutating authority and its potential impact on token holdings.
StatusUnresolved
Low

Mutable Metadata

L-01Token name, symbol, or image can be changed post-launch.
IssueToken name, symbol, or image can be changed post-launch.
FixVerify metadata against off-chain expectations before trusting branding.
StatusUnresolved

Category Ratings

TechnicalHigh1/10

This token is an SPL Token-2022 mint with a total supply of 1,168,354,486 tokens and 6 decimals. Critical authorities are active: a Mint Authority at can create unlimited new tokens, and a Freeze Authority at can freeze user accounts. Furthermore, the same address holds a Permanent Delegate authority, enabling direct transfer of user funds without consent. The balance_mutable flag is true, indicating an authority can adjust user balances.

GovernanceHigh1/10

The token exhibits high holder concentration, with the top 10 accounts controlling 72.02% of the total supply, which presents a substantial risk of market manipulation or price crashes from large sell-offs. Liquidity is $107,292, and the 24-hour volume is $814,333, resulting in a Volume/Liquidity Ratio of 7.59. The DEX pair has been active for 84 days.

UpgradesHigh1/10

The token's metadata is mutable, allowing for changes to its name, symbol, or image post-launch. While no transfer hook is currently active, the transfer_hook_upgradable flag is true, meaning a transfer hook could be introduced later. The Mint and Freeze authorities remain active, as detailed in the technical section, allowing for fundamental changes to the token's supply and transferability.

Security Checklist

2/4 checks passed
Contract VerifiedPass
No Mint FunctionFail
Liquidity LockedFail
Not a ProxyPass
HoneypotNoneBuy Tax0.0%Sell Tax0.0%

Liquidity Depth

$131.6K across 8 pairs
Raydium CLMMUSDCanalysed$120.7K91.7%Meteora DLMMSOL$9.8K7.5%Raydium CLMMUSDC$5070.4%Raydium CLMMSOL$1930.1%Meteora DLMMUSDC$1770.1%Orca wpMU$1130.1%
Show 2 more pairsShow less
Meteora DLMMUSDC$740.1%Raydium CPMMSOL$430.0%

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

9 factors
  • Freeze authority NOT revoked — any holder's account can be frozen
  • Mintable supply — no cap found, dilution unbounded
  • Top-10 concentration > 70% (70.6% total → 70.6% effective; 70.6% in EOAs, 0.0% in contracts — extreme)
  • Liquidity NOT locked (owner can withdraw — rug-pull risk)
  • 3 Critical finding(s) from audit
  • 1 High finding(s) from audit
  • 1 Medium finding(s) from audit
  • 1 Low finding(s) from audit
  • Permanent Delegate set (any holder's tokens can be burned)

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

Related Audits

6 more on the record
NVIDIA xStock (NVDAX)Critical RiskCircle xStock (CRCLX)Critical RiskDominion Silver (SILV)Critical RiskJupiter Perps LP (JLP)Critical RiskVida Global xStock (VIDAX)Critical RiskSP500 xStock (SPYX)Critical Risk

Would You Like a More Detailed Audit of Sandisk - Backpack Securities?

Our AI-powered scanner gives you a deeper, real-time smart contract analysis — free, with every scoring factor shown.

Get Detailed Audit