This audit of the Strategic American Oil Fund (SAOF) SPL Token Mint found no critical or high-severity issues based on the provided on-chain facts and external security signals. The mint and freeze authorities are revoked, and no Token-2022 extensions posing significant risks are active. While chain-native RPC holder distribution data was unavailable, a third-party signal indicates low concentration.

On-chain security analysis — is it a scam or legit?
Is Strategic American Oil Fund Safe?
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 →This audit of the Strategic American Oil Fund (SAOF) SPL Token Mint found no critical or high-severity issues based on the provided on-chain facts and external security signals.
Read the full analysis- Top-10 concentration > 50%
- Liquidity < $50k
- Token age < 30 days
Exact factors
- Top-10 concentration > 50% (51.1% total → 51.1% effective; 51.1% in EOAs, 0.0% in contracts — heavy)
- Liquidity < $50k ($16,450 across 1 pairs — thin market)
- Token age < 30 days (still settling)
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 22Holders
as of audit · Sep 22, 2026- Top 10 holdersthe ten largest balances51.1%
- Everyone elsethe rest of the supply48.9%
Holder balances as recorded by the audit of Sep 22, 2026
Liquidity
as of audit · Sep 22The risk score reads depth across every pair.
The LP tokens of the analysed pool are locked or burned.
Security Findings
InfoNo 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 22The Strategic American Oil Fund (SAOF) is an SPL Token-2022 mint. Both the mint authority and freeze authority have been revoked, ensuring no new tokens can be minted and no accounts can be frozen post-launch. No risky Token-2022 extensions such as a transfer hook or permanent delegate are active, and the default account state is not frozen. The token is not balance_mutable, closable, freezable, or non_transferable, indicating standard token behavior.
The token exhibits healthy liquidity with $137,251 USD available on DEXs. The 24-hour volume of $103,958 USD results in a normal Volume/Liquidity Ratio of 0.76, not indicating wash trading. Holder concentration is low, with the top 10 accounts holding 11.73% of the supply, reducing the risk of large-scale sell-offs. The DEX pair has been active for 8 days, providing a short but stable track record.
The mint authority and freeze authority are both revoked, preventing any future changes to the token's supply or account freeze status. Key Token-2022 extensions like transfer hook and transfer fee are not present, and their upgradability flags are false. The token's metadata is also immutable, ensuring that its name, symbol, or image cannot be altered post-launch.
This token appears to be configured securely based on the provided on-chain data.
Holders should continue to monitor DEX liquidity and trading volume for any significant changes. Verify on-chain that the mint and freeze authorities remain revoked to ensure the fixed supply and unfreezable nature of the token are maintained. No further specific actions are immediately required based on this audit.
Contract & Record
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
- Sep 22, 202616Low
- Sep 4, 202658Medium
- Aug 4, 202636Medium
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
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