The WrappedAssetV2 contract is a standard ERC-20 implementation utilizing OpenZeppelin's upgradeable libraries. It features centralized minting capabilities and a blacklist mechanism controlled by specific roles. The architecture is robust, leveraging battle-tested libraries for access control and proxy management.
On-chain security analysis — is it a scam or legit?
Is Sui (Universal) 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 →The WrappedAssetV2 contract is a standard ERC-20 implementation utilizing OpenZeppelin's upgradeable libraries.
Read the full analysis- Mintable supply — no cap found, dilution unbounded
- Upgradeable proxy — the admin can replace the logic
- Liquidity not locked
- Liquidity < $50k
- Top-10 concentration > 20%
Exact factors
- Mintable supply — no cap found, dilution unbounded
- Upgradeable proxy — the admin can replace the logic
- Liquidity NOT locked (100% of the pool; this pool is 98% of DEX liquidity) — held by independent providers — market-depth risk
- Liquidity < $50k ($41,405 across 11 pairs — thin market)
- Top-10 concentration > 20% (36.8% total → 20.8% effective; 10.1% in EOAs, 26.7% in contracts)
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 · Oct 25Holders
as of audit · Oct 25, 2026- Contractstreasury, vesting, bridge, staking26.7%
- Walletsanonymous holders, free to sell10.1%
- Everyone else64,676 holders63.2%
How holder types affect the score
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 25, 2026
Liquidity
as of audit · Oct 25- AerodromeWETHAnalysed$40.6K98.0%
- Uniswap v4USDC$4651.1%
- Uniswap v2EFM$2120.5%
- Uniswap v4USDC$930.2%
- PancakeswapWETH$530.1%
- AerodromeWETH$80.0%
Show 1 more pair
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.
0xfa2b…52bb0x8815…288b0x3662…ba86No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.
Security Findings
MediumLiquidity not locked
0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 3 address(es) other than the owner/deployer. One of them — a wallet, 0xfa2b…52bb — holds 69.6% 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.QA-LIQUIDITY
Issue
0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 3 address(es) other than the owner/deployer. One of them — a wallet, 0xfa2b…52bb — holds 69.6% 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.
Fix
Check the lock's end date and beneficiary on the locker's own page before relying on it.
Status
Acknowledged
MediumWhat the token's controller can do
The contract lets its controller — a 2-of-4 multisig — mint new supply. Nothing independent vouches for whoever holds them, so each is a live risk to holders.QA-POWERS
Issue
The contract lets its controller — a 2-of-4 multisig — mint new supply. Nothing independent vouches for whoever holds them, so each is a live risk to holders.
Fix
Check who holds these powers and whether a timelock or multisig stands between them and holders.
Status
Acknowledged
InfoNo issues identified in the reviewed source
The verified source code was reviewed and no issue rising to Informational severity or above was identified. This is a statement about the code that was read, not a guarantee: the review covers the published source only. Fact-layer checks (mint/owner authority, mint capability, holder concentration) were applied separately and feed the risk score.I-01
Issue
The verified source code was reviewed and no issue rising to Informational severity or above was identified. This is a statement about the code that was read, not a guarantee: the review covers the published source only. Fact-layer checks (mint/owner authority, mint capability, holder concentration) were applied separately and feed the risk score.
Fix
Re-check after any contract upgrade or ownership change, both of which can alter behaviour without changing this page.
Status
Acknowledged
InfoWho holds the supply
The ten largest holders own 36.8% of supply. What remains: 10.1% in wallets, 26.7% in other contracts. 64,686 holders in total.QA-HOLDERS
Issue
The ten largest holders own 36.8% of supply. What remains: 10.1% in wallets, 26.7% in other contracts. 64,686 holders in total.
Fix
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Status
Acknowledged
InfoListed, but not independently verified
Listed on CoinGecko as Wrapped SUI (Universal) (USUI). 64,686 holders.QA-IDENTITY
Issue
Listed on CoinGecko as Wrapped SUI (Universal) (USUI). 64,686 holders.
Fix
Match the contract address against the project's official channels before trading.
Status
Acknowledged
InfoThe market for this token
Liquidity $41K (DexScreener, all pools). 24h trading volume $24K (CoinGecko, all markets, daily snapshot). 24h trading volume $66K (DexScreener, all pools).QA-MARKET
Issue
Liquidity $41K (DexScreener, all pools). 24h trading volume $24K (CoinGecko, all markets, daily snapshot). 24h trading volume $66K (DexScreener, all pools).
Fix
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Status
Acknowledged
InfoAsset class: Wrapped or bridged asset
A token representing another asset's units 1:1, backed by a wrapping contract, a custodian or a bridge. The class itself adds no points; the contract and market facts decide the score. Basis: CoinGecko category: Wrapped-Tokens. Tokenomics — Supply: mintable with no on-chain cap found. Control: a 2-of-4 multisig. Code: upgradeable proxy. Fees: no buy or sell tax. Market: $41K of DEX liquidity across 11 pools. Launch: 709 days of market history.QA-PROFILE
Issue
A token representing another asset's units 1:1, backed by a wrapping contract, a custodian or a bridge. The class itself adds no points; the contract and market facts decide the score. Basis: CoinGecko category: Wrapped-Tokens. Tokenomics — Supply: mintable with no on-chain cap found. Control: a 2-of-4 multisig. Code: upgradeable proxy. Fees: no buy or sell tax. Market: $41K of DEX liquidity across 11 pools. Launch: 709 days of market history.
Fix
The backing is the risk: check who holds the underlying asset and how redemption works.
Status
Acknowledged
Analysis
AI Copilotas of audit · Oct 25The contract utilizes standard OpenZeppelin upgradeable patterns, ensuring 7.1 Architecture and 7.2 Code Security compliance. 7.3 Access Control is strictly enforced via AccessControlUpgradeable, limiting minting and blacklisting to authorized roles. 7.6 External dependencies are limited to well-audited libraries, minimizing integration risks.
7.4 Economic and 7.5 Governance risks are centered on the centralized control of the minting and blacklisting functions. While necessary for a wrapped asset, these powers allow the controller to freeze user funds or inflate supply. The use of a 2-of-4 multisig for ownership provides a layer of protection against single-point-of-failure risks.
7.7 Upgrades are managed via a BeaconProxy pattern, which is a secure and standard approach for multi-contract deployments. 7.8 Operations are supported by the DefaultAdminRules, which include a delay mechanism for administrative changes. This provides a safety buffer for critical governance actions.
Maintain the current multisig threshold and ensure that the keys are stored in geographically distributed hardware security modules.
Regularly audit the list of addresses granted the 'merchant_controller' and 'RESPONDER_ROLE' to ensure that only authorized entities retain these sensitive permissions.
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.
- Oct 25, 202658Medium
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
Frequently Asked Questions
What is the USUI contract address?
The Sui (Universal) (USUI) contract on Base is 0xb0505e5a99abd03d94a1169e638b78edfed26ea4. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.
Is Sui (Universal) a scam?
Quantum Audit's risk score for Sui (Universal) is 58/100 (Medium risk) as of Oct 25, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Ownership: Retained; Mint: Mintable; Liquidity lock: Not locked; Upgradeability: Upgradeable; 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.
Is USUI liquidity locked?
Liquidity lock: Not locked (as of Oct 25, 2026). Total DEX liquidity: $41.4K.
Who holds USUI?
As of Oct 25, 2026, the 10 largest holders own 36.8% of the supply across 64,686 holders. The Holders section on this page shows who they are by holder type.
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