Quantum Audit Logo

Is Syrup Token Safe?

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

Syrup Token SYRUP
0x688a…9a2f
Base
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.
Last checked today 1 audit on record
DexScreener ↗
How is this score calculated? → Low Risk
Executive SummaryAI Copilot

The SYRUP_OFT contract is an upgradeable LayerZero OFT (Omnichain Fungible Token) deployed on the Base network. It functions as an ERC-20 token with cross-chain capabilities. The contract is managed by a 2/4 multisig for both ownership and proxy administration. No specific vulnerabilities were identified during this analysis.

1 Medium5 Informational
Volume 24h
$91.0K
Liquidity
$52.2K
Price
$0.225
Token Age
1y
Top 10 Holders
39.0%

Security Findings

1 Med5 Info
Medium

Liquidity not locked

QA-LIQUIDITY0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 10 address(es) other than the owner/deployer. One of them — a wallet, 0xcdbc…25d9 — holds 50.9% 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. This assessment covers the main pool, which holds 56% of the token's DEX liquidity; the other pools were not assessed.
Issue0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 10 address(es) other than the owner/deployer. One of them — a wallet, 0xcdbc…25d9 — holds 50.9% 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. This assessment covers the main pool, which holds 56% of the token's DEX liquidity; the other pools were not assessed.
FixCheck the lock's end date and beneficiary on the locker's own page before relying on it.
StatusAcknowledged
Info

No issues identified in the reviewed source

I-01The 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.
IssueThe 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.
FixRe-check after any contract upgrade or ownership change, both of which can alter behaviour without changing this page.
StatusAcknowledged
Info

Who holds the supply

QA-HOLDERSThe ten largest holders own 39.0% of supply. Of that, 2.4% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 32.1% in wallets, 4.5% in other contracts. 6,845 holders in total.
IssueThe ten largest holders own 39.0% of supply. Of that, 2.4% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 32.1% in wallets, 4.5% in other contracts. 6,845 holders in total.
FixWatch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
StatusAcknowledged
Info

Identity verified by independent sources

QA-IDENTITYListed on CoinGecko as Maple Finance (SYRUP), market cap $264M, rank #163. 6,845 holders. Verified by: CoinGecko.
IssueListed on CoinGecko as Maple Finance (SYRUP), market cap $264M, rank #163. 6,845 holders. Verified by: CoinGecko.
FixMatch the contract address against the project's official channels before trading.
StatusAcknowledged
Info

The market for this token

QA-MARKETLiquidity $93K (DexScreener, all pools). 24h trading volume $13.9M (CoinGecko, all markets, daily snapshot). 24h trading volume $93K (DexScreener, all pools).
IssueLiquidity $93K (DexScreener, all pools). 24h trading volume $13.9M (CoinGecko, all markets, daily snapshot). 24h trading volume $93K (DexScreener, all pools).
FixSize any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
StatusAcknowledged
Info

Asset class: Project token

QA-PROFILEA token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: fixed — the contract has no mint function. Control: a 2-of-4 multisig. Code: upgradeable proxy. Fees: no buy or sell tax. Market: $93K of DEX liquidity across 5 pools. Launch: 684 days of market history.
IssueA token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: fixed — the contract has no mint function. Control: a 2-of-4 multisig. Code: upgradeable proxy. Fees: no buy or sell tax. Market: $93K of DEX liquidity across 5 pools. Launch: 684 days of market history.
FixCheck the project's own documentation for what the token is used for; this report covers what the contract allows.
StatusAcknowledged

Category Ratings

TechnicalLow9/10

The SYRUP_OFT contract implements the ERC-20 standard and LayerZero's Omnichain Fungible Token (OFT) functionality, enabling cross-chain transfers. Core ERC-20 functions like `transfer` and `balanceOf` are present. The `lzReceive` and `send` functions handle cross-chain token movements and fee adjustments. No reentrancy, integer overflow/underflow, or other common technical vulnerabilities were identified in the provided code map (7.2 Code Security).

GovernanceMedium5/10

The contract's ownership is retained by a 2/4 multisig, which controls several critical administrative functions (7.3 Access Control). The owner can call `setMsgInspector`, `setEnforcedOptions`, `setPeer`, `setPreCrime`, and `setDelegate` to configure LayerZero messaging and pre-crime simulation. Additionally, the owner can transfer or renounce ownership. While a multisig reduces single points of failure, these functions allow significant control over the token's cross-chain behavior and parameters, impacting economic aspects like transfer amounts and fees via `lzReceive` and `send` (7.4 Economic, 7.5 Governance).

UpgradesHigh3/10

The SYRUP_OFT contract is deployed as a TransparentUpgradeableProxy, allowing its logic to be upgraded in the future (7.1 Architecture, 7.7 Upgrades). The proxy administration is controlled by a 2/4 multisig, which is a robust setup for upgrade decisions. This upgradeability provides flexibility for bug fixes and feature enhancements but also introduces the risk of malicious upgrades if the multisig keys are compromised or misused. Regular audits of new implementation logic are crucial.

Security Checklist

2/5 checks passed
Contract VerifiedPass
Ownership RenouncedFail
No Mint FunctionPass
Liquidity LockedFail
Not a ProxyFail
HoneypotNoneBuy Tax0.0%Sell Tax0.0%

Proxy Upgrade Controls

Proxy TypeEip1967 Transparent
AdminOZ ProxyAdmin → Multisig 2-of-4
ImplementationVerified source
Upgrades (30d)0 · stable

Holder Composition

39.0% in top 10
32.1% in wallets4.5% in contracts
Effective Concentration33.9%

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.

Liquidity Depth

$92.8K across 5 pairs
AerodromeWETHanalysed$52.2K56.2%Uniswap v3WETH$26.9K29.0%AerodromeWETH$13.2K14.2%Uniswap v3USDC$4470.5%AerodromeAERO$1080.1%

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.

LP Distribution

Top-1 Unlocked Holder50.9%
Top-3 Unlocked76.9%

Key Addresses

11 addresses
Deployer
0x9754…d1a3
Unlocked LP Held By
0xcdbc…25d90x65e6…60f50x9032…51370xbcdd…285d0x7d27…fd550x2265…cebd0x62a7…8d5d0x19d4…8d970x92c4…be6a0x3777…c2c8

No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.

What Raised This Score

3 factors
  • Upgradeable proxy — the admin can replace the logic; admin: ProxyAdmin -> Multisig
  • Liquidity NOT locked (100% of the pool; this pool is 56% of DEX liquidity) — held by independent providers — market-depth risk
  • Top-10 concentration > 30% (39.0% total → 33.9% effective; 32.1% in EOAs, 4.5% in contracts; 2.4% burned, locked or in pools excluded)

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
Meta Platforms Inc. (METAC)Low RiskOlivia AI 2.0 ($OLIVIA2.0)Low RiskVibestarter (VIBES)Low RiskPORTALLow RiskBaselineLow RiskboarLow Risk

Would You Like a More Detailed Audit of Syrup Token?

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

Get Detailed Audit