Is TAPE Safe? Smart Contract Security Analysis

Security Findings

1 Info

Info

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

I-01This 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 holder concentration, which are read directly from chain state and from third-party risk registries.

IssueThis 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 holder concentration, which are read directly from chain state and from third-party risk registries.

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

StatusAcknowledged

Category Ratings

TechnicalMedium6/10

The TAPE token is implemented using the spl-token-2022 program. Both the mint authority and freeze authority have been revoked, indicating a fixed supply and immutability of account freezing. No Token-2022 extensions like Transfer Hook or Default Account State Frozen are active, and external security signals confirm no balance mutability, transfer fees, or non-transferable status. The token has a total supply of 999,984,308,955,776 with 6 decimals.

GovernanceHigh1/10

DEX market data indicates a liquidity of $32,736 and a 24-hour volume of $5,721, resulting in a normal Volume/Liquidity Ratio of 0.17. The DEX pair has been active for 40 days, providing some track record. Holder concentration data was unavailable, preventing an assessment of supply distribution. No adverse flags were reported by a third-party risk registry.

UpgradesMedium5/10

The token's mint authority and freeze authority are both revoked, ensuring that no new tokens can be minted and no accounts can be frozen post-launch. The token is built on the spl-token-2022 program but does not utilize extensions like Transfer Hook or Default Account State Frozen. Furthermore, the token's metadata is immutable, preventing changes to its name, symbol, or image. These factors contribute to a high degree of immutability for the token's core parameters.

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$15.4K

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

7 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Contract source NOT verified
Top-10 concentration > 50% (63.8% total → 63.8% effective; 63.8% in EOAs, 0.0% in contracts — heavy)
Liquidity NOT locked (owner can withdraw — rug-pull risk)
Liquidity < $50k ($15,353 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

Frequently Asked Questions

Is TAPE a scam?

Based on the available data, TAPE exhibits several characteristics associated with higher-risk projects, such as an unverified contract and unlocked liquidity, which could enable adverse actions like a rug pull. However, the ownership is renounced, and no new tokens can be minted. This combination means while not definitively a scam based solely on this data, significant risks are present that investors must acknowledge.

Is TAPE safe to buy?

TAPE is not considered safe to buy without significant caution due to multiple risk factors. The unverified contract prevents code scrutiny, while unlocked liquidity exposes investors to potential withdrawal by providers. Furthermore, concentrated holdings by the top 10 wallets introduce market manipulation risks. Investors should proceed with extreme diligence and understand the implications of these identified vulnerabilities.

Has TAPE been audited?

No, TAPE's contract is explicitly listed as 'not verified.' This means the smart contract code has not been publicly provided on the blockchain explorer for review. While this isn't a formal security audit by a third-party firm, the lack of verification prevents basic community scrutiny and independent assessment of its safety and functionality.

Is TAPE Safe?