The TevaTokenV1 contract, deployed as an upgradeable proxy, implements a standard ERC20 token with burnable, capped, permit, and voting functionalities. It leverages battle-tested OpenZeppelin libraries, providing a solid technical foundation. However, the audit identified significant centralization risks, with a single EOA controlling all critical administrative roles and upgrade capabilities. Additionally, the high potential for token dilution presents a notable economic risk. While the code quality is high, these centralization and economic factors elevate the overall risk profile.
On-chain security analysis — is it a scam or legit?
Is Tevaera 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 TevaTokenV1 contract, deployed as an upgradeable proxy, implements a standard ERC20 token with burnable, capped, permit, and voting functionalities.
Read the full analysis- Ownership status UNKNOWN
- Mintable supply, nominal cap 258%/year — effectively unbounded
- Proxy contract
- OZ ProxyAdmin -> Admin is EOA
- Top-10 concentration > 50%
- Liquidity not locked, but no owner/deployer address holds LP — market-depth risk, not rug risk
- LP top1 unlocked holder = 100.0%
- LP top3 unlocked holders = 100.0%
- 3 High finding(s) from audit
- 2 Medium finding(s) from audit
- 1 Low finding(s) from audit
Exact factors
- Ownership status UNKNOWN (owner could not be resolved)
- Mintable supply, nominal cap 258%/year — effectively unbounded
- Proxy contract (upgradeable — admin can replace logic)
- OZ ProxyAdmin -> Admin is EOA (single key controls upgrades)
- Top-10 concentration > 50% (68.2% total → 64.9% effective; 62.7% in EOAs, 5.5% in contracts — heavy)
- Liquidity not locked, but no owner/deployer address holds LP — market-depth risk, not rug risk
- LP top1 unlocked holder = 100.0% (independent LP — depth risk, pool = 52% of DEX liquidity)
- LP top3 unlocked holders = 100.0% (independent LP — depth risk, pool = 52% of DEX liquidity)
- 3 High finding(s) from audit
- 2 Medium finding(s) from audit
- 1 Low finding(s) from audit
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 4Holders
as of audit · Sep 4, 2026- Contractstreasury, vesting, bridge, staking5.5%
- Walletsanonymous holders, free to sell62.7%
- Everyone elsethe rest of the supply31.8%
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 Sep 4, 2026
Liquidity
as of audit · Sep 4The 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.
0x024d…21460x4d7d…5d49No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.
Security Findings
HighCentralized Control of Critical Roles
The DEFAULT_ADMIN_ROLE, MINTER_ADMIN_ROLE, and BURNER_ADMIN_ROLE are all granted to msg.sender during initialization. In a TransparentUpgradeableProxy setup, this msg.sender is typically the ProxyAdmin owner, which is an EOA (0x936d…aabe). This single EOA has complete control over granting and revoking MINTER_ROLE and BURNER_ROLE, effectively centralizing control over token supply and destruction. A compromise of this EOA would allow an attacker to mint tokens up to the cap or burn tokens arbitrarily.H-01
Issue
The DEFAULT_ADMIN_ROLE, MINTER_ADMIN_ROLE, and BURNER_ADMIN_ROLE are all granted to msg.sender during initialization. In a TransparentUpgradeableProxy setup, this msg.sender is typically the ProxyAdmin owner, which is an EOA (). This single EOA has complete control over granting and revoking MINTER_ROLE and BURNER_ROLE, effectively centralizing control over token supply and destruction. A compromise of this EOA would allow an attacker to mint tokens up to the cap or burn tokens arbitrarily.
Fix
Transfer the DEFAULT_ADMIN_ROLE, MINTER_ADMIN_ROLE, and BURNER_ADMIN_ROLE to a multi-signature wallet (e.g., Gnosis Safe) or a robust DAO governance contract. This distributes control and requires multiple approvals for critical operations, significantly reducing the risk of a single point of failure.
Status
Unresolved
HighCentralized Upgrade Authority
The TransparentUpgradeableProxy is controlled by a ProxyAdmin contract, which is owned by a single EOA (0x936d…aabe). This EOA has sole authority to upgrade the contract's implementation logic. A compromise of this EOA would allow an attacker to deploy malicious contract logic, potentially leading to loss of funds, freezing of assets, or other severe consequences.H-02
Issue
The TransparentUpgradeableProxy is controlled by a ProxyAdmin contract, which is owned by a single EOA (). This EOA has sole authority to upgrade the contract's implementation logic. A compromise of this EOA would allow an attacker to deploy malicious contract logic, potentially leading to loss of funds, freezing of assets, or other severe consequences.
Fix
Transfer ownership of the ProxyAdmin contract to a multi-signature wallet or a DAO. This ensures that any future upgrades require consensus from multiple trusted parties, enhancing the security and trustworthiness of the upgrade process.
Status
Unresolved
HighHigh Potential for Token Dilution
The provided data indicates a mint_annual_dilution_pct of 258.14%. While the token has a MAX_CAP of 4 billion, this high dilution rate suggests a significant capacity for rapid token inflation. If the MINTER_ROLE is misused or compromised, or if the minting schedule is not transparently managed, this could lead to substantial dilution of existing token holders' value, impacting market stability and investor confidence.H-03
Issue
The provided data indicates a mint_annual_dilution_pct of 258.14%. While the token has a MAX_CAP of 4 billion, this high dilution rate suggests a significant capacity for rapid token inflation. If the MINTER_ROLE is misused or compromised, or if the minting schedule is not transparently managed, this could lead to substantial dilution of existing token holders' value, impacting market stability and investor confidence.
Fix
Clearly communicate the project's minting strategy, schedule, and rationale to the community. Consider implementing additional controls such as a timelock for large minting operations or a more granular, rate-limited minting mechanism to provide greater predictability and prevent sudden supply shocks. Regular transparency reports on token supply changes are also recommended.
Status
Unresolved
MediumLack of On-Chain Governance for Critical Parameters
While the contract includes ERC20VotesUpgradeable, indicating a potential for off-chain voting, there is no integrated on-chain governance mechanism (e.g., OpenZeppelin Governor) that allows token holders to directly influence critical contract parameters, role assignments, or upgrade decisions. All such decisions currently rest with the centralized administrative EOA.M-01
Issue
While the contract includes ERC20VotesUpgradeable, indicating a potential for off-chain voting, there is no integrated on-chain governance mechanism (e.g., OpenZeppelin Governor) that allows token holders to directly influence critical contract parameters, role assignments, or upgrade decisions. All such decisions currently rest with the centralized administrative EOA.
Fix
Explore integrating a robust on-chain governance module, such as OpenZeppelin's Governor contracts, to gradually decentralize decision-making power. This would allow token holders to propose, vote on, and execute changes to the contract, including role management and upgrades, thereby enhancing community participation and long-term resilience.
Status
Unresolved
MediumReliance on EOA for Critical Operations
The DEFAULT_ADMIN_ROLE for the AccessControl and the owner of the ProxyAdmin are both single External Owned Accounts (EOAs). This creates a single point of failure where the compromise of a single private key could lead to complete control over the token contract, including minting, burning, and upgrading its logic. This poses a significant operational security risk.M-02
Issue
The DEFAULT_ADMIN_ROLE for the AccessControl and the owner of the ProxyAdmin are both single External Owned Accounts (EOAs). This creates a single point of failure where the compromise of a single private key could lead to complete control over the token contract, including minting, burning, and upgrading its logic. This poses a significant operational security risk.
Fix
Transition all critical EOA roles to multi-signature wallets (e.g., Gnosis Safe) with a sufficient number of signers. This enhances security by requiring multiple independent approvals for sensitive operations, significantly reducing the risk associated with a single private key compromise.
Status
Unresolved
LowBlock Timestamp Dependency for Delegation Expiry
The delegateOnBehalf function uses block.timestamp to check the _expiry of a delegation signature. While generally acceptable for time-based checks, block.timestamp can be manipulated by miners within a small window (typically up to 15 seconds). This could potentially allow a miner to slightly extend or shorten the validity period of a delegation signature.L-01
Issue
The delegateOnBehalf function uses block.timestamp to check the _expiry of a delegation signature. While generally acceptable for time-based checks, block.timestamp can be manipulated by miners within a small window (typically up to 15 seconds). This could potentially allow a miner to slightly extend or shorten the validity period of a delegation signature.
Fix
For delegation expiry, this minor manipulation risk is generally considered acceptable and does not typically pose a critical security threat. No immediate code change is required, but it's important to be aware of this characteristic of block.timestamp when designing time-sensitive logic.
Status
Unresolved
Analysis
AI Copilotas of audit · Sep 4The contract (7.1 Architecture, 7.2 Code Security) utilizes battle-tested OpenZeppelin upgradeable libraries, ensuring a robust and secure foundation for ERC20 functionality, access control, and upgradeability. The delegateOnBehalf function correctly implements EIP-712 typed data hashing and SignatureChecker for secure off-chain delegation. Role-based access control is properly structured with admin roles for minters and burners (7.3 Access Control). However, the primary technical risk lies in the highly centralized access control, where a single EOA holds the DEFAULT_ADMIN_ROLE and can manage all other critical roles, posing a single point of failure (7.8 Operations).
The token has a hard cap (MAX_CAP) of 4 billion tokens, and minting/burning are role-gated, providing some economic control (7.4 Economic). ERC20Votes is included, suggesting potential future governance integration. However, all critical roles (DEFAULT_ADMIN_ROLE, MINTER_ADMIN_ROLE, BURNER_ADMIN_ROLE) are controlled by a single EOA, leading to high centralization (7.5 Governance). The reported annual dilution rate of 258% indicates a significant potential for supply inflation, which could negatively impact token value if not managed transparently (7.4 Economic). There is no on-chain governance mechanism for token holders to influence critical parameters.
The contract employs the Transparent Upgradeable Proxy pattern with OpenZeppelin's Initializable and _disableInitializers for safe and standard upgradeability (7.7 Upgrades). This allows for future enhancements and bug fixes without redeploying the token. However, the upgrade process is entirely controlled by a single ProxyAdmin owner (an EOA), introducing a significant centralization risk. A compromise of this EOA would allow unauthorized contract logic changes (7.7 Upgrades).
To mitigate the identified risks, it is strongly recommended to transition all critical administrative roles, including the DEFAULT_ADMIN_ROLE, MINTER_ADMIN_ROLE, BURNER_ADMIN_ROLE, and the ProxyAdmin ownership, to a robust multi-signature wallet (e.g., Gnosis Safe) or a decentralized autonomous organization (DAO).
This will eliminate single points of failure and enhance the security posture against private key compromise or malicious intent. Furthermore, clear communication regarding the token's minting schedule and rationale is crucial, especially given the high potential for dilution. Consider implementing a timelock for significant minting operations or a more granular, transparent control mechanism for supply adjustments to build trust and predictability within the ecosystem.
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.
- Aug 13, 2026100Critical
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
Frequently Asked Questions
What is the TEVA contract address?
The Tevaera (TEVA) contract on Base is 0x00309d634d11541b857f927be91ad2f0bd78894c. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.
Is Tevaera a scam?
Quantum Audit's risk score for Tevaera is 100/100 (Critical risk) as of Sep 4, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Mint: Mintable; Liquidity lock: Not locked; Upgradeability: Upgradeable. A score is a dated snapshot of those facts, not a guarantee; each one is listed on this page.
Is TEVA liquidity locked?
Liquidity lock: Not locked (as of Sep 4, 2026). Total DEX liquidity: $59.9K.
Who holds TEVA?
As of Sep 4, 2026, the 10 largest holders own 68.2% of the supply. The Holders section on this page shows who they are by holder type.
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