Is traindog 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 traindog token is an SPL Token-2022 mint. Both the mint authority and freeze authority are revoked, ensuring that no new tokens can be minted and no existing holder accounts can be frozen. The token has a supply of 999,915,428.395572 with 6 decimals. No Token-2022 extensions like Transfer Hook or Default Account State Frozen are active, nor are there any balance or metadata mutability authorities, contributing to a secure technical foundation.

GovernanceHigh1/10

The token exhibits a low holder concentration, with the top 10 accounts holding 26.5% of the supply, which is below thresholds for significant concentration risk. Total DEX liquidity is $77,395, which is moderate. The 24-hour volume to liquidity ratio is 4.04, indicating normal trading activity without signs of wash trading. The pair has been active for 44 days, providing a reasonable track record.

UpgradesMedium5/10

The mint authority and freeze authority are both revoked, meaning the token's supply and account freeze status cannot be altered post-launch. No Token-2022 extensions that would allow for future upgrades or modifications, such as transfer hook upgradability or transfer fee upgradability, are enabled. Furthermore, the token's metadata is immutable, preventing changes to its name, symbol, or image.

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$42.3K across 8 pairs

PumpswapSOLanalysed$40.6K Meteora DYN2Doom$498 Meteora DYN2Cupsey$390 Meteora DYN2Doom$279 Meteora DYN2Passengers$228 Meteora DYN2Passengers$217

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

6 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Contract source NOT verified
Top-10 concentration > 50% (51.2% total → 51.2% effective; 51.2% in EOAs, 0.0% in contracts — heavy)
Liquidity NOT locked (owner can withdraw — rug-pull risk)
Liquidity < $50k ($42,259 across 8 pairs — thin market)

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

Is traindog Safe?