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Treasure MAGIC
0xb0c7…ac9a
Ethereum
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.Own this token? Put it under verification →
Last checked today 1 audit on record
DexScreener ↗
How is this score calculated? → Medium Risk
Executive SummaryAI Copilot

The MagicTIP39Facet contract, part of a Diamond proxy system, implements standard ERC-20 token functionality. No critical or high-severity vulnerabilities were identified. The contract's core token transfer mechanisms are standard and do not include any owner-controlled functions that could alter token behavior or supply.

1 Medium5 Informational
Volume 24h
$44.0K
Liquidity
$21.1K
Price
$0.1091
Token Age
5y
Top 10 Holders
94.0%

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 6 address(es) other than the owner/deployer. One of them — a contract, 0x2dde…d273 — holds 73.8% 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.
Issue0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 6 address(es) other than the owner/deployer. One of them — a contract, 0x2dde…d273 — holds 73.8% 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.
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 94.0% of supply. What remains: 0.9% in wallets, 93.2% in other contracts. 5,723 holders in total.
IssueThe ten largest holders own 94.0% of supply. What remains: 0.9% in wallets, 93.2% in other contracts. 5,723 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 Treasure (MAGIC), market cap $54M, rank #458. Traded on Binance. 5,723 holders. Verified by: CoinGecko.
IssueListed on CoinGecko as Treasure (MAGIC), market cap $54M, rank #458. Traded on Binance. 5,723 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 $21K (DexScreener, all pools). 24h trading volume $408.7M (CoinGecko, all markets, daily snapshot). 24h trading volume $169K (DexScreener, all pools). CoinGecko's record for this coin: all-time high $6.32 on 2022-02-19; the price is now 97.4721% below it.
IssueLiquidity $21K (DexScreener, all pools). 24h trading volume $408.7M (CoinGecko, all markets, daily snapshot). 24h trading volume $169K (DexScreener, all pools). CoinGecko's record for this coin: all-time high $6.32 on 2022-02-19; the price is now 97.4721% below it.
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 3-of-6 multisig. Code: upgradeable proxy. Fees: no buy or sell tax. Market: $21K of DEX liquidity across 3 pools. Launch: 1859 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 3-of-6 multisig. Code: upgradeable proxy. Fees: no buy or sell tax. Market: $21K of DEX liquidity across 3 pools. Launch: 1859 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

TechnicalLow8/10

The MagicTIP39Facet contract provides standard ERC-20 token functionality, including `transfer` and `transferFrom` functions, which operate as expected (7.2 Code Security). The implementation is straightforward, without complex logic or custom hooks that might introduce vulnerabilities. Static analysis confirmed no privileged functions within this facet directly impact token transfers or state (7.3 Access Control). The `transferFrom` function correctly handles allowances and uses `unchecked` arithmetic safely.

GovernanceHigh1/10

This facet does not contain any owner-controlled functions that could manipulate token supply, freeze transfers, or alter core economic parameters (7.4 Economic). While the system owner is a multisig (3/6), their control does not extend to the direct manipulation of this facet's ERC-20 token mechanics (7.5 Governance). This design limits economic risk related to centralized control over the token itself.

UpgradesHigh1/10

The MagicTIP39Facet is deployed as part of a Diamond proxy pattern, allowing for modular and flexible upgrades (7.1 Architecture). This pattern enables future enhancements and bug fixes without redeploying the entire system. However, the inherent complexity of Diamond proxies and the power of upgradeability introduce a medium risk, as malicious or erroneous upgrades could impact the system (7.7 Upgrades). Careful management of the upgrade mechanism is 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 TypeDiamond
ImplementationVerified source
Upgrades (30d)0 · stable

Holder Composition

94.0% in top 10
0.9% in wallets93.2% in contracts
Effective Concentration38.1%

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

$21.3K across 3 pairs
Uniswap v2WETHanalysed$21.1K98.8%SushiswapWETH$2541.2%Uniswap v3mUSD$70.0%

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 Holder73.8%
Top-3 Unlocked97.5%

Key Addresses

11 addresses
Deployer
0x2940…6e41
Unlocked LP Held By
0x2dde…d2730xf13a…4b8d0x5cd3…363a0xe8af…9d5a0x437d…80870xf385…5f850xe9ff…d24d0x4408…eae70x980b…e8400x3be8…f832

What Raised This Score

4 factors
  • Upgradeable proxy — the admin can replace the logic
  • Liquidity NOT locked (100% of the pool; this pool is 99% of DEX liquidity) — who holds it cannot be verified
  • Liquidity < $50k ($21,343 across 3 pairs — thin market)
  • Top-10 concentration > 30% (94.0% total → 38.1% effective; 0.9% in EOAs, 93.2% 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

Related Audits

6 more on the record
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