The DERC20 contract is a standard ERC-20 token with additional governance and vesting capabilities. The architecture relies heavily on a centralized owner account, which possesses significant control over token supply and transferability. While the code follows standard OpenZeppelin patterns, the centralization of power presents a notable risk to token holders.
Early-stage security check — honeypot & rug-pull analysis
Is USDP a Scam?
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 DERC20 contract is a standard ERC-20 token with additional governance and vesting capabilities.
Read the full analysis- Owner can pause all transfers
- A privileged address controls a switch that decides whether transfers go through
- Mintable supply — no cap found, dilution unbounded
- LP lock status UNKNOWN — the pool's LP could not be read
- Top-10 concentration > 30%
Exact factors
- Owner can pause all transfers
- A privileged address controls a switch that decides whether transfers go through
- Mintable supply — no cap found, dilution unbounded
- LP lock status UNKNOWN — the pool's LP could not be read
- Top-10 concentration > 30% (100.0% total → 48.2% effective; 16.2% in EOAs, 80.0% in contracts; 3.8% 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
Security Checklist
as of audit · Oct 25Holders
as of audit · Oct 25, 2026- Contractstreasury, vesting, bridge, staking80.0%
- Walletsanonymous holders, free to sell16.2%
- Burnedout of circulation3.8%
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 Oct 25, 2026
Liquidity
as of audit · Oct 25The risk score reads depth across every pair.
Whether the LP tokens are locked could not be determined.
Security Findings
MediumCentralized Minting Control
The owner has the authority to increase the total supply of the token via the updateMintRate and release functions. This allows the owner to dilute the holdings of all existing token holders at their discretion.CP-01
Issue
The owner has the authority to increase the total supply of the token via the updateMintRate and release functions. This allows the owner to dilute the holdings of all existing token holders at their discretion.
Fix
Implement a timelock for minting operations or transition ownership to a DAO to ensure community oversight of supply changes.
Status
Unresolved
MediumCentralized Transfer Control
The owner can toggle the isPoolUnlocked switch via the lockPool and unlockPool functions. This allows the owner to unilaterally freeze or unfreeze token transfers, effectively controlling the liquidity of the token.CP-05
Issue
The owner can toggle the isPoolUnlocked switch via the lockPool and unlockPool functions. This allows the owner to unilaterally freeze or unfreeze token transfers, effectively controlling the liquidity of the token.
Fix
Remove the ability to pause transfers or restrict this functionality to a decentralized governance mechanism to prevent arbitrary censorship of user transactions.
Status
Unresolved
InfoWho holds the supply
The ten largest holders own 100.0% of supply. Of that, 3.8% burned — not holders that can sell, so excluded from the concentration score. What remains: 16.2% in wallets, 80.0% in other contracts. The deployer/owner wallet itself holds 16.2%. 2,080 holders in total.QA-HOLDERS
Issue
The ten largest holders own 100.0% of supply. Of that, 3.8% burned — not holders that can sell, so excluded from the concentration score. What remains: 16.2% in wallets, 80.0% in other contracts. The deployer/owner wallet itself holds 16.2%. 2,080 holders in total.
Fix
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Status
Acknowledged
InfoNot listed by any independent source
2,080 holders. Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.QA-IDENTITY
Issue
2,080 holders. Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.
Fix
Match the contract address against the project's official channels before trading.
Status
Acknowledged
InfoThe market for this token
Liquidity $460K (DexScreener, all pools). 24h trading volume $664K (DexScreener, all pools).QA-MARKET
Issue
Liquidity $460K (DexScreener, all pools). 24h trading volume $664K (DexScreener, all pools).
Fix
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Status
Acknowledged
InfoAsset class: Project token
A 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. Its name presents it as a stable-value coin, yet it trades at $0.9429 — it does not hold a peg. Basis: no class-specific evidence. Tokenomics — Supply: mintable with no on-chain cap found. Control: a ProxyAdmin contract. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $460K of DEX liquidity across 1 pools. Launch: under a day of market history.QA-PROFILE
Issue
A 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. Its name presents it as a stable-value coin, yet it trades at $0.9429 — it does not hold a peg. Basis: no class-specific evidence. Tokenomics — Supply: mintable with no on-chain cap found. Control: a ProxyAdmin contract. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $460K of DEX liquidity across 1 pools. Launch: under a day of market history.
Fix
Check the project's own documentation for what the token is used for; this report covers what the contract allows.
Status
Acknowledged
InfoRecently launched — less than a day of market history
The token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.QA-RECENT
Issue
The token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.
Fix
Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.
Status
Acknowledged
Analysis
AI Copilotas of audit · Oct 25The contract utilizes well-tested OpenZeppelin libraries for ERC-20 and governance features. 7.1 Architecture is modular, and 7.2 Code Security is high due to standard implementation patterns. 7.3 Access Control is strictly enforced via Ownable, though it creates a single point of failure. 7.8 Operations are straightforward with no complex external dependencies.
7.4 Economic and 7.5 Governance aspects are heavily centralized under the owner. The owner can unilaterally mint tokens and halt transfers, which directly impacts 7.4 Economic stability. These powers are transparently defined in the code but represent a significant trust requirement for users.
7.7 Upgrades are not supported as the contract is not a proxy. The logic is immutable, which provides security against unauthorized logic changes but prevents patching if a vulnerability is discovered. This is a standard trade-off for non-upgradable tokens.
To improve security, consider transitioning the ownership to a multi-signature wallet or a decentralized governance contract to mitigate the risk of a single compromised key.
Additionally, implementing a timelock on sensitive functions like updateMintRate would provide the community with visibility and time to react to significant economic changes. Ensure that all administrative actions are logged and monitored. Given the current centralization, users should be aware that the owner has the technical capability to influence token supply and liquidity access.
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.
- Oct 25, 202657Medium
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
Would You Like a More Detailed Audit of USDP?
This token is brand new. Run a deeper AI-powered analysis of the contract code — free and instant.
Get Detailed Audit Is this your token? Publish your own audit on this page