The audit of the Token contract, an ERC-20 token, revealed a generally robust technical implementation leveraging OpenZeppelin's battle-tested libraries. The primary concern identified is the highly centralized initial distribution of the entire token supply to a single recipient, which poses significant economic and governance risks.
Early-stage security check — honeypot & rug-pull analysis
Is vAPI Network 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 audit of the Token contract, an ERC-20 token, revealed a generally robust technical implementation leveraging OpenZeppelin's battle-tested libraries.
Read the full analysis- Ownership status UNKNOWN
- Token age < 7 days
- 1 High finding(s) from audit
Exact factors
- Ownership status UNKNOWN (owner could not be resolved)
- Token age < 7 days (early, volatile)
- 1 High 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, staking31.8%
- Walletsanonymous holders, free to sell6.1%
- Everyone elsethe rest of the supply62.2%
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 locked or burned.
0x40ee…3abbNo privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.
Security Findings
HighCentralized Initial Supply Distribution
The Token contract's constructor mints the entire TOTAL_SUPPLY (100,000,000 tokens) to a single recipient address. This design choice results in a highly centralized initial distribution, granting the recipient complete control over the token supply. This centralization can lead to significant market manipulation risks, lack of decentralization, and potential single point of failure for the token's ecosystem.H-01
Issue
The Token contract's constructor mints the entire TOTAL_SUPPLY (100,000,000 tokens) to a single recipient address. This design choice results in a highly centralized initial distribution, granting the recipient complete control over the token supply. This centralization can lead to significant market manipulation risks, lack of decentralization, and potential single point of failure for the token's ecosystem.
Fix
If decentralization is a goal, consider implementing a more distributed initial supply mechanism. This could involve a vesting contract, a multi-signature wallet for the recipient, a public sale, or a phased distribution strategy. Clearly communicate the distribution strategy to stakeholders.
Status
Unresolved
InfoReliance on OpenZeppelin Libraries
The contract extensively utilizes battle-tested OpenZeppelin contracts (ERC20, ERC20Burnable, ERC20Permit). This is a strong security practice as these libraries are widely audited and maintained. However, it also means that any undiscovered vulnerability in the specific versions of the OpenZeppelin contracts used would directly impact this token.I-01
Issue
The contract extensively utilizes battle-tested OpenZeppelin contracts (ERC20, ERC20Burnable, ERC20Permit). This is a strong security practice as these libraries are widely audited and maintained. However, it also means that any undiscovered vulnerability in the specific versions of the OpenZeppelin contracts used would directly impact this token.
Fix
Regularly monitor OpenZeppelin security advisories and consider upgrading to newer versions of the libraries if critical vulnerabilities are patched. Ensure the exact versions of OpenZeppelin contracts used are pinned in the package.json or equivalent dependency management system.
Status
Unresolved
InfoImmutability of Token Parameters
The token's name, symbol, decimals (fixed at 18), and TOTAL_SUPPLY are set as constants or in the constructor and cannot be modified after deployment. While this provides predictability and transparency, it removes any flexibility for future adjustments, such as re-branding or supply modifications, which might be desired in some long-term project roadmaps.I-02
Issue
The token's name, symbol, decimals (fixed at 18), and TOTAL_SUPPLY are set as constants or in the constructor and cannot be modified after deployment. While this provides predictability and transparency, it removes any flexibility for future adjustments, such as re-branding or supply modifications, which might be desired in some long-term project roadmaps.
Fix
This is a design choice inherent to standard ERC-20 tokens. Ensure that the project's long-term vision aligns with these immutable parameters. If future flexibility is desired, an upgradeable token contract or a different tokenomics model would be required.
Status
Unresolved
InfoFixed Solidity Compiler Version
The contract specifies a fixed Solidity compiler version pragma solidity 0.8.35;. While this prevents unexpected behavior from future compiler changes, it might miss out on minor bug fixes or optimizations introduced in newer patch versions within the 0.8.x series.I-03
Issue
The contract specifies a fixed Solidity compiler version pragma solidity 0.8.35;. While this prevents unexpected behavior from future compiler changes, it might miss out on minor bug fixes or optimizations introduced in newer patch versions within the 0.8.x series.
Fix
Consider using a floating pragma (e.g., ^0.8.35) if minor patch updates are desired, or regularly review and update the fixed version to the latest stable patch within the major version if no breaking changes are introduced. Always test thoroughly after any compiler version change.
Status
Unresolved
Analysis
AI Copilotas of audit · Sep 4The contract demonstrates strong technical security by inheriting from OpenZeppelin's ERC20, ERC20Burnable, and ERC20Permit libraries, which are widely audited and considered secure (7.2 Code Security). Standard ERC20 functionalities like transfers, approvals, and burning are implemented correctly. The use of Solidity 0.8.35 ensures protection against integer overflows/underflows by default, except in explicitly unchecked blocks which are used appropriately within OZ logic. No reentrancy or other common technical vulnerabilities were found (7.2 Code Security).
The contract's economic model is straightforward, with a clearly defined TOTAL_SUPPLY and initial distribution mechanism (7.4 Economic). However, this model introduces a high centralization risk as the entire token supply is minted to a single recipient address during deployment. This grants the initial recipient complete control over the token's distribution and potential market influence, lacking any on-chain governance mechanisms (7.5 Governance) for broader community input.
The contract is not designed to be upgradeable, as indicated by is_proxy: false in the provided information (7.7 Upgrades). This eliminates upgrade-related risks such as proxy misconfigurations or logic inconsistencies between implementation versions. The immutability of the contract ensures predictable behavior post-deployment.
It is strongly recommended to carefully consider the implications of the highly centralized initial token distribution.
If a decentralized distribution is desired, mechanisms such as a vesting schedule, multi-signature wallet for the recipient, or a public sale contract should be explored to mitigate the risks associated with a single point of control. For future token designs, consider implementing a more distributed initial supply or incorporating governance features if broader community participation is intended.
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.
- Sep 4, 202617Low
- Sep 1, 202625Low
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
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