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Is waalmaeng a Scam?

MAENGSolana
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 →
Last checked Sep 22, 2026 · 2 audits on recordNew Launch · 2h old
SummaryAI Copilot

The waalmaeng token mint has successfully revoked both mint and freeze authorities, ensuring a fixed supply and preventing account freezing.

Read the full analysis
What raised the score
  • Top-10 concentration > 70%
  • LP lock status UNKNOWN — the pool's LP could not be read
  • Liquidity < $10k
  • Token age < 24h
  • 1 Medium finding(s) from audit
Exact factors
  • Top-10 concentration > 70% (95.0% total → 95.0% effective; 95.0% in EOAs, 0.0% in contracts — extreme)
  • LP lock status UNKNOWN — the pool's LP could not be read
  • Liquidity < $10k ($2,994 across 1 pairs — easily drained)
  • Token age < 24h (brand new — bot activity, unproven)
  • 1 Medium 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

Early-stage analysis. This token has limited on-chain history (2h old). New tokens carry elevated risk — data may change rapidly. Always verify independently before investing.

Security Checklist

as of audit · Sep 225 of 6 checks passed
Contract verifiedVerified
MintNo mint
Liquidity lockUnknown
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Sep 22, 2026
95.0%Top 10 holders5.0%
95.0%Top 10 holders5.0%
Top 10 holdersEveryone elseBubble area = share of supply
95.0%of supply sits with the top 10 holders
  • Top 10 holdersthe ten largest balances95.0%
  • Everyone elsethe rest of the supply5.0%

Holder balances as recorded by the audit of Sep 22, 2026

Liquidity

as of audit · Sep 22$3.0K

The risk score reads depth across every pair.

LP tokensUnknown

Whether the LP tokens are locked could not be determined.

Analysed pool$3.0KShare of depth100.0%

Security Findings

1 Medium
Medium

Very New Pair

DEX pair was created 0 days ago. Insufficient track record to assess team or holder behaviour.M-01

Issue

DEX pair was created 0 days ago. Insufficient track record to assess team or holder behaviour.

Fix

Monitor the token's market activity and holder behavior over an extended period to establish a track record.

Status

Unresolved

Analysis

AI Copilotas of audit · Sep 22
Executive SummaryWhat the contract is and what the review found

The waalmaeng token mint has successfully revoked both mint and freeze authorities, ensuring a fixed supply and preventing account freezing. However, the DEX pair is extremely new, having been created 0 days ago, which introduces significant uncertainty regarding market behavior and project stability. Holder distribution data was unavailable from chain-native RPC, preventing a full assessment of centralization risks.

Technical8/10Low risk

The waalmaeng token is an SPL Token-2022 mint. Both the mint authority and freeze authority have been revoked, which means no new tokens can be minted and no existing accounts can be frozen. It does not utilize a transfer hook, nor is the default account state frozen. The token also lacks balance mutability and metadata mutability, indicating fixed properties and no hidden transfer mechanisms.

Governance1/10High risk

The token exhibits a top 10 holder concentration of 20.91%, which does not indicate excessive centralization. Current DEX liquidity stands at $39,279, with a 24-hour volume of $449,417, resulting in a Volume/Liquidity ratio of 11.44. A significant concern is the pair age, which is 0 days, indicating a very recent launch with no established trading history (7.4 Economic).

Upgrades8/10Low risk

The token mint has revoked its mint and freeze authorities, preventing future changes to supply or account freeze status. It is an SPL Token-2022, but does not have a transfer hook or default frozen account state. Metadata is immutable, ensuring that the token's name, symbol, and image cannot be altered post-launch (7.7 Upgrades).

Final RecommendationWhat to do about this score

Given the extremely recent launch of the DEX pair (0 days old), it is crucial for potential holders to exercise caution and monitor the token's market behavior closely over the coming weeks.

Observe trading patterns, liquidity depth, and holder distribution evolution to assess stability and community engagement. Verify on-chain that the mint and freeze authorities remain revoked to ensure supply and account control are fixed, as indicated by the current state.

Contract & Record

2 audits on record
TypeSPL Token-2022
NetworkSolana
Token age2h
Contract4Pu3iy…pump
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Audit History
  1. Sep 22, 202654Medium
  2. Sep 4, 2026100Critical
  3. Sep 3, 202656Medium

Score changes are recorded as dated snapshots — history is append-only and cannot be edited.

Frequently Asked Questions

What is the MAENG contract address?

The waalmaeng (MAENG) contract on Solana is 4Pu3iy2JVbHhiW4QreYDjceQVhWbgGMb5Ravf7Bapump. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.

Is waalmaeng a scam?

Quantum Audit's risk score for waalmaeng is 54/100 (Medium risk) as of Sep 22, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Mint: No mint; Upgradeability: Fixed code; Honeypot: None found; Buy / sell tax: 0% / 0%. A score is a dated snapshot of those facts, not a guarantee; each one is listed on this page.

Who holds MAENG?

As of Sep 22, 2026, the 10 largest holders own 95.0% of the supply. The Holders section on this page shows who they are by holder type.

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