Early-stage security check — honeypot & rug-pull analysis
The DERC20 contract is a standard ERC-20 token with additional governance and vesting capabilities.
Read the full analysisEach 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
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 22, 2026
The risk score reads depth across every pair.
Whether the LP tokens are locked could not be determined.
The owner has the ability to trigger minting functions (updateMintRate, release), which can increase the total supply of the token. This allows the owner to dilute the holdings of all other users at will.
Implement a multi-signature requirement or a timelock for all minting-related functions to prevent unilateral supply changes.
Unresolved
The owner can toggle the isPoolUnlocked switch via lockPool and unlockPool functions. This effectively allows the owner to freeze or unfreeze token transfers for the entire protocol, creating a significant censorship risk.
Remove the ability to arbitrarily freeze transfers or move this functionality to a decentralized governance mechanism.
Unresolved
The ten largest holders own 100.0% of supply. Of that, 3.7% 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%. 3,010 holders in total.
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Acknowledged
3,010 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.
Match the contract address against the project's official channels before trading.
Acknowledged
Liquidity $50K (DexScreener, all pools). 24h trading volume $47K (DexScreener, all pools).
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Acknowledged
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. 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: $50K of DEX liquidity across 1 pools. Launch: under a day of market history.
Check the project's own documentation for what the token is used for; this report covers what the contract allows.
Acknowledged
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.
Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.
Acknowledged
The DERC20 contract is a standard ERC-20 token with additional governance and vesting capabilities. The architecture relies on a centralized owner to manage inflation and transfer restrictions. While the code follows standard OpenZeppelin patterns, the high degree of administrative control presents a significant centralization risk to token holders.
The contract utilizes well-audited OpenZeppelin libraries for core ERC-20 and governance functionality. 7.1 Architecture is modular, and 7.2 Code Security is high due to standard implementations. However, 7.3 Access Control is overly permissive, granting the owner total authority over token supply and transferability. 7.6 External interactions are minimal, reducing the attack surface for flash loan or reentrancy exploits.
7.4 Economic and 7.5 Governance aspects are heavily centralized. The owner can unilaterally mint tokens via updateMintRate, impacting 7.4 Economic stability. 7.5 Governance is non-existent for the owner, as all critical parameters are hard-coded to require the owner's signature. This creates a single point of failure for the protocol's economic policy.
7.7 Upgrades are not supported as the contract is not a proxy. 7.8 Operations are straightforward, relying on standard ownership patterns. The lack of upgradeability ensures code immutability but prevents rapid response to potential future vulnerabilities.
To improve security, transition ownership to a multi-signature wallet or a decentralized governance contract (DAO).
This would mitigate the risk of a single compromised key unilaterally altering the token supply or freezing transfers. Additionally, consider implementing a timelock for all privileged functions. A delay of 24-48 hours on functions like updateMintRate would provide the community with transparency and the ability to react to significant economic changes.
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
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
