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Is Wrapped BTC (Wormhole) Safe?

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Wrapped BTC (Wormhole) WBTC
3NZ9JM…qmJh
Solana
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 2 audits on record
Executive SummaryAI Copilot

The Wrapped BTC (Wormhole) token mint presents a critical risk due to an unrevoked mint authority, which allows for the creation of an unlimited supply of new tokens. Additionally, there is a medium risk from high holder concentration, with the top 10 accounts holding 69.96% of the supply. Third-party risk registry data and holder distribution data were partially unavailable.

1 Critical1 Medium1 Low
Volume 24h
$9.15M
Liquidity
$1.73M
Price
$86120.6200
Token Age
2y
Top 10 Holders
69.1%

Security Findings

Critical

Mint Authority Not Revoked

C-01The mint authority is BCD75R…YMV7. The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.
IssueThe mint authority is . The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.
FixVerify on-chain that the mint authority is set to null before treating supply as fixed.
StatusUnresolved
Medium

Holder Concentration > 50%

M-01Top 10 token accounts hold 69.96% of supply.
IssueTop 10 token accounts hold 69.96% of supply.
FixAccount for the potential impact of large holder movements on price stability.
StatusUnresolved
Low

Mutable Metadata

L-01Token name, symbol, or image can be changed post-launch.
IssueToken name, symbol, or image can be changed post-launch.
FixVerify metadata against off-chain expectations before trusting branding.
StatusUnresolved

Category Ratings

TechnicalMedium6/10

The token is an SPL Token Program v3 mint with 8 decimals and a current supply of 244,830,393,163 raw units. A critical risk exists as the mint authority, , is not revoked, enabling the creation of new tokens (7.3 Access Control). The freeze authority is revoked, preventing freezing of accounts. No balance mutability or default frozen state is active.

GovernanceMedium4/10

The token exhibits a medium risk due to holder concentration, with the top 10 token accounts holding 69.96% of the total supply (7.4 Economic). This concentration could lead to significant price volatility from large sell-offs. Liquidity is healthy at $1,300,143, with a normal 24-hour volume to liquidity ratio of 4.25, indicating no immediate wash trading signals. The pair has been active for 1035 days, providing a long track record.

UpgradesMedium4/10

The token's metadata is mutable, meaning its name, symbol, or image can be altered post-launch (7.7 Upgrades). The mint authority remains active, which is a critical risk as described in the technical section. The freeze authority has been revoked, ensuring accounts cannot be frozen. This token is a classic SPL v3 token and does not utilize Token-2022 extensions like permanent delegates or transfer hooks.

Security Checklist

Contract VerifiedPass
No Mint FunctionFail
Liquidity LockedFail
Not a ProxyPass
HoneypotNoneBuy Tax0.0%Sell Tax0.0%

Liquidity Depth

Show 4 more pairsShow less

The 20 remaining pairs hold $221.8K between them and are not listed.

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.

What Raised This Score

  • Mintable supply — no cap found, dilution unbounded
  • Top-10 concentration > 50% (69.1% total → 69.1% effective; 69.1% in EOAs, 0.0% in contracts — heavy)
  • Liquidity NOT locked (owner can withdraw — rug-pull risk)
  • 1 Critical finding(s) from audit
  • 1 Medium finding(s) from audit
  • 1 Low 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

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