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On-chain security analysis — is it a scam or legit?

Is Zcash Safe?

ZECSolana
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 record
SummaryAI Copilot

This SPL token mint presents critical risks due to an unrevoked mint authority, allowing for unlimited token creation and potential dilution of all holders.

Read the full analysis
What raised the score
  • Mintable supply — no cap found, dilution unbounded
  • Top-10 concentration > 30%
  • LP lock status UNKNOWN — the pool's LP could not be read
  • 1 Critical finding(s) from audit
  • 1 Low finding(s) from audit
Exact factors
  • Mintable supply — no cap found, dilution unbounded
  • Top-10 concentration > 30% (32.9% total → 32.9% effective; 32.9% in EOAs, 0.0% in contracts — moderate)
  • LP lock status UNKNOWN — the pool's LP could not be read
  • 1 Critical 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

Security Checklist

as of audit · Sep 224 of 6 checks passed
Contract verifiedVerified
MintMintable
Liquidity lockUnknown
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Sep 22, 2026
32.9%Top 10 holders67.1%Everyone else
32.9%Top 10 holders67.1%Everyone else
Top 10 holdersEveryone elseBubble area = share of supply
32.9%of supply sits with the top 10 holders
  • Top 10 holdersthe ten largest balances32.9%
  • Everyone elsethe rest of the supply67.1%

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

Liquidity

as of audit · Sep 22$7.94M across 30 pairs
LP tokensUnknown

Whether the LP tokens are locked could not be determined.

Analysed pool$3.07MShare of depth38.6%

Security Findings

1 Critical1 Low
Critical

Mint Authority Not Revoked

The mint authority is FvULaw…NYds. The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.C-01

Issue

The mint authority is . The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.

Fix

Verify on-chain that the mint authority is set to null before treating supply as fixed.

Status

Unresolved

Low

Mutable Metadata

Token name, symbol, or image can be changed post-launch.L-01

Issue

Token name, symbol, or image can be changed post-launch.

Fix

Verify metadata against off-chain expectations before trusting branding.

Status

Unresolved

Analysis

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

This SPL token mint presents critical risks due to an unrevoked mint authority, allowing for unlimited token creation and potential dilution of all holders. Additionally, the token's metadata is mutable, enabling changes to its name, symbol, or image post-launch. Holder distribution data from chain-native RPC was unavailable, but a third-party registry provided top 10 holder concentration.

Technical6/10Medium risk

The Zcash (ZEC) token is implemented using the classic spl-token program. A critical finding is the active mint authority at , which retains the power to mint new tokens. The freeze authority has been revoked, preventing any entity from freezing holder accounts. The token has a supply of 8,885,362,694,112 raw units with 8 decimals, and no Token-2022 extensions like permanent delegate, transfer hook, or default account state frozen are active. Balance mutability is also disabled.

Governance6/10Medium risk

The token exhibits healthy liquidity with $2,932,779 in total DEX liquidity and a 24-hour volume of $7,131,284. The volume-to-liquidity ratio is 2.43, which is considered normal and does not suggest wash trading. The DEX pair has been active for 312 days, indicating a reasonable track record. Holder concentration shows the top 10 accounts hold 37.34% of the supply, which is below thresholds for high concentration risk.

Upgrades5/10Medium risk

The mint authority remains active at , allowing for potential changes to the token's supply. The freeze authority has been revoked, which is a positive security measure. However, the token's metadata is mutable, meaning its name, symbol, or image can be altered post-launch. No Token-2022 specific upgradeability flags for transfer fees or transfer hooks are enabled.

Final RecommendationWhat to do about this score

Before interacting with this token, verify the current status of the mint authority on-chain to confirm it has been revoked, which would prevent further token issuance.

Monitor the token's metadata for any unexpected changes to its branding. Understand that while the freeze authority is revoked, the active mint authority introduces a significant risk of supply dilution.

Contract & Record

2 audits on record
TypeSPL Token v3
NetworkSolana
Token age10mo
ContractA7bdiY…QXaS
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Audit History
  1. Sep 22, 202641Medium
  2. Sep 4, 202663Medium
  3. Sep 1, 202651Medium

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

Frequently Asked Questions

What is the ZEC contract address?

The Zcash (ZEC) contract on Solana is A7bdiYdS5GjqGFtxf17ppRHtDKPkkRqbKtR27dxvQXaS. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.

Is Zcash a scam?

Quantum Audit's risk score for Zcash is 41/100 (Medium risk) as of Sep 22, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Mint: Mintable; 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 ZEC?

As of Sep 22, 2026, the 10 largest holders own 32.9% of the supply. The Holders section on this page shows who they are by holder type.

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