| Risk factor | Finding | Evidence | Date |
|---|---|---|---|
| Sellable | Yes | ChainSift simulation | 25 Oct 2026 |
| Buy tax | 0% | Contract | 25 Oct 2026 |
| Sell tax | 0% | Contract | 25 Oct 2026 |
| Admin mint | Enabled | Implementation code | 25 Oct 2026 |
| Transfers pausable | Not found | Implementation code | 25 Oct 2026 |
| Address blacklist | Not found | Implementation code | 25 Oct 2026 |
| Upgradeable proxy | Yes — another contract can replace the code | Proxy contract | 25 Oct 2026 |
| Source verified | Yes | Block explorer | 25 Oct 2026 |
| Top-10 holders | 23.7% | Holder distribution | 25 Oct 2026 |
| Liquidity locked | No | LP holders | 25 Oct 2026 |
| Holders | 16901 | Token contract | 25 Oct 2026 |
| Deployed by | 0xeb2201…df9f51 |
| Code can be replaced by | 0x3ee18b…8fa585 — another contract |
| Current code | 0x0fd04a…554ee6 |
| Holders | 16,901 |
| Rank | Address | Share |
|---|---|---|
| #1 | 0xeb2201…df9f51 | 8.28% |
| #2 · contract | 0x403b1b…f299ea | 3.71% |
| #3 · contract | 0x719eba…8e395e | 2.32% |
| #4 · contract | 0xd24994…790726 | 1.63% |
| #5 | 0x88e23c…cf7b0e | 1.63% |
This automated check scanned the Bonk contract on Ethereum and scored it 14 out of 18 on mechanics it could detect as of the check date. A few of the findings are worth translating into plain terms. The contract allows the owner to mint new tokens at will, which means the circulating supply is not fixed and could be increased, potentially diluting existing holders. The contract is also an upgradeable proxy, which means the address you're interacting with can have its underlying code swapped out entirely by whoever controls the upgrade function — in practice, this means every other finding in this report, including the absence of a blacklist or pause function today, could change tomorrow without you doing anything. Liquidity is not locked, meaning whoever holds the liquidity pool tokens could withdraw them, which would make it difficult or impossible to sell. On the positive side, no transfer-pausing or address-blacklisting function was found in the implementation code at the time of the check, the simulation found the token sellable with no buy or sell tax, and the source code is verified on the block explorer, meaning the code is at least readable. Holder concentration is moderate, with the top 10 wallets controlling 23.8% of supply across roughly 16,900 holders.
It's important to be clear about what this check does not cover. This is an automated read of contract code and on-chain data only — it has not been reviewed by a person. It says nothing about who is behind the project, whether the team has a history of delivering on past projects, how the tokenomics are structured beyond raw mint and tax mechanics, whether there are legal entities or regulatory registrations attached, or what the stated intentions of the deployer are. A contract can score well on mechanics and still be deployed by people with no intention of maintaining it, and a contract with concerning flags isn't necessarily being operated with bad intent. Mechanics and intent are separate questions, and this tool only answers the first.
Before putting money in, you'd want to look at who controls the owner/admin wallet and whether it's a multisig or a single key, check whether the upgrade authority is time-locked or controlled by a governance process, look at the liquidity pool directly to see who holds the LP tokens and in what size, and research the team's identity and track record independently. Cross-checking holder distribution over time, rather than as a single snapshot, can also show whether concentration is increasing or decreasing.
Contracts change after they are checked. Tell us where to reach you and we will say when this one does. Free for three contracts, no account.
We checked 18 points out of 100.
The other 82 are where money is usually lost: who the team is, where the tokens sit, what the documents actually say, and what the project chose not to put on its front page.