| Risk factor | Finding | Evidence | Date |
|---|---|---|---|
| Sellable | Yes | ChainSift simulation | 29 Oct 2026 |
| Buy tax | 0% | Contract | 29 Oct 2026 |
| Sell tax | 0% | Contract | 29 Oct 2026 |
| Admin mint | Enabled | Implementation code | 29 Oct 2026 |
| Transfers pausable | Not found | Implementation code | 29 Oct 2026 |
| Address blacklist | Not found | Implementation code | 29 Oct 2026 |
| Upgradeable proxy | Yes — a timelock with a 1-day delay can replace the code | Proxy contract | 29 Oct 2026 |
| Source verified | Yes | Block explorer | 29 Oct 2026 |
| Top-10 holders | 86.7% | Holder distribution | 29 Oct 2026 |
| Liquidity locked | No | LP holders | 29 Oct 2026 |
| Holders | 30712 | Token contract | 29 Oct 2026 |
| Deployed by | 0xc22de5…00bb9f |
| Code can be replaced by | 0x65331f…0a447f — a timelock with a 1-day delay |
| Current code | 0xcd368c…8e685c |
| Holders | 30,712 |
| Rank | Address | Share |
|---|---|---|
| #1 · contract | 0x78605d…7db73d | 46.63% |
| #2 | 0x8ed5b6…0ba3eb | 7.46% |
| #3 | 0xe46620…54f243 | 5.74% |
| #4 · contract | 0xc54cb2…15a8fb | 5.64% |
| #5 | 0x8859eb…251e66 | 5.63% |
This automated check scored MNT 10 out of 18 on contract mechanics, and a few findings are worth translating into plain terms. The contract includes an admin mint function, which means whoever controls that role can create new tokens beyond the current supply — this doesn't happen automatically, but the capability exists in the code. The contract is also an upgradeable proxy, protected by a one-day timelock. This means the underlying logic of the contract — including how transfers, minting, or any other function works — can be replaced after a 24-hour delay, which offers some advance warning but does not prevent changes from being made. No pause function or address blacklist was found in the implementation code as of this check, meaning the ability to freeze transfers or block specific wallets was not detected. Buy and sell tax are both 0%, and the simulation indicates the token is sellable, so no honeypot behaviour was detected on the date of this check. Liquidity is not locked, meaning whoever supplied the trading liquidity could withdraw it. Top-10 wallets hold 86.7% of supply, a concentration level that means a small number of addresses could materially affect the market if they sold.
It's important to be clear about what this check does not cover. It reads contract code and on-chain data only — it does not evaluate who is behind the project, whether the team's intentions are sound, how tokens are allocated or vested, whether there's a working product, or whether any legal or regulatory structure applies. A verified source and a clean mechanical scan say nothing about the people running the mint key or the timelock, and this check does not assess trust, reputation, or intent in any way. The score reflects what the contract's code allows, not what anyone plans to do with it.
Given that, it's worth looking further before treating this as a complete picture. Check who controls the admin mint and timelock addresses — whether they belong to a multisig, a DAO, or a single wallet — since Mantle is a known network token and this information is often publicly documented. Look at how the top-10 holder addresses are labelled, since large balances held by exchanges or bridges read differently from large balances held by unknown individual wallets. Review the liquidity situation across the exchanges where MNT trades, since an unlocked LP matters more or less depending on where and how deep that liquidity sits. Finally, consult the project's own documentation and any independent audits for context on the mint function and upgrade history, since this check only reflects what was detectable in the contract on the day it was run.
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.