XAUt On-Chain Risk Check

Tether Gold · Ethereum · 0x68749665ff8d2d112fa859aa293f07a622782f38
10 / 18 On-chain Check
Checked 20 Oct 2026. On-chain Check, 18 of the 100-point ChainSift Score — what it covers.

Evidence

Risk factorFindingEvidenceDate
Sellable Yes ChainSift simulation 20 Oct 2026
Buy tax 0% Contract 20 Oct 2026
Sell tax 0% Contract 20 Oct 2026
Admin mint Enabled Implementation code 20 Oct 2026
Transfers pausable Not found Implementation code 20 Oct 2026
Address blacklist Enabled Implementation code 20 Oct 2026
Upgradeable proxy Yes — another contract can replace the code Proxy contract 20 Oct 2026
Source verified Yes Block explorer 20 Oct 2026
Top-10 holders 57.7% Holder distribution 20 Oct 2026
Liquidity locked No LP holders 20 Oct 2026
Holders 63405 Token contract 20 Oct 2026

This contract — XAUt

Deployed by0x341a38…ed07ff
Code can be replaced by0xc6cde7…1ea828 — another contract
Current code0x4c0d2c…f9e566
Holders63,405

Largest holders

RankAddressShare
#1 0x73f17d…3ac32e 18.02%
#2 0x575428…07b949 11.84%
#3 0x785f04…4eff76 4.93%
#4 0xf9b356…098057 4.62%
#5 0x79ee72…d7b74f 4.40%

What this means

This automated check scored XAUt 10 out of 18 on contract mechanics, and each finding points to a specific capability rather than a verdict on the token itself. The contract's admin can mint new supply, which means the total number of tokens in circulation can be increased at the owner's discretion, potentially affecting existing holders' share of that supply. The contract also supports blacklisting, meaning specific wallet addresses can be blocked from transacting with the token if the admin chooses to do so. It is built as an upgradeable proxy, which is a significant structural point: the underlying code governing all of these behaviours, including mint and blacklist functions, can be swapped out by the contract owner at a later date without holders needing to approve the change. Buy and sell taxes were both found to be 0%, and no honeypot behaviour was detected in ChainSift's simulation — the token was sellable at the time of the check. Liquidity was found to not be locked, meaning whoever supplied the trading pool could withdraw it. Holder concentration is notable, with the top 10 addresses controlling 57.7% of supply. The contract source code is verified on the block explorer, which allows anyone to read the logic being described here.

What this check does not tell you is just as important. It reads contract mechanics only — it has no view into who operates the project, how token supply is intended to be used over time, whether any legal entity stands behind it, or what the stated purpose and roadmap are. A token can score well on mechanics while still carrying risk from concentrated control, opaque governance, or business practices that no automated scan can see. Nothing here assesses the intent of the people or entity behind the contract, and nothing here should be read as a judgement of them.

Before putting money in, it's worth looking directly at who holds the admin and upgrade keys for this contract — whether that's a single wallet, a multisig, or a named custodian — since that address effectively controls the mint, blacklist and upgrade functions described above. It's also worth checking whether the project publishes independent reserve attestations or audits, given this token is marketed as backed by a physical asset, and reading the terms under which the issuer can freeze or seize tokens. Reviewing the liquidity pool directly on-chain to see who holds the LP position, and checking for any public statements from the issuer about mint history and upgrade changes, would also add useful context this check does not cover.

Team, tokenomics and legal structure are not assessed here — that is the other 82 points of the ChainSift Score. How this check works and what it misses.

Watch this contract

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We send one confirmation message and nothing else until something changes.

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.

Related guides

Contract data read from GoPlus Security and the Ethereum block explorer. Upgrade rights, the functions of the current code and the trade simulation are read by ChainSift directly from Ethereum — our data source doesn't analyse upgradeable contracts. Scores are calculated by fixed rules from that data — no language model decides them. Last updated 20 Oct 2026. A check describes a contract on the date shown; contracts can be changed afterwards.