| Risk factor | Finding | Evidence | Date |
|---|---|---|---|
| Sellable | Yes | Transfer simulation | 12 Oct 2026 |
| Buy tax | 0% | Contract | 12 Oct 2026 |
| Sell tax | 0% | Contract | 12 Oct 2026 |
| Admin mint | Enabled | Contract | 12 Oct 2026 |
| Transfers pausable | Not present | Contract | 12 Oct 2026 |
| Address blacklist | Not present | Contract | 12 Oct 2026 |
| Upgradeable proxy | No | Contract | 12 Oct 2026 |
| Source verified | Yes | Block explorer | 12 Oct 2026 |
| Top-10 holders | 67.4% | Holder distribution | 12 Oct 2026 |
| Liquidity locked | No | LP holders | 12 Oct 2026 |
| Holders | 73756 | Token contract | 12 Oct 2026 |
| Deployed by | 0x196e6d…f4af62 |
| Current owner | 0x8119ec…456ee1 |
| Holders | 73,756 |
| Rank | Address | Share |
|---|---|---|
| #1 · contract | 0x4f30a9…170210 | 22.54% |
| #2 · contract | 0x999999…664144 | 11.12% |
| #3 · contract | 0x8119ec…456ee1 | 7.02% |
| #4 | 0xf97781…41acec | 6.67% |
| #5 · contract | 0x399be6…22ec9a | 5.73% |
This automated check scored PENDLE 12 out of 18 on contract mechanics. A few points are worth translating into plain terms. The contract allows the owner to mint new tokens at will, which means the total supply is not fixed and new tokens could be created and introduced at any time, potentially affecting the value of tokens already held. Transfer simulation found the token sellable on the date of the check, with no buy or sell tax detected, and no transfer-pausing or address-blacklisting functions were found in the contract — meaning the code does not currently contain a mechanism to freeze transfers or block specific wallets from trading. The contract is not an upgradeable proxy, so its core logic cannot be swapped out after deployment, and the source code is verified on the block explorer, which allows anyone to read what the contract actually does. On the less favourable side, the top 10 holders control 67.4% of supply, a concentration level where large wallets moving funds could affect price significantly, and the liquidity backing the token is not locked, meaning it could in principle be withdrawn from the pool by whoever controls it.
It's important to be clear about what this check does not do. It only reads the contract's code and on-chain data as they existed at the time of the scan. It says nothing about who is behind the project, whether the team has a track record, how the token's economics are designed to function over time, whether any legal entity stands behind it, or what the people controlling the admin functions intend to do with them. A clean reading on contract mechanics does not mean the people running the project are trustworthy, and flagged items do not mean wrongdoing is occurring — they describe technical capabilities that exist in the code, not actions that have been taken.
Before deciding anything, it's worth looking at who holds the minting and ownership keys — whether they sit with a single wallet, a multisig, or a timelocked contract — since that materially changes how the mint function could be used. Checking whether the project has published any audit reports, reviewing the liquidity pool directly on a block explorer to see who the LP tokens belong to, and looking at the project's own documentation and community channels for how supply and governance are meant to work would all add useful context. Cross-referencing holder addresses and recent large transfers can also help gauge whether concentration is tied to exchanges, treasury wallets, or individual holders.
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.