| Risk factor | Finding | Evidence | Date |
|---|---|---|---|
| Sellable | Yes | ChainSift simulation | 19 Oct 2026 |
| Buy tax | 0% | Contract | 19 Oct 2026 |
| Sell tax | 0% | Contract | 19 Oct 2026 |
| Admin mint | Enabled | Implementation code | 19 Oct 2026 |
| Transfers pausable | Not found | Implementation code | 19 Oct 2026 |
| Address blacklist | Not found | Implementation code | 19 Oct 2026 |
| Upgradeable proxy | Yes — accounts on its authorised list can replace the code | Proxy contract | 19 Oct 2026 |
| Source verified | Yes | Block explorer | 19 Oct 2026 |
| Top-10 holders | 93.8% | Holder distribution | 19 Oct 2026 |
| Liquidity locked | No | LP holders | 19 Oct 2026 |
| Holders | 17799 | Token contract | 19 Oct 2026 |
| Deployed by | 0x4ec216…a0cfb8 |
| Code can be replaced by | Accounts on its authorised list |
| Current code | 0x1923df…df4102 |
| Holders | 17,799 |
| Rank | Address | Share |
|---|---|---|
| #1 · contract | 0xa3931d…c27fbd | 71.02% |
| #2 · contract | 0x173e31…79f3af | 8.16% |
| #3 · contract | 0xc02ab1…364359 | 5.79% |
| #4 · contract | 0x99cd4e…01eeb9 | 2.63% |
| #5 · contract | 0x4e4148…75c86a | 1.96% |
This automated check scored USDS 9 out of 18 on contract mechanics, and a few findings are worth translating into plain terms. The contract allows admin minting, meaning whoever controls the owner address can create new tokens at will, which can affect the total supply and dilute existing holders. It also sits behind an upgradeable proxy, which means the accounts on its authorised list can swap out the underlying code entirely — in practice this means any protections or limits described here, including the absence of a blacklist or pause function today, could be changed at a later date without holders' consent. No pausable-transfer or blacklist function was detected in the implementation code as it stands on the date of this check, and a simulated sell completed successfully with 0% buy and sell tax. Holder concentration is high: the top 10 addresses hold 93.5% of supply, which means a small number of wallets could materially affect the market if they moved funds. Liquidity is not locked, so funds backing any trading pool could be withdrawn by whoever controls it. The contract source is verified on the block explorer, meaning the published code can be read and cross-checked by anyone.
It's important to be clear about what this check does not do. This is an automated read of the contract's mechanics as deployed on-chain at the time of the check — it does not assess who is behind the project, whether the team's identity is known or credible, how the token's economics are designed to function over time, whether any legal or regulatory structure exists around it, or what the owner's intentions are. A token can score well on mechanics and still carry risks tied to team conduct, business model, or external promises, none of which show up in this kind of check.
Before putting money into USDS, it would be worth looking into who controls the owner and admin addresses, and whether that control sits with a multisig, a DAO, or a single private key. It's also worth checking whether the proxy's authorised list is published, how liquidity is managed if it isn't locked, and what independent commentary or audits exist on the project separate from this check. Reviewing the token's stated purpose, its issuer (if any), and where it's listed or discussed outside of on-chain data would also help build a fuller picture before any decision is made.
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.