Contract Audit
The Contract Audit section evaluates the security of a token’s smart contract by analyzing key parameters that indicate potential risks, vulnerabilities, or manipulation opportunities. A higher contract security score suggests a safer and more immutable token contract.
Analyzing smart contract security parameters to detect potential risks
Contract Security Parameter Weighting
Each smart contract is assessed based on multiple security parameters to determine resistance to exploits and malicious changes. These parameters contribute to the overall contract audit risk score.
Key Contract Security Parameters:
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Mint Authority Revoked
- Ensures that no new tokens can be minted after deployment.
- Prevents inflation or unexpected supply increases, protecting token value.
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Freeze Authority Disabled
- Prevents any entity from freezing token transfers.
- Ensures uninterrupted trading, reducing risks of sudden liquidity lock-ups.
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Transfer Fee Disabled
- Confirms that transactions do not include unexpected fees.
- Prevents hidden tax mechanisms that could reduce trading profitability.
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Metadata Immutable
- Ensures that key token metadata (name, symbol, URI, etc.) cannot be altered.
- Prevents deceptive changes after launch (e.g., renaming a scam token to mimic a reputable project).
Why Contract Security Matters
- Reduces risks of contract-level exploits (e.g., minting more tokens unexpectedly).
- Prevents unexpected transaction fees that could drain investor funds.
- Ensures transparency by locking metadata and preventing manipulation.
By analyzing these contract security parameters, your agent ensures that high-risk tokens are avoided, making informed decisions to safeguard your portfolio.