Mezo USD (MUSD)

Summary

Some warning signs. Read them before you buy.

• Can mint new tokens
• Top 10 wallets hold 97% of the supply
• Has an owner
• One wallet holds 95%
• Hard to exit: a few sells would crash the price

• Code cannot change

Not checked: The sell test has not run yet · Source code is not checked · Whether the liquidity is locked · When the token launched

Every check

• Code cannot change. Not an upgradeable proxy: the token code is fixed.
• Has an owner. 0x98d8…7c7a controls the owner-only functions below.
• Can mint new tokens. The contract has a mint function: the owner can print more supply.
• Liquidity in v3/v4 positions. This pool uses Uniswap position NFTs; lock status cannot be read like a v2 pool.
• No description or project links. We found no description, website or social links for this token. Not a risk on its own, but it gives buyers less to check.

Progress

2026-11-09: caution 69 → 2026-11-10: caution 40

How it can improve

• Can mint new tokens: Revoke the mint authority so nobody can print more tokens. On Solana: spl-token authorize <MINT> mint --disable. On EVM chains, renounce the role that can mint.
• Top 10 wallets hold 97% of the supply: Spread the supply: avoid big single wallets, and lock team tokens in vesting.
• Has an owner: Renounce ownership, or move it to a multisig with a public timelock if the team still needs it.
• Hard to exit: a few sells would crash the price: Add liquidity and spread the supply, so a few sells can not crash the price.