Tenex ($TENEX)

Revoked. Supply is fixed forever.

Why it matters: An open mint authority lets the creator print new supply at any time, diluting every holder. Revoked means the supply is fixed for good.

Revoked. Wallets cannot be frozen.

Why it matters: A freeze authority can lock any wallet's tokens so they can't be sold. Revoked means no one can stop you from selling.

Revoked. Name, symbol, and image are permanent.

Why it matters: With metadata authority the creator can rename or rebrand the token after you buy, a common way to impersonate another project.

Token-2022 mint with no risky extensions: no permanent delegate, transfer hook, transfer fee or pause.

Why it matters: Token-2022 mints can carry a permanent delegate, a transfer hook, a pause switch or a transfer fee. Each is a lever over holders that the mint and freeze checks never see.

During the first 10 seconds, observed top-10 concentration reached 9.9% of supply at launch; the largest-wallet share reached 9.4%. These are peaks at transaction boundaries, not a sum of purchases. Identified reserves, burn accounts and the published Mayhem agent are excluded. The history stays even if those wallets sell or transfer their tokens inside that window or later. It does not prove shared ownership, a bundle or fraud, and does not measure their holdings today. The published Mayhem agent is excluded; unidentified program-controlled positions remain included; no position is attributed to the creator without evidence.

Why it matters: A small group can acquire a large share at launch and sell into later buyers. Current holders may look dispersed after those sales. We retain the early top-10 and largest-wallet shares separately from current distribution. Concentration is a risk signal, not proof of a bundle or fraud; this context changes the graduated-token verdict without adding or subtracting points, and contributes up to 15 points in the separate bonding score.

24h volume is 1.3x market cap on a 118.9h old pool, in line with organic trading.

Why it matters: 24h volume is weighed against market cap and pool age. Extreme turnover followed by a sharp price drop is the shape of a pump-and-dump.

Trading on the bonding curve: 55.4% filled, measured by tokens sold from its original real reserve. This is not a probability of graduation or a safety score. Not scored.

Why it matters: Progress measures tokens sold out of the original curve reserve, read from the creation event and current curve account. It does not measure the probability of graduation, the number of independent buyers or safety. The concentration check supplies that separate context.

Not checked. This bounded assessment does not scan the creator’s previous tokens or certify their reputation.

Why it matters: Not checked by this bounded scan. A clean authority or holder check does not establish creator reputation.

Checked once the token is trading. Before that the creator normally holds the supply.

Why it matters: We trace who first funded each top holder. Several holders funded from one source usually means one person spread the supply across wallets to look distributed.

Trading on the bonding curve. No AMM pool or LP lock has been verified yet.

Why it matters: Burned or permanently locked LP can't be withdrawn. If whoever holds the LP can pull it, holders are left with nothing to sell into: the classic rug.