0xSniff

MAGIKARP on Base

Verdict: risky.

Liquidity was under half of the scan on a follow-up. MAGIKARP is a StonkToken ERC-20 deployed via a launcher contract. The source is verified and the token itself is a plain ERC-20 with no blacklist, pause, fee-setting, or proxy upgrade. The automated scan flagged a mint function, but in the source code _mint is only called once in the constructor to send the full supply to the launcher - there is no exposed public mint. Liquidity is thin at roughly $33k, so slippage and rug risk are real concerns.

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