
SPY
State Street SPDR S&P 500 ETF Trust - Backpack SecuritiesOGOther tokens using the ticker SPY on Solana · 30





Healthy, not fully confirmed
How much of the verification rubric we could actually evaluate. Unknown data never counts as safe.
State Street SPDR S&P 500 ETF Trust - Backpack Securities ($SPY) on Solana has been trading for 2 min via Raydium / Orca / Meteora (exchange).
Dove Trust Score 66/100: Promising (confidence 97%).
Strengths: Not flagged as rugged. $109.8K of liquidity. Independently verified by: CoinGecko (state-street-spdr-s-p-500-etf-trust-backpack-securities).
Concerns: Mint Authority still enabled; Permanent Control Enabled; Freeze Authority still enabled; Top 10 holders high ownership Creator can mint unlimited new tokens and dilute holders. Accepted as governance design for an established, CoinGecko-listed asset. Top 10 wallets hold 97% of supply. Expected for an established asset (treasuries, vesting, exchanges).
Not yet verifiable: Liquidity locked / burned.
Mostly healthy signals, but not enough independent confirmation to call it verified. Review the open items below.
- Independent analyser findings medMint Authority still enabled; Permanent Control Enabled; Freeze Authority still enabled; Top 10 holders high ownership
- Mint authorityCreator can mint unlimited new tokens and dilute holders. Accepted as governance design for an established, CoinGecko-listed asset.
- Freeze authorityCreator can freeze any holder's tokens. Accepted as governance design for an established, CoinGecko-listed asset.
- Market ageBrand new: 2 minutes old. No track record yet.
- Top-10 concentrationTop 10 wallets hold 97% of supply. Expected for an established asset (treasuries, vesting, exchanges).
- Largest holderLargest wallet holds 50.1%.
- Official websiteNo official website linked.
Verification report
Last verified 10 hours ago · Sources: geckoterminal, dexscreener, jupiter · Automated analysis, not financial advice. How scoring works