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docs: correct the BONK root cause, add token-security bench feasibility - #2265

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Sep 5, 2026
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docs: correct the BONK root cause, add token-security bench feasibility#2265
Flotapponnier merged 1 commit into
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docs/serialized-audit-v12

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Two things.

Correction

v1.1 claimed the deep Orca pool was absent from Serialized's pool list. It is present, ranked second. The real defect is sharper: the ranking compares liquidityNative across different quote assets without converting to USD.

rank pair raw liquidity USD priceNative implied
1 Bonk/USDC 4,346.7 USDC $4,347 6.0867e-09 $6.32e-07
2 Bonk/SOL 728.7 SOL $75,679 3.1853e-08 $3.31e-06

Seven of eight pools agree at ~$3.31e-06; rank 1 is the lone outlier and /v1/token/price prices from it. A pool quoted in USDC beats a 17.4x deeper pool quoted in SOL purely because 4,346 > 728.

This propagates into security: lpBurnedPct, lpLockedPct and lpSource are properties of the selected pool.

New section 17, token-security bench feasibility

  • Cohort exists: six providers with a live security endpoint, four keyless.
  • Latency is publishable today: RugCheck 91 ms, GoPlus 249 ms, Serialized 306 ms, Mobula 5,240 ms p50 with a 30 s max. Our own product would be last by 17x. Worth weighing before shipping.
  • Three measured traps: tax fields agree 90-100% so they carry no signal; LP fields are semantically different across vendors and cannot share a column; coverage alone is gameable.
  • Retrospective backtest: 128 graduated tokens, 77 dead / 19 alive. Age confound ruled out (0.8 h vs 1.0 h). But both cohorts are ~1 h old, so "dead" means "never grew", not "rugged". A retrospective query cannot replace snapshot-at-mint plus resolve-later.
  • Which fields carry signal (n=70): top10HoldersPct 97% distinct values, usable. bundlersHoldingsPct bimodal with 13 tokens at exactly 100.0 tracking the dead group. devHoldingsPct only 30% distinct, 42 zeros plus a 79.31 template cluster, low power.
  • Cost: token/security 10 credits is affordable; audit/contract 750 credits is not benchmarkable at any useful cadence.

🤖 Generated with Claude Code

https://claude.ai/code/session_01CpArutAtXuBb1BVNUDXoYA

…en-security feasibility

The v1.1 text said the deep Orca pool was absent from their pool list.
It is present, ranked second. The real defect is that the ranking
compares liquidityNative across different quote assets without
converting to USD, so a $4,347 USDC-quoted pool outranks a $75,679
SOL-quoted one because 4,346 > 728. Seven of eight pools agree on the
price; rank 1 is the lone outlier and the token is priced from it.

Adds section 17: token-security bench feasibility, including the
provider cohort, a latency table where Mobula is last by 17x, three
measured design traps, a retrospective backtest and its limits, and
which fields actually carry signal.

Co-Authored-By: Claude Opus 5 (1M context) <noreply@anthropic.com>
Claude-Session: https://claude.ai/code/session_01CpArutAtXuBb1BVNUDXoYA
@Flotapponnier
Flotapponnier merged commit c0b19d1 into dev Sep 5, 2026
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Flotapponnier deleted the docs/serialized-audit-v12 branch September 5, 2026 18:57
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