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Security & Anti-Rug Design

Thor Exchange is designed so that the classic ways token launches hurt people are structurally impossible, not just discouraged. These guarantees are properties of the contracts themselves — all of which are source-verified on Blockscout so you can check every claim below yourself.

Every token launched on Thor:

  • Has a fixed supply of 1B — there is no mint function in the contract at all.
  • Has no owner and no admin functions — no pause, no blacklist, no fee switch, no upgrade hook. The creator’s only special status is fee rights, which never touch token behavior.
  • Gives the creator zero free tokens — any creator position is bought on the open curve like everyone else’s.
  • The ETH in a bonding curve is held by the protocol contract, not the creator. It can only leave through sells (to the sellers) or graduation (into locked liquidity).
  • Every curve uses identical, hardcoded parameters — no launch can have secretly different math.
  • At graduation, the migration is atomic: pool creation, liquidity deposit, and locking happen in one transaction that either fully succeeds or fully reverts.
  • The migrated LP position is held by a lock vault with no withdrawal function. Nobody — creator, team, or future owner of anything — can pull that liquidity. Ever.
  • The 70/30 fee split is hardcoded in the vault; fee collection can move fees only to the fee-rights holder and treasury, never the principal.
  • The DEX is a faithful port of Uniswap V3 — among the most battle-tested AMM designs in existence, securing billions of dollars for years.
  • Flash loans are disabled and fee tiers are frozen at 0.05% / 0.30% / 1.00%.
  • The protocol is guarded with reentrancy protection on all state-mutating entry points.

Smart contracts can never be entirely risk-free, and nothing here is financial advice. The guarantees above eliminate specific structural risks (rug pulls, supply inflation, admin abuse) — they cannot eliminate market risk. Tokens can still go to zero the honest way. Trade accordingly.