Is USO safe? United States Oil Fund, LP (Backpack Sec (USO) token check: mint authority, holders and liquidity
Observed: market Oct 24, 2026 · pools Oct 24, 2026 (deepest pool only, so liquidity may be understated) · on-chain authorities Oct 24, 2026 · largest holders Oct 24, 2026
Safety check0 / 6
The mint authority is still active. For tokenized assets this is a common design — supply changes as tokens are issued, bridged or redeemed — so check who controls it in the issuer's documentation.
A freeze authority is set. Regulated issuers of tokenized assets often keep it for compliance; it still means the holder can freeze this token in any wallet.
The ten largest accounts hold less than 60% of supply.
Only the deepest pool was available for this check, so the liquidity figure is a lower bound and no conclusion is drawn from this ratio.
No 30-day price history is available.
Only the deepest pool's trades were available for this check, so no conclusion is drawn about overall trading activity.
Summary
United States Oil Fund, LP (Backpack Sec (USO) is classified as a tokenized asset. Mint authority: still active; freeze authority: set; the top 10 accounts hold 54.6% of supply. None of the risk checks that apply to this kind of asset fired. That does not make it safe.
Liquidity ranks above 45% of tracked tokens.
Holder concentration is higher than 52% of tracked tokens.
30-day history
History builds up from the first day this token is tracked. The chart appears after a few daily snapshots.
Tokens with similar liquidity
FAQ
Can more USO be minted?
The mint authority for USO is held by its issuer, bridge or protocol. That is normal for this kind of asset: supply changes as tokens are issued, bridged or redeemed.
Can USO be frozen in my wallet?
Yes. A freeze authority is set, so its holder can freeze this token in any wallet and stop it being sold. Common for regulated stablecoins, but a clear risk for a meme token.
Where can I trade USO?
According to DexScreener, USO currently has liquidity in 1 pools; the deepest is on raydium. Always check the token address to avoid look-alike tokens.
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