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CASE FILE 01 / SOLANA

SOUVENIR’s LP was burned. Who controls the supply?

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Rug.Tools recorded a full burn of the measured LP in one PumpSwap pool and found over half of SOUVENIR’s supply in a single account. Here’s what the two findings tell us.

At a glance

RUG.TOOLS SNAPSHOT

Start with the pool

The market listing for this mint identifies the referenced pool as SOUVENIR/WBTC on PumpSwap. The pool matters because Rug.Tools tied its LP reading to that specific market. An LP token represents a claim on pool reserves. Burning the measured LP position concerns that claim, while holders' SOUVENIR balances are tracked separately.

View the SOUVENIR/WBTC pool on DEX Screener ↗ · Cross-check the mint and pool listing ↗

What Rug.Tools found

In its , Rug.Tools reported that 100% of the measured LP was burned for that pool. It also reported 52.08% of SOUVENIR supply in one account, which it classified as program custody. The saved SOUVENIR analysis on Rug.Tools is the source for both percentages. The market listing corroborates the pool identity.

The account appears off-curve on Solscan. That helps explain why the account deserves a closer look. Its purpose and who can move its tokens were unverified in the snapshot. Rug.Tools also flagged the evidence as stale, rated confidence low, and left launch-wallet balances unverified. Both figures should be read as observations from that snapshot.

Inspect the referenced account on Solscan ↗

The question the burn leaves open

The LP reading answers a narrow question about the measured pool position. The supply figure raises a separate one. Who can move the tokens in that account, and under what rules? The report leaves that question open, which is why the two observations belong side by side.

SOUVENIR mint address

5wSQpQfbdSKs7amvyxa2XTzWXNyionERZWdDWykYm1At