Glossary

Update authority

Also written or said as: update auth, metadata authority, mutable metadata

A power to change a coin's name, picture and links after launch.

If it is still active, the team can swap the logo to copy a famous coin, or point the website at a scam page, after you buy. pump.fun gives it up for its coins at launch. Wallets and checkers show whether a token's details can still be changed.