Coinsult Audit Finds No Critical Issues in FOBO
FOBO's smart contracts, used for tokens launched on fobo.fun, were audited and two medium-severity findings were resolved within 24 hours.
Updated on Nov. 2, 2026 in Investing
Coinsult completed a smart contract audit of FOBO's contracts on October 30, 2026, reporting zero critical, two medium, nine low and eight informational issues. The FOBO team resolved the two medium findings within 24 hours by changing the contracts, adding a FoboFactoryGate and a TimelockController for governance.
Why it matters
The audit covers all tokens launched on fobo.fun, including the $FOBO token, on Robinhood Chain, a network that has drawn scrutiny over earlier memecoin launches tied to coordinated funding activity. Independent review of contract code gives investors a basis for assessing risk in tokens launched through the platform.
Coinsult's audit tallied 0 critical, 2 medium, 9 low and 8 informational issues, with the two medium findings fixed within 24 hours. The extraction does not say whether the nine low and eight informational findings have been resolved.
The players
Coinsult
Coinsult is a smart contract auditing firm that performed the manual review of FOBO's contracts.
FOBO
FOBO is a launchpad on Robinhood Chain that lets users launch tokens on fobo.fun, with its own $FOBO token.
The details
FOBO uses a Uniswap v4 hook that locks all liquidity into an immutable position, and its timelock applies a 48-hour delay to governance actions and buyback funds. Supported quote assets include ETH, $FOBO, USDG and select stock tokens, and the platform runs on Robinhood Chain, an Ethereum Layer 2 network built on Arbitrum.
Timeline
July 1, 2026: Robinhood Chain went live.
October 30, 2026: Coinsult completed its manual review of FOBO's contracts.
Within 24 hours of the audit: FOBO resolved the two medium-severity findings.
November 2, 2026: FOBO announced the audit result on X.
Market Dynamics
The audit follows earlier memecoin launches on Robinhood Chain, which drew scrutiny over coordinated funding activity. Third-party contract review is one way platforms on the network are responding to that scrutiny.
Investors considering tokens launched on fobo.fun can check the Coinsult audit for the reviewed contract issues and the fixes applied. The 48-hour timelock on governance and buyback funds sets a delay before changes take effect.
The takeaway
Before investing in a newly launched token, check whether its contracts have been independently audited and how any findings were resolved. Pay attention to timelock delays, since they determine how quickly a team can change governance settings or move buyback funds.
Further reading
For more on how investors evaluate tokens and platforms, see the Investing section.
