Fundly Docs
  • 1️⃣START HERE
    • 1️⃣Project Overview
    • 2️⃣Official Links
    • 3️⃣Official Team
    • 4️⃣Trusted by
    • 5️⃣Reviews & Testimonials
    • 6️⃣FAQs
  • 2️⃣ESCROW BASED CROWDFUNDING PLATFORM
    • 1️⃣Token Pre-Sale
    • 2️⃣NFT Pre-Sale
    • 3️⃣Physical Products Sale
    • 4️⃣NFT Launchpad
  • 3️⃣NFT MARKETPLACE
    • 1️⃣Project Overview
  • 4️⃣WEB 3.0 TOOLS
    • 1️⃣Basic Tools
      • 1️⃣Revoke Freeze Authority
      • 2️⃣Revoke Update Authority
      • 3️⃣Revoke Mint Authority
      • 4️⃣Metadata Update
      • 5️⃣Snapshot Tools
      • 6️⃣Burn NFTs/Tokens
    • 2️⃣Normal Tools
      • 1️⃣SPL Token Creator
      • 2️⃣Mass Airdrop
      • 3️⃣Claim Site Creator
      • 4️⃣Liquidity Adder/Remover
      • 5️⃣Solana Wrapper
    • 3️⃣Premium Tools
      • 1️⃣Liquidity Pool Creator
      • 2️⃣Vesting Creator
      • 3️⃣Staking Creator
      • 4️⃣Auction Creator
      • 5️⃣Raffle Creator
      • 6️⃣Token Trading Interface
    • 4️⃣Bonus Tools
      • 1️⃣OpenBook Market Creator
      • 2️⃣Art & Metadata Generator
      • 3️⃣Send NFT Message
  • 5️⃣REWARDS
    • 1️⃣FUNDLY BADGES
    • 2️⃣TASK TO EARN
    • 3️⃣INVITE TO EARN
    • 4️⃣FEES STRUCTURES
Powered by GitBook
On this page
  • Why Use the Revoke Update Authority Tool?
  • 1. Ensure True Token Decentralization
  • 2. Increase Investor Confidence
  • 3. Improve Token Credibility for Exchange Listings
  • 4. Prevent Fraud & Manipulation Risks
  • 5. Align with True DeFi & Web3 Principles
  • What Happens Before & After Revoking Update Authority?
  • Before Revoking Update Authority
  • After Revoking Update Authority
  • How to Use the Revoke Update Authority Tool on Fundly
  • Step 1: Connect Your Wallet
  • Step 2: Select the Revoke Update Authority Tool
  • Step 3: Confirm the Revocation
  • Step 4: Approve the Transaction
  • Step 5: Verify the Changes
  • Important Considerations Before Revoking Update Authority
  • Use Cases for the Revoke Update Authority Tool
  1. WEB 3.0 TOOLS
  2. Basic Tools

Revoke Update Authority

Secure & Decentralize SPL Tokens on Solana

The Revoke Update Authority Tool on Fundly is a powerful Web3 utility designed to permanently remove the update authority from an SPL token on the Solana blockchain. The update authority gives the token creator or an admin the ability to modify important parameters of the token, such as metadata, supply settings, and token configurations.

While this feature can be useful during early development, retaining the update authority can introduce centralization risks. With Fundly’s Revoke Update Authority Tool, token issuers can permanently remove this control, ensuring that no one—including the original creator—can make further modifications. This step is crucial for decentralization, investor trust, and exchange listings, as it guarantees that the token’s settings cannot be altered after launch.

Why Use the Revoke Update Authority Tool?

1. Ensure True Token Decentralization

  • Once update authority is revoked, no further changes can be made to the token.

  • Prevents unauthorized modifications that could affect investors or market stability.

2. Increase Investor Confidence

  • Investors feel safer when they know the token’s parameters cannot be altered arbitrarily.

  • Eliminates developer control over key token properties, making it more trustworthy.

3. Improve Token Credibility for Exchange Listings

  • Many centralized and decentralized exchanges (CEXs & DEXs) require tokens to have no update authority.

  • Enhances the token’s market legitimacy and long-term viability.

4. Prevent Fraud & Manipulation Risks

  • Once revoked, no entity can change the token’s metadata, supply, or attributes.

  • Prevents malicious updates that could impact the token’s value or usability.

5. Align with True DeFi & Web3 Principles

  • Revoking update authority ensures on-chain immutability and transparency.

  • Essential for community-governed tokens, DAOs, and decentralized ecosystems.

What Happens Before & After Revoking Update Authority?

Before Revoking Update Authority

The token creator (admin) has control over the following actions: ✅ Modify token metadata, such as name, symbol, and description. ✅ Change update authority to another admin or smart contract. ✅ Modify additional token settings that could affect trading or user trust.

After Revoking Update Authority

🚫 No one—including the creator—can modify the token’s metadata, attributes, or supply settings. 🚫 The token becomes immutable, ensuring 100% decentralization and security.

Once update authority is revoked, the token is permanently locked and unchangeable, reinforcing trust and stability in the ecosystem.

How to Use the Revoke Update Authority Tool on Fundly

Step 1: Connect Your Wallet

  • Click "Connect Wallet" and select a Solana-compatible wallet (e.g., Phantom, Solflare).

Step 2: Select the Revoke Update Authority Tool

  • Navigate to the Revoke Update Authority section.

  • Enter the SPL Token Address of the token you want to modify.

Step 3: Confirm the Revocation

  • Carefully review the token details before proceeding.

  • Click "Revoke Update Authority" to initiate the transaction.

Step 4: Approve the Transaction

  • Your Solana wallet will prompt you to approve the transaction.

  • Confirm the transaction, and the update authority will be permanently removed.

Step 5: Verify the Changes

  • After successful execution, you can check on-chain records to confirm that the update authority has been revoked.

  • The token will now be fully decentralized, and no future updates can be made.

Important Considerations Before Revoking Update Authority

🔹 This action is irreversible—once revoked, you can never reassign the update authority. 🔹 Ensure that all necessary modifications (e.g., metadata updates, token branding) are completed before revocation. 🔹 Recommended for tokens meant to be fully decentralized and immutable.

Use Cases for the Revoke Update Authority Tool

🔹 Decentralized Tokens & DAOs

  • Essential for DAO-governed tokens to ensure full community ownership.

  • Prevents any centralized control over token settings.

🔹 DeFi & Staking Platforms

  • Ensures that stakers and liquidity providers cannot have unexpected token changes.

  • Ideal for staking pools and farming strategies where immutability is needed.

🔹 Exchange Listings & Market Legitimacy

  • Many CEXs & DEXs require token immutability before listing.

  • Boosts token credibility and trading security.

🔹 Trust & Transparency for Investors

  • Investors are more likely to trust and invest in a token when they know it cannot be changed after launch.

  • Reduces risks of unexpected updates or hidden control mechanisms.

Fundly’s Revoke Update Authority Tool is a critical Web3 utility for ensuring SPL token decentralization, boosting investor trust, and aligning with DeFi standards. By revoking the update authority of an SPL token, project owners can eliminate centralized control, enhance token legitimacy, and create an immutable asset on the Solana blockchain.

Whether you are a DeFi project, DAO, staking platform, or independent token issuer, this tool is an essential step toward full decentralization. With fast execution, minimal fees, and full on-chain transparency, Fundly makes it easy to secure and lock SPL tokens on Solana—permanently. 🚀

PreviousRevoke Freeze AuthorityNextRevoke Mint Authority

Last updated 2 months ago

Visit .

4️⃣
1️⃣
2️⃣
solfundly.com/tools