Permanent Delegate is a Token-2022 extension that grants a specified account irrevocable authority over all token accounts for a given mint. The permanent delegate can transfer or burn tokens from any holder's account at any time.

Unlike standard SPL token delegates — which token holders can revoke — a permanent delegate cannot be revoked once set. This makes it a significant risk consideration for investors, as the token creator or designated authority can move tokens from any wallet.

Permanent Delegate is used legitimately in some cases — for example, in regulated asset tokenisation where authorities need seizure capability. However, it can also be abused by malicious projects and should be disclosed prominently in project documentation.