Is 1INCH a scam?
Asked about 1INCH (1INCH), market cap rank #275.
Short answer
1INCH (1INCH) has been scored on isthiscoinascam.com and has a high score, indicating low scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-06-07
Red flags raised
- Token supply can be minted by the owner
- No recent code commits
- Public scam allegations have been raised
- A single wallet holds over 10% of supply
- Top 10 wallets hold more than 50% of supply
Positive signals
- 1inch publishes security-related whitepapers (risk management and security) and states its smart contracts have been audited by multiple firms. ([help.1inch.com](https://help.1inch.com/en/articles/4585088-how-secure-is-1inch?utm_source=openai))
- OpenZeppelin published multiple audit writeups related to 1inch protocol components. ([openzeppelin.com](https://www.openzeppelin.com/news/1inch-limit-order-protocol-audit/?utm_source=openai))
Security audits
4 audits on record.
- OpenZeppelin — unknown
- OpenZeppelin — unknown
- OpenZeppelin — unknown
- ConsenSys Diligence (2022-08) — unknown
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