Is Aave SUSD v1 a scam?

Asked about Aave SUSD v1 (ASUSD).

Short answer

Aave SUSD v1 (ASUSD) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.

Source: isthiscoinascam.com · Updated 2026-05-19

Red flags raised

  • Team is anonymous
  • Contract owner is hidden
  • Token supply can be minted by the owner
  • No recent code commits
  • No hard cap on total token supply
  • Owner can change any wallet's balance
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Very low on-chain liquidity

Team transparency

The Aave SUSD v1 team is anonymous — public identities are not on record.

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