Is aelf a scam?

Asked about aelf (ELF), market cap rank #438.

Short answer

aelf (ELF) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-06-08

Red flags raised

  • Low economic security
  • No recent code commits

Positive signals

  • Multiple security audits are referenced by aelf documentation; CertiK shows at least one audit entry for AElfToken.sol with last audit delivered 8/14/2021.
  • aelf documentation describes ELF as used for governance via node elections (ELF equals one vote), and notes bridging to Ethereum and BNB Smart Chain.

Security audits

1 audit on record.

  • CertiK (2021-08) — ongoing

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