Is Amp a scam?
Asked about Amp (AMP), market cap rank #389.
Short answer
Amp (AMP) has been scored on isthiscoinascam.com and has a high score, indicating low scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-05-25
Red flags raised
- Token supply can be minted by the owner
- A single wallet holds over 10% of supply
- Top 10 wallets hold more than 50% of supply
Positive signals
- Two independent smart contract audits reported (ConsenSys Diligence and Trail of Bits) with zero critical issues reported by Amp documentation.
Security audits
2 audits on record.
- ConsenSys Diligence (2020-06) — pass
- Trail of Bits (2020-08) — issues_resolved
Team transparency
The Amp team is doxxed — public identities are known.
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