Is Api3 a scam?
Asked about Api3 (API3), market cap rank #546.
Short answer
Api3 (API3) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.
Source: isthiscoinascam.com · Updated 2026-06-07
Red flags raised
- Team is anonymous
- Token supply can be minted by the owner
- No recent code commits
- No hard cap on total token supply
- A single wallet holds over 10% of supply
- Top 10 wallets hold more than 50% of supply
- Top 10 wallets hold more than 70% of supply
Positive signals
- Audit conducted by CertiK with findings acknowledged and resolved
- Active community engagement on social media platforms
- Transparent governance through API3DAO
Security audits
1 audit on record.
- CertiK (2023-02-07) — pass
Team transparency
The Api3 team is anonymous — public identities are not on record.
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