Is Flare a scam?
Asked about Flare (FLR), market cap rank #90.
Short answer
Flare (FLR) is rated CCC on isthiscoinascam.com. This is a moderate score — some risk signals were raised but no critical concerns.
Source: isthiscoinascam.com · Updated 2026-06-07
Red flags raised
- No recent code commits
- No hard cap on total token supply
Positive signals
- 81% of total supply is in circulation, indicating significant distribution
- High-quality whitepaper available, detailing tokenomics and project vision
Security audits
6 audits on record.
- Zellic (2026-04-01) — pass
- Zellic (2026-04-01) — pass
- Zellic (2026-02-01) — pass
- Zellic (2025-11-01) — pass
- OpenZeppelin (2026-01-01) — pass
- Zellic (2025-11-01) — pass
Team transparency
The Flare team is anonymous — public identities are not on record.
See the full report
Live price, contract security details, holder distribution, audit list, founder background and community ratings.
Open the full Flare report →