Is Synthetix a scam?
Asked about Synthetix (SNX), market cap rank #244.
Short answer
Synthetix (SNX) is rated BBB on isthiscoinascam.com. This is a high score, indicating low scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-09-16
Red flags raised
- Team is anonymous
- 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
Team transparency
The Synthetix team is anonymous — public identities are not on record.
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