Is Instadapp ETH v2 a scam?

Asked about Instadapp ETH v2 (IETH V2).

Short answer

Instadapp ETH v2 (IETH V2) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

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

Red flags raised

  • No hard cap on total token supply
  • A single wallet holds over 10% of supply
  • Upgradable proxy
  • Very low on-chain liquidity

Positive signals

  • High contract security with no identified vulnerabilities
  • Active GitHub repository with regular updates
  • Established presence on multiple social media platforms

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