Is Enzyme a scam?
Asked about Enzyme (MLN), market cap rank #1605.
Short answer
Enzyme (MLN) has been scored on isthiscoinascam.com and has a high score, indicating low scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-06-07
Red flags raised
- 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
Positive signals
- Founded in 2017, indicating a longer operational history
- Offers infrastructure for tokenized finance, including Vault-As-A-Service and financial instruments
Security audits
1 audit on record.
- Not specified (Not available) — unknown
Team transparency
The Enzyme team is doxxed — public identities are known.
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