Is Nano a scam?

Asked about Nano (XNO), market cap rank #436.

Short answer

Nano (XNO) 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

  • Low economic security
  • Very low L1 trading volume

Positive signals

  • Published security audit report for Nano node/protocol code (Red4Sec) available from Nano content domain.
  • Published protocol documentation describing distribution and units in detail, including supply ending in full circulation after faucet closure and burning remaining funds. (See Nano documentation distribution page.)

Security audits

1 audit on record.

  • Red4Sec — pass

Team transparency

The Nano team is doxxed — public identities are known.

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