Is Onchain Yield Coin a scam?
Asked about Onchain Yield Coin (ONYC), market cap rank #200.
Short answer
Onchain Yield Coin (ONYC) is rated DANGER on isthiscoinascam.com. This is a low score, indicating elevated scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-05-24
Red flags raised
- Stablecoin has depegged from its target
Positive signals
- Licensed platform with regulatory approvals in Bermuda.
- High-quality whitepaper detailing tokenomics and security measures.
- Positive media coverage highlighting innovative approach to DeFi.
- Experienced founder with prior projects in reinsurance and blockchain.
- Comprehensive audit confirming smart contract security and compliance.
Security audits
1 audit on record.
- OnRe (2025-06-15) — pass
Team transparency
The Onchain Yield Coin team is doxxed — public identities are known.
See the full report
Live price, contract security details, holder distribution, audit list, founder background and community ratings.
Open the full Onchain Yield Coin report →