Is Parachute a scam?
Asked about Parachute (PAR), market cap rank #6740.
Short answer
Parachute (PAR) 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
- Team is anonymous
- Trading volume is near zero
- Not listed on any high-trust exchange
- No hard cap on total token supply
- A single wallet holds over 10% of supply
- Top 10 wallets hold more than 50% of supply
- Very low on-chain liquidity
Team transparency
The Parachute team is anonymous — public identities are not on record.
See the full report
Full report for Parachute — including the exact score, rating letter and full breakdown — requires a registered account.
Open the full Parachute report →