Is Plasma Finance a scam?

Asked about Plasma Finance (PPAY), market cap rank #6190.

Short answer

Plasma Finance (PPAY) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-05-22

Red flags raised

  • Trading volume is near zero
  • Not listed on any high-trust exchange
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Top 10 wallets hold more than 70% of supply
  • Very low on-chain liquidity

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