Is Polymarket a scam?

Asked about Polymarket (POLY).

Short answer

Polymarket (POLY) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.

Source: isthiscoinascam.com · Updated 2026-05-08

Red flags raised

  • Team is anonymous
  • No hard cap on total token supply

Team transparency

The Polymarket team is anonymous — public identities are not on record.

See the full report

Full report for Polymarket — including the exact score, rating letter and full breakdown — requires a registered account.

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