Is Polymath a scam?
Asked about Polymath (POLY), market cap rank #2399.
Short answer
Polymath (POLY) 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
- Not listed on any high-trust exchange
- No recent code commits
- 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
- Less than 50% of supply is circulating
- Very low on-chain liquidity
Positive signals
- Strong backing from reputable investors
- Comprehensive audits by CertiK
- Clear and detailed whitepaper
- Active and engaged community
- Transparent tokenomics
Security audits
2 audits on record.
- CertiK (2015-11-01) — pass
- CertiK (2018-11-01) — pass
Team transparency
The Polymath team is doxxed — public identities are known.
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