Is Pyth USDC a scam?

Asked about Pyth USDC (PYTHUSDC), market cap rank #3003.

Short answer

Pyth USDC (PYTHUSDC) 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
  • No hard cap on total token supply
  • Slippage modifiable

Positive signals

  • Audit identified only one low-severity finding; no critical issues found
  • Re7 Labs has been active in DeFi since 2019, deploying over $100 million in assets

Security audits

1 audit on record.

  • Zellic (2022-05-16) — pass

Team transparency

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

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