Is Reflexer Ungovernance a scam?

Asked about Reflexer Ungovernance (FLX), market cap rank #3025.

Short answer

Reflexer Ungovernance (FLX) 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
  • Contract owner is hidden
  • Token supply can be minted by the owner
  • 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
  • Transfers can be paused by the owner
  • Very low on-chain liquidity

Positive signals

  • High security rating (84%)
  • High code and team rating (97%)
  • High documentation rating (81%)
  • High testing rating (65%)
  • High decentralization rating (66%)

Security audits

1 audit on record.

  • Cyberscope (2025-12-01) — pass

Team transparency

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

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