Is SMARDEX a scam?
Asked about SMARDEX (SDEX), market cap rank #1010.
Short answer
SMARDEX (SDEX) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.
Source: isthiscoinascam.com · Updated 2026-05-11
Red flags raised
- Team is anonymous
- 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
- Upgradable proxy
Team transparency
The SMARDEX team is anonymous — public identities are not on record.
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