Is WanSwap [OLD] a scam?
Asked about WanSwap [OLD] (WASP), market cap rank #7189.
Short answer
WanSwap [OLD] (WASP) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-05-09
Red flags raised
- Team is anonymous
- Trading volume is near zero
- Not listed on any high-trust exchange
- Very low on-chain liquidity
- Whitepaper low
Positive signals
- An independent smart contract audit exists (HAECHI AUDIT) and reports zero critical issues.
- Published WASP distribution claims include a stated 'NO team reserves, NO investors, and NO pre-mining' with the majority allocated to liquidity mining and a smaller portion to community treasury (as described in the Medium post).
Security audits
1 audit on record.
- HAECHI AUDIT (2021) — issues_resolved
Team transparency
The WanSwap [OLD] team is anonymous — public identities are not on record.
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