Nillion

Liquidity and market dynamics score 73 out of 100 (BBB). Trading volume is strong relative to market cap (Vol/MCap of 230.93%), with deep 24h volume of $74,390,399. Exchange listing data is broad, showing presence on 23 exchanges (17 green, 6 yellow, 0 red). A key flag here is “volume exceeds mcap,” which can indicate periods where trading activity runs ahead of measured valuation, though overall liquidity conditions remain solid.

Team credibility score 90 out of 100 (AA). The asset is 5.3 years old (asset age score 91), and public documentation quality is rated high (whitepaper quality 100). The deployer address is recorded (deployer known 70), which supports basic provenance checks. However, no audit data is available and the agent could not determine whether team members are doxxed.

Social and behavioral score 67 out of 100 (BB). Audience signals show Twitter (linked) with limited follower data and Telegram with 10,670 followers. Sentiment is positive overall at 69% up versus 31% down. Risk screening shows 0 allegations, but there is 1 bad press item and 1 incident, with 0 regulatory flags. No enrichment record was available for additional context.

Contract mechanics score 95 out of 100 (AAA). Public records show at least one contract verified, the token is classified as having no honeypot behavior (100), and the codebase is open source (100). Minting is disabled (mint authority 100), owner privileges and balance manipulation checks score 100, and trading tax is 0% for buys and sells. The main trade-off is the proxy upgradable design (proxy upgradable 60) and the absence of a hard supply cap (supply cap defined 50), which aligns with potential inflation risk.

Holder distribution score 52 out of 100 (CCC). Concentration is moderate-to-high: top 10 wallets hold 62.6% of supply (top10 concentration 61), while top 50 wallets hold 88.8% (top50 concentration 34). The largest non-filtered wallet holds 15.6% (largest holder 55), and there are 3,086 total holders (holder count). Flags also include “top10above50” and “singlewalletover_10pct,” indicating some centralization risk.

Inherent crypto risk for Nillion (smartcontracttoken) remains: despite strong contract safety mechanics and strong liquidity, the lack of a hard supply cap combined with an upgradable proxy structure can increase uncertainty about future behavior, and the holder concentration suggests supply may be sensitive to activity from a smaller set of addresses.