Wrapped IOTA
WIOTAProject Safety Score: 63%
Updated 3 days, 19 hours agoRisk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Bridge safety score 62 out of 100. On-chain records show 0 bridge incidents, which is a positive sign for operational history. However, the asset’s market cap tier is very small (market cap about $875,127), which can reduce liquidity buffers and increase the practical impact of any future issues for token holders. Overall, the score reflects a clean incident record but limited market scale.
Inherent crypto risk for Wrapped IOTA: because it’s a wrapped asset, your exposure depends on the underlying mechanics of wrapping and any associated smart-contract/bridge infrastructure, even if there have been no recorded incidents. Wrapped tokens can also face liquidity and price-tracking differences versus the underlying asset during market stress.
- ✓A verified Etherscan page exists for a token named “Wrapped IOTA (Centralized)” (wIOTA), but it does not clearly map to WIOTA using the provided contract address.
- ✓IOTA’s blog contains a general announcement about “wrapped IOTA” on Binance Smart Chain, indicating at least some official engagement with wrapped-token support (not WIOTA-specific).
- ✗No verifiable wrapper/bridge operator information was found that specifically matches the WIOTA contract/address you provided.
- ✗No WIOTA-specific audit reports were found (within the allowed auditor domains).
- ✗Many sources found were generic market/pages or community discussions and did not provide primary, WIOTA-specific technical documentation.