Is Fluid a scam?
MEDIUM RISK · 38/100Fluid (FLUID) has an automated risk score of 38/100 — medium risk. Fluid is down 95% from its all-time high and is trading with very little liquidity relative to its size. That combination is common to abandoned and post-collapse tokens, but it also describes assets in a prolonged bear market — it is not evidence of any wrongdoing by anyone.
Automated assessment · updated 31 August 2026

Fluid
fluidMEDIUM$1.100
-8.06% (24h)
updating live price…
Risk Assessment
Risk Score
MEDIUM RISK
Driven primarily by drawdown from all-time high (25 of 25 points). Every contributing factor is itemised below.
measured 2026-08-31 · 7 factors evaluated
Here is what the public data shows about Fluid, ordered by how strongly each factor contributes to the score:
- Drawdown From All-Time High: Down 95% from its all-time high — among the deepest drawdowns we measure.
- Volume Anomaly: Very low volume (1.73% of MCap) — limited liquidity trap risk.
- Market Cap Risk: Market cap under $100M — moderate manipulation risk.
- Price Volatility: 8.1% swing in 24h — moderate volatility.
These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.
Why this asset is flagged as high-risk
The patterns below are automated, opinion-based observations from public market data. They describe statistical risk indicators — not proof of wrongdoing by any project or person.
Price is far below its all-time high while trading with very little liquidity — a pattern common to collapsed and dormant tokens, and also to assets in a long bear market
Risk Factor Breakdown
Each factor is scored independently and weighted to calculate the total risk score.
Drawdown From All-Time High
Price Action
25/25
100%
How far the price sits below its peak. Deep drawdowns are common to abandoned and post-collapse tokens, but also to assets in a prolonged bear market — on its own this measures price history, not conduct.
Volume Anomaly
Trading Signals
8/20
40%
Abnormal volume-to-market-cap ratio is the primary indicator of wash trading or liquidity traps
Market Cap Risk
Market Structure
3/15
20%
Small market caps can be trivially manipulated by a single large holder (whale)
Price Volatility
Price Action
2/15
13%
Extreme short-term price swings are a hallmark of coordinated pump-and-dump schemes
Not contributing (3): Supply Structure, On-Chain Holder Concentration, Transparency Gaps — 0 points.
Key Metrics
Protect Yourself
- • Never invest more than you can afford to lose entirely
- • Check token concentration — if top 10 wallets hold >50%, be cautious
- • Verify the team is public and doxxed
- • Read the smart contract audit before buying
- • Be wary of unrealistic APY promises
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Community Comments
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What the contract allows
Ethereum · measured 2026-09-13
Our contract source did not report on any of the 7 owner privileges we check for. What it did return for Fluid is below — treat the unreported checks as unknown, not as absent.
Contract is upgradeable (proxy)
The logic behind this token can be replaced after deployment. This is a standard pattern used by many established protocols; it means a review of today’s code does not bind tomorrow’s.
Not answered by our source: change any wallet balance, pause all transfers, blacklist wallets, mint new tokens, ownership can be reclaimed after renouncing, contract has a hidden owner, contract can self-destruct. Treat these as unknown, not as absent.
Source code: published and verified, so the deployed bytecode can be independently reviewed.
Contract analysis from GoPlus Labs · verify on-chain. An upgradeable contract can change after this reading.
How we counted holders here
Ten largest wallets
56.0%
including custodial
Largest private wallets
42.2%
after excluding 1
1 of Fluid’s ten largest holders is a labelled exchange, market-maker, treasury or vesting, liquidity-pool, staking, bridge, multisig or burn address — supply that is custodied, pooled or destroyed rather than sitting in one person’s wallet. Separating it out moves the top-10 figure by 13.8 points. We report the private-wallet figure because that is the supply someone can actually choose to sell today.
Wallets excluded from the top 10
| Address | Classified as | Label | Share |
|---|---|---|---|
| 0x2884…4d09 | Treasury, vesting or foundation | Instadapp · Instadapp: Treasury | 16.30% |
Classification applied to the 100 holder records returned for this contract; 95 remained after exclusions · measured 2026-08-31. Custodial wallets are identified by public address labels, so an unlabelled one may still be counted as private — this correction is a floor, not a guarantee.
Fluid holder-concentration history
7 daily measurements · +2.8 pts over the period
FraudCoins.com has measured the share of Fluid’s supply held by its top 10 non-exchange wallets on 7 days since 18 Jul 2026. The highest reading was 42.9% on 8 Aug 2026; the most recent reading is 42.2% on 31 Aug 2026.
Composite risk score (0–100)
Recorded measurements (7)
| Date measured | Top 10 hold | Flagged |
|---|---|---|
| 42.2% | No | |
| 42.2% | No | |
| 42.2% | No | |
| 42.2% | No | |
| 42.9% | No | |
| 39.3% | No | |
| 39.4% | No |
Each row is an automated measurement taken on the date shown, using public on-chain holder data with burn and labelled exchange, staking, bridge and liquidity wallets excluded. Historical readings describe what our model measured on that date — they are not statements about the project’s conduct then or now, and are not financial advice.
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Frequently asked questions about Fluid
Is Fluid a scam?
We do not allege that Fluid (FLUID) is a scam, and we have no evidence of wrongdoing by anyone associated with it. What we can tell you is what we measured: Its ten largest private wallets hold 42.2% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 38/100 on our automated scale, which we label medium risk. A high score means the asset has structural characteristics that have historically preceded losses — not that fraud has occurred. These are automated, opinion-based indicators from public market and on-chain data — not statements of fact, financial advice, or allegations of wrongdoing.
Why is Fluid flagged as medium risk?
Fluid's risk score is driven mainly by: drawdown from all-time high — Down 95% from its all-time high — among the deepest drawdowns we measure; volume anomaly — Very low volume (1.73% of MCap) — limited liquidity trap risk; market cap risk — Market cap under $100M — moderate manipulation risk.
Who controls Fluid's supply?
On-chain data shows the top 10 holders of Fluid hold 42.2% of the supply (burn and labelled exchange, staking and liquidity wallets excluded). This is shown for transparency and sits below our 50% manipulation-flag threshold.
Is Fluid safe to buy?
FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. Fluid scores 38/100 (medium risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.