Is Mantle a scam?
LOW RISK · 25/100Mantle (MNT) has an automated risk score of 25/100 — low risk. No single factor dominates Mantle's assessment — the score reflects several converging measurements. Down 81% from its all-time high — a major sustained decline. Very low volume (1.65% of MCap) — limited liquidity trap risk.
Automated assessment · updated 31 August 2026
Mantle
mntLOW RISK$0.5460
-4.41% (24h)
updating live price…
Risk Assessment
Risk Score
LOW RISK
Driven primarily by drawdown from all-time high (14 of 25 points). Every contributing factor is itemised below.
measured 2026-08-31 · 7 factors evaluated
Here is what the public data shows about Mantle, ordered by how strongly each factor contributes to the score:
- Drawdown From All-Time High: Down 81% from its all-time high — a major sustained decline.
- Volume Anomaly: Very low volume (1.65% of MCap) — limited liquidity trap risk.
- Supply Structure: ~47% held off-market — moderate concentration/dilution risk.
These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.
Risk Factor Breakdown
Each factor is scored independently and weighted to calculate the total risk score.
Drawdown From All-Time High
Price Action
14/25
56%
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
Supply Structure
Tokenomics
3/20
15%
Free float (circulating vs total/max supply). A low float means both future dilution from locked reserves and concentration enabling single-hand price control (estimated; verified holder data is scored separately).
Not contributing (4): Market Cap Risk, Price Volatility, 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
Embed Risk Badge
Writing about this coin? Embed our live risk badge — it updates automatically with each daily scan.
Community Comments
Loading comments…
What the contract allows
Ethereum · measured 2026-09-12
Our contract source did not report on any of the 7 owner privileges we check for. What it did return for Mantle 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
87.0%
including custodial
Largest private wallets
42.6%
after excluding 1
1 of Mantle’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 44.4 points. We report the private-wallet figure because that is the supply someone can actually choose to sell today.
Most of Mantle’s supply therefore sits in the excluded addresses. Burned supply is permanently gone, but treasury, vesting and foundation holdings are excluded too, and those can still reach the market when they unlock — a low private-wallet figure is not the same as a low future sell-side risk.
Wallets excluded from the top 10
| Address | Classified as | Label | Share |
|---|---|---|---|
| 0x7860…b73d | Treasury, vesting or foundation | BitDAO: Treasury | 46.63% |
Classification applied to the 100 holder records returned for this contract; 91 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.
Mantle holder-concentration history
4 daily measurements · +0 pts over the period
FraudCoins.com has measured the share of Mantle’s supply held by its top 10 non-exchange wallets on 4 days since 18 Jul 2026. The highest reading was 42.6% on 18 Jul 2026; the most recent reading is 42.6% on 31 Aug 2026.
Composite risk score (0–100)
Recorded measurements (4)
| Date measured | Top 10 hold | Flagged |
|---|---|---|
| 42.6% | No | |
| 42.6% | No | |
| 42.6% | No | |
| 42.6% | 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.
Track Mantle and 1,200+ other assets
One email when any coin newly crosses our 50% top-10 holder-concentration threshold. No account needed.
Confirmed opt-in, unsubscribe in one click. We don’t sell your data — see our privacy policy.
Frequently asked questions about Mantle
Is Mantle a scam?
We do not allege that Mantle (MNT) 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 42.6% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 25/100 on our automated scale, which we label low 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 Mantle flagged as low risk?
Mantle's risk score is driven mainly by: drawdown from all-time high — Down 81% from its all-time high — a major sustained decline; volume anomaly — Very low volume (1.65% of MCap) — limited liquidity trap risk; supply structure — ~47% held off-market — moderate concentration/dilution risk.
Who controls Mantle's supply?
On-chain data shows the top 10 holders of Mantle hold 42.6% 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 Mantle safe to buy?
FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. Mantle scores 25/100 (low risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.