Is SoFiUSD (SOFID) a scam?

KoinLens has found no automated red flags marking SoFiUSD (SOFID) as a scam. It scores 51/100 (Stablecoin), a middling result. It trades 0% below its all-time high. Verify the contract on official channels and check liquidity before trading.

Is SoFiUSD safe to buy?

SoFiUSD scores 51/100 on KoinLens (Stablecoin). It trades 0% below its all-time high. That reflects real, measurable weakness — most often a deep drawdown, sustained underperformance against Bitcoin, or thin liquidity. Size any position carefully and never invest more than you can afford to lose. This is a signal, not financial advice.

SoFiUSD appears to be a real, tracked and tradeable cryptocurrency ranked #130 — "legitimate" and "a good investment" are separate questions, and KoinLens answers both separately. Its score of 51/100 (Stablecoin) reflects weak performance and/or risk signals, it trades 0% below its all-time high. rather than proof of anything dishonest. Research the team, the use case and the token's supply schedule before trusting it.

Is SOFID a scam or legit?

KoinLens has found no automated red flags marking SoFiUSD (SOFID) as a scam. It scores 51/100 (Stablecoin), a middling result. It trades 0% below its all-time high. Verify the contract on official channels and check liquidity before trading.

What is SoFiUSD (SOFID) and how much is it worth?

SoFiUSD is a cryptocurrency ranked #130 by market capitalization, currently trading at $0.9990 with a market cap of $312.93M.

Coin Directory

SoFiUSDSOFID

Rank #130Ethereum

Coin Details

Coin Report Card

Live Market

#130

$0.9990

1h +0.0%24h -0.0%7d +0.0%

+0.0%

Hover for exact prices

Low $0.9987High $1

Market Cap

$312.93M

24h Volume

$1.50M

FDV

$312.93M

Dominance

0.01%

Circulating

313.23M SOFID

Max Supply

∞

ATH

-0.3% from ATH

ATL

$0.9911

24h High

$0.9998

24h Low

$0.9985

Market Status

Open

Crypto trades 24/7

Volatility

Low

Market data by CoinGecko · refreshes periodically.

—Convert

SOFID to USD converter

Type an amount on either side. Uses the live SoFiUSD price.

SOFID

USD

1 SOFID = $0.999042 · SoFiUSD price updates with the page, so a conversion reflects the moment it loaded, not a quote you can trade on.

—Overview

About SoFiUSD

SoFiUSD is a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A., making SoFi the first national bank to launch a stablecoin on a public, permissionless blockchain. It is backed 1:1 by cash with reserves held in the bank’s federal account, enabling immediate redemption while minimizing liquidity and credit risk. SoFi is opening access to its stablecoin infrastructure so banks, fintechs, and enterprises can integrate SoFiUSD into settlement flows or issue white‑label stablecoins using SoFi’s regulatory, operational, and reserve framework.

Official website ↗Explorer ↗

—On-chain

Contract addresses

Always verify against official channels — copycat tokens with identical names are a common scam.

Ethereum0x0cb6d03b0ac88a463f67b7ad99f9f3ec4678092e
SolanaAPhcqtzE73es3KAGiVksZFMLGwJDiAey5qZKUrQHEHfS

06Supply

Tokenomics

Supply structure and dilution. Full vesting, emission and allocation data is on the roadmap.

Circulating

313.23M SOFID

Max Supply

∞ Uncapped

Total Supply

313.23M SOFID

% Circulating

—

FDV

$312.93M

FDV / MCap

1.00×

Token distribution & allocations

Team / VC / treasury / community splits

Soon

Vesting & unlock calendar

Upcoming cliff and linear unlocks

Soon

Emission & burn rate

Net inflation over time

Soon

09Trading

Markets

Listed across 1 exchange. Top pairs by 24h volume.

Exchange	Pair	24h Volume	Type
Bullish	SOFID/USDC	$756.7K	spot
Bullish	BTC/SOFID	$708.4K	spot
Bullish	SOL/SOFID	$22.3K	spot
Bullish	ETH/SOFID	$16.1K	spot

4 spot pairs shown · liquidity dot reflects CoinGecko trust rating.

11Social

Community

Social reach and sentiment across public platforms.

Social following & sentiment

Not linked for this coin on our data source

Soon

Discord & community growth trend

Soon

Google Trends interest

Soon

—News

Latest SOFID news

No recent SoFiUSD stories in the last 48h. Browse all news →

—Explore

Coins like SoFiUSD

Browse all 2,000 coins →

12Reference

Full Market Data

The complete numbers, for when you want the raw data.

Price$0.9990

Market Cap$312.93M

Market Cap Rank#130

24h Volume$1.50M

Fully Diluted Valuation$312.93M

24h Change-0.0%

7d Change+0.0%

30d Change+0.1%

1y Change+0.0%

All-Time High$1 · Aug 7, 2026

All-Time Low$0.9911 · Aug 4, 2026

24h High / Low$0.9998 / $0.9985

Circulating Supply313.23M SOFID

Max SupplyUncapped

Total Supply313.23M SOFID

Market data from CoinGecko · contract security from GoPlus · TVL from DefiLlama. KoinLens Score and sub-scores are transparent, rule-based heuristics — not financial advice.

51/ 100

KoinLens ScoreStablecoin

Overall analytical assessment — project quality, asset performance, market health and risk.

Performance

60% weight

Trust & Safety

40% weight

0Band thresholds at 20 · 40 · 60 · 75 · 90100

76% of the indicators behind this score were evaluated from real data — the rest are estimated, so treat the number as approximate.

Measured (12)

Contract Security
Liquidity & Lock
Holder Distribution
Tokenomics
Volume Quality
Exchange Listings
Community & Ecosystem
Capital Preservation
vs Bitcoin
Scale & Durability
Dilution Risk
Recent Trend

Estimated (5)

Developer Activity
Team Transparency
Age & Survival
Price Structure
Revenue & Usage

Estimated indicators still affect the score — the input was unavailable, so a neutral value stood in for it. We show which ones rather than presenting the number as complete.

SoFiUSD is a stablecoin — designed to hold a fixed value, not to grow. It scores 51/100 on peg quality (60/100) and trust signals (24/100), never on price performance, because comparing a peg asset to Bitcoin would rank it top purely for standing still. Peg has drifted or liquidity is thin — check before using it as a cash equivalent. 1 red flag kept it below the level a clean peg would score. A peg is only as good as the reserves behind it, which no automated check can verify. Not financial advice.

Relative performance

Not enough price history to compare against Bitcoin.

It is an overall analytical assessment of project quality, asset performance, market health and risk — a summary of the sections below, not a separate judgement.

It is not a probability, a percentage chance of success, a price target, or a recommendation to buy or sell. KoinLens knows nothing about your time horizon, entry price, position size or tax situation.

Mechanically it blends performance and survival (60%) with trust and safety (40%), then applies factual ceilings so that no amount of good paperwork can lift a coin that has lost most of its value. Not financial advice.

KoinLens Score v2.0 · rule-based signals · updated Sep 2, 2026· not financial advice

—At a glance

Every dimension, one screen

Research lenses reweight the same evidence for a different question. Scores below them are the dimensions those lenses draw on. Tap any section further down for the full working.

Research lenses

Long-Term

53/100

Weak

Short-Term

57/100

Weak

Trading

43/100

Weak

Fundamentals

46/100

Weak

Scores

TrustEST

45/100

Weak

Security

49/100

Weak

FundamentalsEST

45/100

Weak

Performance

68/100

Moderate

Market Health

30/100

High Risk

Momentum

68/100

Moderate

Lenses are research views, not recommendations — KoinLens knows nothing about your time horizon, entry price or position size.

—Verdict

Is SoFiUSD a scam? Is it safe?

SoFiUSD (SOFID) scores 51/100 on KoinLens — Stablecoin.

Is SoFiUSD a scam?: KoinLens has found no automated red flags marking SoFiUSD (SOFID) as a scam. It scores 51/100 (Stablecoin), a middling result. It trades 0% below its all-time high. Verify the contract on official channels and check liquidity before trading.
Is SoFiUSD safe to buy?: SoFiUSD scores 51/100 on KoinLens (Stablecoin). It trades 0% below its all-time high. That reflects real, measurable weakness — most often a deep drawdown, sustained underperformance against Bitcoin, or thin liquidity. Size any position carefully and never invest more than you can afford to lose. This is a signal, not financial advice.
Is SoFiUSD legit?: SoFiUSD appears to be a real, tracked and tradeable cryptocurrency ranked #130 — "legitimate" and "a good investment" are separate questions, and KoinLens answers both separately. Its score of 51/100 (Stablecoin) reflects weak performance and/or risk signals, it trades 0% below its all-time high. rather than proof of anything dishonest. Research the team, the use case and the token's supply schedule before trusting it.

KoinLens rates SoFiUSD at 51/100 (Stablecoin), from a transparent, rule-based blend weighted 60% toward performance — drawdown, how long it has been underwater and how it has fared against Bitcoin — and 40% toward trust signals such as contract security, liquidity, holder distribution, team transparency and exchange listings. Bitcoin is the benchmark every other coin is measured against. These are transparent, rule-based signals about the past — not human opinion, not a forecast, and not financial advice.

—Risk

Important risks

Detected from contract, market and supply signals — scored separately from the overall number, not derived from it.

Moderate risk2 risk signals detected, 1 severe.

Finding
Top wallet holds 100.0%
Why it matters
Extremely concentrated ownership — one wallet can move the market.
Category: Security & contractSource: GoPlus contract analysis
Finding
Liquidity is thin — size positions carefully.
Why it matters
Thin liquidity means larger orders move the price against you, and exiting a position can cost noticeably more than entering it.
Category: Market healthSource: CoinGecko market data

Checked Sep 2, 2026

—Project quality

How strong is the project?

Credibility, technical risk and fundamentals behind SoFiUSD — independent of what the token price has done.

Measures project credibility, transparency, ecosystem maturity and external standing. It does not predict price performance.

The project publishes what an accountable team publishes.

✓Official website published+20
✓Public project description+15
✓Blockchain explorer linked+10
•Named founders & company registrationNo free registry maps tokens to real identities — this indicator scores public disclosure, not verified identity.

Short track record.

✕Under a year old — no track record−25
•Age approximated from earliest recorded priceNo genesis date published for this coin.

Ecosystem activity is modest for its market size.

•No tracked TVLNot every asset is a DeFi chain or protocol — absence isn't automatically bad.

Limited presence on reputable exchanges.

✕Not listed on any tier-1 exchange−30
•1 trading venues total

Measures technical and smart-contract risk indicators. A high score does not guarantee that a project cannot be exploited.

Automated contract checks surface no critical red flags.

✓Contract source verified / open+18
✓Ownership renounced+6
•Upgradeable proxy — logic can change after deploy
•Third-party audit historyNo free audit registry API — not counted either way.

Ownership is concentrated — a few wallets could move the price.

✕Top holder controls 100.0% — extreme concentration−40
✕Only 1 holders−10

Measures underlying project activity, usage, development and economic health.

Repository stats aren't published by our source — estimated, not penalised.

•No repository linked by the data providerAbsence of stats is not evidence of inactivity — several actively developed chains publish no repo link here. Scored neutrally and flagged, never counted as zero activity.

Supply structure carries dilution or emission risk.

✕Uncapped supply — holders are diluted by ongoing emission−14
✓Market cap ≈ fully-diluted value — minimal hidden dilution+14
•Vesting & unlock calendarCliff/linear unlock schedules need a paid data feed — not yet wired.

No tracked revenue or TVL.

•No revenue or TVL trackedNot every asset is a fee-earning protocol — absence isn't automatically damning, so this scores neutrally rather than zero.

Holders face meaningful dilution.

✕Uncapped supply — holders diluted by ongoing emission−22
✓Market cap ≈ fully-diluted value+12

—Asset quality

How has the token behaved?

Price history, market structure and tradability. A strong project can still have a weak asset — that gap is the point of splitting these.

Measures historical asset performance, drawdowns, survival and relative performance. Past results say nothing about future returns.

Has held its value reasonably well versus its peak.

✓Within 0.3% of all-time high+25

No benchmark comparison available.

•Not enough history to compare against Bitcoin

Structure unknown.

•Not enough price history to read structure

Measures liquidity, volume quality, exchange coverage and market structure.

Liquidity is thin — size positions carefully.

✕Thin turnover — hard to exit at size+2
•No locked liquidity detectedEither the pool is unlocked or the provider has no data. Verify before trading — see penalties.

Much of the reported volume is on unvetted exchanges.

✕Just 0% of volume on tier-1 exchanges — mostly unvetted venues−24

Small enough that a shock could be terminal.

✕$313M market cap — micro-cap, thin and fragile−20

Measures recent market trend and relative strength. This is the shortest-horizon and noisiest signal in the report.

Trend has been positive.

✓Up 0% over 1 year+14

—Research lenses

What are you researching this coin for?

The same evidence, reweighted for a different question. These are research views, not recommendations.

Weights fundamentals, survival and durability over recent price action.

Fundamentals35%
Performance30%
Trust20%
Security15%

A research lens, not a recommendation — it reweights the same evidence for a different question.

Weights momentum and recent direction over project quality.

Momentum50%
Market Health30%
Performance20%

A research lens, not a recommendation — it reweights the same evidence for a different question.

Execution quality — depth, venue coverage and whether you can exit.

Market Health50%
Security30%
Momentum20%

A research lens, not a recommendation — it reweights the same evidence for a different question.

Development activity, revenue, usage and ecosystem health only.

Fundamentals60%
Trust25%
Security15%

A research lens, not a recommendation — it reweights the same evidence for a different question.

—Positives

What looks good

Within 0.3% of all-time highCapital Preservation
Official website publishedTeam Transparency
Contract source verified / openContract Security
Public project descriptionTeam Transparency
Market cap ≈ fully-diluted value — minimal hidden dilutionTokenomics
Up 0% over 1 yearRecent Trend

—Concerns

What to watch

Top holder controls 100.0% — extreme concentrationHolder Distribution
Not listed on any tier-1 exchangeExchange Listings
Under a year old — no track recordAge & Survival
Just 0% of volume on tier-1 exchanges — mostly unvetted venuesVolume Quality
Uncapped supply — holders diluted by ongoing emissionDilution Risk
$313M market cap — micro-cap, thin and fragileScale & Durability

—Evidence

The findings behind the score

Each row is a signal that moved a sub-score, with the data source that produced it.

Finding	Category	Impact	Source
Top holder controls 100.0% — extreme concentration	Holder Distribution	-40	GoPlus holder analysis
Not listed on any tier-1 exchange	Exchange Listings	-30	CoinGecko exchange tickers
Under a year old — no track record	Age & Survival	-25	CoinGecko historical data
Within 0.3% of all-time high	Capital Preservation	+25	CoinGecko price history
Just 0% of volume on tier-1 exchanges — mostly unvetted venues	Volume Quality	-24	CoinGecko exchange tickers
Uncapped supply — holders diluted by ongoing emission	Dilution Risk	-22	CoinGecko supply data
$313M market cap — micro-cap, thin and fragile	Scale & Durability	-20	CoinGecko market data
Official website published	Team Transparency	+20	CoinGecko project metadata
Contract source verified / open	Contract Security	+18	GoPlus contract analysis
Public project description	Team Transparency	+15	CoinGecko project metadata
Uncapped supply — holders are diluted by ongoing emission	Tokenomics	-14	CoinGecko supply data
Market cap ≈ fully-diluted value — minimal hidden dilution	Tokenomics	+14	CoinGecko supply data
Up 0% over 1 year	Recent Trend	+14	CoinGecko price history
Market cap ≈ fully-diluted value	Dilution Risk	+12	CoinGecko supply data

Checked Sep 2, 2026

—History

Score history

Score history will appear here as KoinLens collects historical assessments for this coin. We don’t back-fill or estimate past scores — a trend line is only worth showing when every point on it was actually recorded.

05Security

Security Report

Automated contract checks. Tap any row for the explanation and evidence. Not a substitute for a professional audit.

The contract source is public and verifiable on-chain.