Verified coins and look-alikes

Anyone can create a coin on Algorand and give it any name, so several coins can share a name like USDC. A name proves nothing; a coin's id does. PortMula's verified list decides when a name is enough and when your agent has to ask.

What the verified list is

The list starts from coins that trade in Tinyman and Pact pools with real depth. PortMula reads each one on chain, including who can freeze it or claw it back and when it was created, and marks it verified only when every read succeeded and Pera's own review calls it verified or trusted. A few coins are also marked canonical: the one coin a well-known name means, such as USDC. On a test network, where pool sizes mean nothing, only those main coins are admitted.

How a name becomes a coin

When you name a coin in Terminal:

• A name settles on its own only when one of PortMula's well-known coins carries it. Otherwise, even for a coin on the verified list, your agent lists the matching ids and asks which you mean.
• Coins not on the list are shown with their ids for you to choose from. Your agent is told never to pick one for you, and never to trade one unless you give its exact id.
• To start or stop holding a coin, or to claim one from your inbox, PortMula itself refuses unless you named it by its exact id or by a name that means one canonical coin.

On the Trade page you pick from the coins your agent's wallet holds, and an automation picks its coins from a list in its settings. Either way, the approval card shows the coin before anything is signed.

Spotting a look-alike

A look-alike uses a well-known name with a different id. Check the id before you trade. For a coin on the verified list, the Trade page adds a line when its issuer can freeze or claw back your balance (USDC is left without that line). That is a fact to see, not a verdict: some regulated stablecoins carry those powers on purpose.

The token check

The token check is a service that reports facts about one coin: whether it is on the verified list or shares a verified coin's name, who can freeze, claw back or change it, its supply and age, how concentrated its holders are, and how much could be sold on Tinyman before the price moves. Facts, never advice: it never calls a coin safe or risky. It is on the Services page, with its price.