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Is “ETH” on BNB Chain at 0x00b3741950e347144c8804da98558bf0aed98c90 Legit? How to Verify and Stay Safe

Is “ETH” on BNB Chain at 0x00b3741950e347144c8804da98558bf0aed98c90 Legit? How to Verify and Stay Safe

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BNB Chain has a token using the symbol “ETH” at address 0x00b3741950e347144c8804da98558bf0aed98c90. Our research shows this is not the official Binance‑Peg Ethereum Token on BNB Chain. If you’re looking for the legitimate bridged ETH on BNB Chain, the widely recognized contract is 0x2170ed0880ac9a755fd29b2688956bd959f933f8, often labeled “Binance‑Peg Ethereum” or “WETH” on explorers.

Before you interact with any token that reuses a famous ticker like ETH, double‑check the contract on a trusted explorer and understand what a “pegged” asset is: it’s a wrapped version of a coin on another chain, typically backed 1:1 by reserves.

Quick facts about 0x00b374... on BNB Chain

  • Symbol: ETH (BEP‑20 on BNB Chain)
  • Contract: 0x00b3741950e347144c8804da98558bf0aed98c90
  • Total supply: 1,000,000,000
  • Decimals: 9
  • Holders: 621 (as of Aug 13, 2025)
  • Transfers: 1,207 (as of Aug 13, 2025)
  • Market data: No reliable price/market cap listed on-chain

These stats suggest some on-chain activity but no clear market visibility or official recognition.

Why this is not the official bridged ETH

  • Official bridged ETH on BNB Chain: Binance‑Peg Ethereum (ETH/WETH) at 0x2170ed0880ac9a755fd29b2688956bd959f933f8.
  • Naming confusion: The 0x00b374… token uses the “ETH” ticker, which can mislead users into thinking it’s the canonical bridged ETH.
  • No verified backing or docs: There’s no official website, whitepaper, or credible documentation tying 0x00b374… to Ethereum’s native asset or an acknowledged bridge.

Quick refresher: BNB Chain and Ethereum are separate networks. Native ETH cannot “live” on BNB Chain. Instead, Binance‑Peg ETH is a wrapped token on BNB Chain intended to mirror ETH’s value, backed by reserves.

Contract behavior and risk signals

  • Standard BEP‑20 base with extras: The code resembles a typical token with transfer/approve functions, plus anti‑bot checks and transfer restrictions.
  • Owner controls: The contract appears Ownable, and there’s no evidence ownership has been renounced. That means the deployer may retain powers to change parameters, which can affect trading.
  • AMM hooks: The code references Uniswap‑like swap functions (common across AMMs), signaling intended DEX trading. On BNB Chain, this typically means PancakeSwap‑style liquidity.

None of these features are inherently bad, but in a token that reuses “ETH” without clear provenance, they increase risk. Restrictions can be used for security—or for malicious control (e.g., blocking sells, changing fees).

On‑chain activity snapshot

  • Transfers are present and appear tied to AMM swaps.
  • BscScan shows $0.00 on many transactions, implying missing price feeds or negligible value.
  • Holder count (621) is modest, which can mean tighter concentration and potential volatility.

Without transparent docs, audits, or listings, it’s difficult to assess fair value or safety.

How to verify before you interact

  • Match the contract: For bridged ETH on BNB Chain, confirm 0x2170ed0880ac9a755fd29b2688956bd959f933f8 on BscScan.
  • Check the project’s official sources: Cross‑verify contract addresses on the project website and reputable explorers.
  • Look for audits: Reputable firms like CertiK and PeckShield publish public reports.
  • Inspect ownership and code flags: Look for renounced ownership and beware of arbitrary tax/blacklist/transfer‑limit functions.
  • Assess liquidity and listings: Thin or unaudited liquidity pools and no major listings are strong caution signals.

Where to research and trade

If you still want to monitor this specific token, use specialized dashboards:

  • Research and track on gmgn.ai for real‑time analytics and risk checks.
  • On BNB Chain, trading typically happens on AMMs like PancakeSwap. Exercise extreme caution with tokens that mimic well‑known tickers.

If your goal is to hold or use bridged ETH on BNB Chain, use the verified Binance‑Peg ETH/WETH address above and trade via established venues with the correct contract.

Bottom line

  • The token at 0x00b3741950e347144c8804da98558bf0aed98c90 is not the official Binance‑Peg Ethereum on BNB Chain.
  • Its use of the “ETH” ticker, lack of authoritative documentation, and owner‑controlled mechanics are red flags.
  • Stick with the verified bridged ETH contract on BNB Chain and always validate addresses on BscScan before you buy, bridge, or add liquidity.

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