Is LACED a Wordle Word?

Yes. LACED is a valid Wordle word.

It is not on the Wordle answer list, so it is unlikely to be a daily answer.

Past-tense words ending in ED are almost never chosen as Wordle answers.

What does LACED mean?

/leɪst/

To fasten (something) with laces.
To add alcohol, poison, a drug or anything else potentially harmful to (food or drink).
To interweave items.“to lace one's fingers together”

3 more verb definitions

To interweave the spokes of a bicycle wheel.
To beat; to lash; to make stripes on.
To adorn with narrow strips or braids of some decorative material.“cloth laced with silver”

Fastened or adorned with lace.
Tainted with something, especially a drug.“I don't know what it was laced with, but he passed out a minute after drinking that first beer.”

Definition from Wiktionary, available under the CC BY-SA license.

Starter word rating: GoodIn the top 10% of all valid Wordle words for testing common letters.
Vowels: A, E
Unique letters: 5 of 5
Common letters: L, A, E

Hard-mode trap: 12 valid words fit the pattern LA_ED. If you reach it, you may need several guesses to find the last letter.

Letter ratings use how often each letter appears in Wordle answers.

Tap its tiles to the colours Wordle showed, and the Wordle Solver lists every word that still fits, with the best next guess.