{
  "url": "https://blockindex.ai/coin/astr",
  "name": "Astar",
  "links": {
    "github": "https://github.com/AstarNetwork/plasmdocs",
    "website": "https://astar.network/",
    "whitepaper": null
  },
  "dScore": 38,
  "market": {
    "priceUsd": 0.005629980814309418,
    "marketCapUsd": 49051307.41651148,
    "volume24hUsd": 2927499.07417553,
    "priceChange7dPct": -5.35666378,
    "priceChange24hPct": -3.11522068
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 10000000000,
    "circulating": 8712517686,
    "circulatingPct": 87.12517686
  },
  "ticker": "ASTR",
  "founder": "Sota Watanabe",
  "vcFunded": true,
  "updatedAt": "2026-06-19T06:00:39.258511+00:00",
  "fairLaunch": false,
  "launchYear": 2019,
  "description": "Astar (ASTR) is a Substrate‑based Polkadot parachain and multi‑VM smart contract platform designed to lower developer friction and accelerate Web3 adoption. Founded in January 2019 as Plasm Network by Sota Watanabe and later rebranded to Astar in June 2021, the project positions itself as a cross‑chain developer hub supporting both Ethereum Virtual Machine (EVM) and WebAssembly (WASM) runtimes. The network is developed and maintained by Stake Technologies (operating from Japan and domiciled in Singapore) and leverages Polkadot shared security and Nominated Proof‑of‑Stake (NPoS) consensus. Astar’s core mission centers on enabling dApp teams to deploy quickly and cost‑effectively while aligning developer incentives with secure network operation through novel on‑chain economic models.\n\nTechnically, Astar is built on Parity Substrate and emphasizes modularity and on‑chain upgradeability. The chain supports multi‑VM execution (EVM + WASM), enabling teams to port existing Ethereum tooling or build with native WASM runtimes. Astar implements on‑chain dApp staking and reward‑split mechanics that divide block rewards between dApp developers/operators and validators/nominators, creating an economic feedback loop that encourages application development. The network’s architecture benefits from Polkadot parachain design patterns: it can accept runtime upgrades, integrate cross‑chain messaging patterns, and pursue scaling/Layer‑2 integrations such as optimistic VMs and zk rollups as a roadmap priority.\n\nFrom a use‑case and ecosystem perspective, Astar aims to serve projects that require smart contract flexibility and cross‑chain composability. Typical applications include DeFi primitives, NFT platforms, developer tooling, and cross‑chain bridges that leverage Polkadot’s relay and message‑passing capabilities. The ASTR token is used for transaction fees, staking for validator/nominator participation, and governance activities. The team has pursued developer incentive programs (Build2Earn, grants and incubator initiatives) and secured ecosystem/backer support — including mentions of Binance Labs and Coinbase Ventures in public sources — to bootstrap dApp activity and liquidity. On‑chain DeFi metrics in the provided snapshots show modest TVL relative to large L1s, but the ecosystem maintains meaningful market presence via centralized exchange listings.\n\nTokenomics and governance reflect a hybrid approach: supply figures in public sources show discrepancies (reported totals of ~7,000,000,000 and ~8.59B ASTR across different snapshots), with circulating supply snapshots cited in the files (~4,487,130,325 ASTR). Distribution excerpts reference allocations to users/early supporters, team, foundation, grants, on‑chain treasury and early financial backers; these allocations inform derived public initial percentage (PIP) estimates used for downstream scoring. Governance is on‑chain with referenda and an on‑chain treasury and the project is actively evolving toward more decentralized/DAO‑style governance. The organizational steward is Stake Technologies, and CEO Sota Watanabe is publicly named in source materials. Overall, Astar presents as a developer‑centric Polkadot parachain with a clear product focus on multi‑VM support and developer economics, active VC and ecosystem backing, and an observable roadmap toward deeper L2 and interoperability integrations.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": false,
    "consensus": "PoS",
    "parentChain": "DOT"
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 13,
    "governance": 15,
    "nodeDistribution": 5,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}