{
  "url": "https://blockindex.ai/coin/ens",
  "name": "Ethereum Name Service",
  "links": {
    "github": "https://github.com/ensdomains",
    "website": "https://ens.domains/",
    "whitepaper": null
  },
  "dScore": 34,
  "market": {
    "priceUsd": 5.199811197028834,
    "marketCapUsd": 210117336.9450263,
    "volume24hUsd": 12256678.59335908,
    "priceChange7dPct": 8.83382772,
    "priceChange24hPct": -0.84301706
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 40408647.34955898,
    "circulatingPct": null
  },
  "ticker": "ENS",
  "founder": "Nick Johnson",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:33.658057+00:00",
  "fairLaunch": false,
  "launchYear": 2018,
  "description": "Ethereum Name Service (ENS) is a decentralized naming protocol built on Ethereum that replaces long hexadecimal addresses with human-readable names (for example alice.eth) and associates those names with addresses, metadata, and content hashes. ENS began as part of the Ethereum Foundation and spun out as an independent project in 2018; since then it has evolved into an open, community-governed public utility that combines on-chain registries with resolver contracts. ENS’s core value proposition is to simplify user experience across wallets, dApps and Web3 services by enabling readable identifiers tied to verifiable ownership, while preserving censorship resistance and composability through smart contracts. ENS’s on-chain naming system is widely integrated across wallets, exchanges, and developer tooling, and the protocol supports both ERC‑721 .eth name ownership and an ERC‑20 governance token used for DAO governance.\n\nTechnically, ENS uses a registry contract that records ownership of names, resolver contracts that map names to addresses and metadata, and a registrar implementation for .eth names (BaseRegistrarImplementation). These components are implemented as verified smart contracts deployed on Ethereum; contract artifacts and ABIs appear on contract pages and developer tooling references in the source material. ENS leverages Ethereum’s security and tooling ecosystem—developers interact with contracts via Remix/Blockscan links and the project’s contracts are visible on block explorers. The governance token is an ERC‑20 token (contract 0xC18360217d8f7ab5e7c516566761ea12ce7f9d72) and .eth domains are represented as ERC‑721 NFTs (registry/registrar contract 0x57f1887a8bf19b14fc0df6fd9b2acc9af147ea85). ENS is open-source and maintained by a small core team alongside community contributors; many integrations are implemented by third-party projects.\n\nENS’s real-world applications center on identity, usability and discovery in Web3: simplifying wallets and transfers, enabling human-readable identifiers for smart contracts and on-chain resources, and supporting content addressing through content hashes. Adoption metrics in the source materials point to hundreds of thousands of owners and over a million names (figures quoted in the sources), and widespread integrations across wallet providers and dApps. The governance token and DAO framework allow token holders to influence pricing parameters, oracle settings and other protocol decisions; a multi-signature treasury root (4–7 signers) manages protocol funds. ENS’s market presence is signaled by listings on major market platforms and multiple Tier‑1 exchanges, and it has been the subject of public debate and governance controversies that have tested the project’s social and organizational resilience.\n\nThe ENS token economics were established at genesis with a fixed total supply of 100,000,000 ENS allocated across categories: 50% to the DAO Community Treasury, 25% to a retroactive airdrop to .eth holders, and 25% to contributors (with further sub-allocations and vesting schedules). This model resulted in a fully pre-issued supply at token launch and a distribution designed to bootstrap decentralized governance. The protocol does not use block rewards and has no premine in the proof-of-work sense; its funding and stewardship are managed through the treasury and token governance. Governance is token-based via the ENS DAO, with delegation and on-chain proposal mechanisms complemented by off-chain coordination and a multi-sig treasury. Looking forward, the project’s roadmap emphasizes increased adoption, developer tooling and integrations; risks include governance controversies, smart-contract complexity flagged in contract artifacts, and market volatility, but ENS remains a foundational identity layer for Ethereum and the broader Web3 ecosystem.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "N/A",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 13,
    "governance": 21,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}