{
  "url": "https://blockindex.ai/coin/pha",
  "name": "Phala Network",
  "links": {
    "github": "https://github.com/Phala-Network",
    "website": "https://phala.network/",
    "whitepaper": null
  },
  "dScore": 63,
  "market": {
    "priceUsd": 0.038647650002893025,
    "marketCapUsd": 32472655.290257663,
    "volume24hUsd": 24712511.31194943,
    "priceChange7dPct": 17.44429638,
    "priceChange24hPct": 4.86364125
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 840223281.0488316,
    "circulatingPct": null
  },
  "ticker": "PHA",
  "founder": "Marvin Tong, Hang Yin",
  "vcFunded": true,
  "updatedAt": "2026-06-19T06:00:27.939122+00:00",
  "fairLaunch": false,
  "launchYear": null,
  "description": "Phala Network is a blockchain platform that strives to spearhead the convergence of AI and blockchain technologies, serving as an innovative execution layer for Web3 with a focus on scalability and privacy. Primarily operating on Polkadot but also integrated with Ethereum, Phala leverages Trusted Execution Environments (TEEs) to ensure confidential computing capabilities, which facilitates the creation of Phat Contracts. These contracts enable complex off-chain computations, thereby expanding beyond conventional smart contract limits. As a unique component within the Polkadot and Ethereum ecosystems, Phala offers privacy-centric and scalable infrastructure solutions that encourage AI integration. The governance model is underpinned by a decentralized autonomous organization (DAO), promoting community-driven governance and decision-making processes.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": false,
    "consensus": "PoS",
    "parentChain": null
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 5,
    "governance": 25,
    "nodeDistribution": 28,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Decentralized"
}