# Bounce Token (AUCTION): D-Score 31/100 — Centralized Leaning

**BlockIndex D-Score: 31/100 (Centralized Leaning).** Bounce Token (AUCTION) is a Layer 2 cryptocurrency using Smart Contract consensus. Bounce Token: Facilitating Decentralized Auction Services on Ethereum Using AaaS

_Source: https://blockindex.ai/coin/auction · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 31 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 20 |
| Age and history | 11 |
| Autonomy | 0 |

## Key facts
- Layer: Layer 2
- Consensus: Smart Contract (N/A)
- Launch: Peer-to-peer token swap (2021)
- Founder: Primary Founder not explicitly named
- VC funded: Yes
- Max supply: 10,000,000
- Circulating: 6,920,407 (69.2%)

## Market data (as of 2026-06-19)
- Price: $3.7
- Market cap: $25.62M
- 24h volume: $6.74M
- 24h change: -1.82% · 7d change: +0.02%

## About
Bounce Token (AUCTION) is the native token of the Bounce Finance ecosystem, designed to facilitate decentralized auction services. Operating on the Ethereum blockchain, it leverages Auction as a Service (AaaS) to decentralize and democratize asset auctions, including NFTs, tokens, and real-world items. The token serves as a utility for executing auction transactions, participating in governance, and gaining access to platform features. With a focus on security, verifiability, and immutability on Ethereum's PoS network, Bounce integrates with multiple blockchains, expanding its reach and efficiency in DeFi operations. Despite ambiguity in the premine and PIP data, AUCTION has seen notable fundraising from venture capitals, including Pantera Capital, and is listed on major exchanges. Governed through community voting, it upholds a transparent decentralized model, making it a significant player in the DeFi space. Although the project age is unclear due to missing launch date data, Bounce continues to grow its platform capabilities and integrate DeFi innovations.

## Links
- Website: https://bounce.finance/
- Whitepaper: N/A
- GitHub: N/A

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore