Illuvium (ILV): D-Score 33/100 — Centralized Leaning

BlockIndex D-Score: 33/100 (Centralized Leaning). Illuvium (ILV) is a Layer 2 cryptocurrency using PoS consensus. Illuvium (ILV): Ethereum-based NFT gaming token with Immutable X integration, DAO governance, staking and IlluviDEX marketplace.

Source: https://blockindex.ai/coin/ilv · Data by BlockIndex.AI · Updated 2026-06-19

D-Score breakdown (0-100, higher means more decentralized)
Component: Score: Overall D-Score: 33: Node distribution: 0: Initial distribution: 0: Governance: 20: Age and history: 13: Autonomy: 0: Key facts
- Layer: Layer 2
- Consensus: PoS (N/A)
- Launch: Other (2020)
- Founder: Kieran Warwick, Aaron Warwick
- VC funded: No
- Max supply: N/A
- Circulating: 7,342,132

Market data (as of 2026-06-19)
- Price: $3.18
- Market cap: $23.38M
- 24h volume: $1.75M
- 24h change: -4.40% · 7d change: -2.75%

About
Illuvium (ILV) is a high-production-value blockchain-native game and ecosystem that marries AAA 3D open-world exploration with auto-battler mechanics and tradable NFTs. Launched as an Ethereum-based project with deep integration into Immutable X for gas-free NFT minting and trading, Illuvium positions itself at the intersection of gaming and DeFi. The ILV token acts as the economic and governance backbone of the ecosystem: it is used to reward players, to stake for yield, and to participate in DAO-led governance for game and economic changes. The project is driven by a distributed team and led publicly by co-founders Kieran and Aaron Warwick. Since development began in 2020, Illuvium has focused on building an integrated on-chain experience that supports collectible Illuvials, an in-game marketplace (IlluviDEX), and economic systems designed to capture player engagement and liquidity.

From a technical perspective, Illuvium relies on Ethereum for settlement and security while leveraging Immutable X (IMX) as a Layer-2 specialist for NFT scalability and gasless UX. ILV itself is an ERC-20 token, with NFTs and high-frequency asset operations routed through IMX to reduce costs and improve finality for players. The architecture separates token economics from the underlying L2 NFT flow: ILV remains an Ethereum token while the game’s NFTs use IMX tooling for minting, trading, and on-chain metadata. The project includes staking mechanisms and a convertible in-game representation of ILV (sILV) that lets players access utility inside the game without immediate withdrawal, enabling richer gameplay monetization while preserving on-chain staking economics.

Illuvium’s tokenomics are concise and explicit: a maximum supply of 10,000,000 ILV is stated, with a substantial yield-farming allocation (3,000,000 ILV, or 30% of max supply) used to bootstrap liquidity and reward early contributors and liquidity providers over a multi-year distribution schedule. Public metrics extracted from the provided sources show a total supply figure around 9.14M ILV and a circulating supply reported at approximately 6.79M ILV; these values drive market capitalization and FDV calculations. The token supports staking, yield distribution to stakers, and mechanisms intended to tie game revenue back into ILV staking rewards. The economic design balances limited supply with on-chain incentives (yield farming, staking, sILV), while governance proposals have been used to iterate on economic parameters in 2025.

Governance is explicitly DAO-centric: Illuvium governance is described as an on-chain DAO where ILV holders may vote on protocol and economic changes. The project has experienced active governance in 2025, including proposals to rework the Fuel Exchange, implement a Fuel Migration, and adjust council compensation and structure. This on-chain governance model places decision-making power with token holders and council structures, with treasury and budget items exposed to proposal processes. Operationally, the project appears community-driven with DAO-led treasury decisions, and no clear single corporate headquarters or controlling company is documented in the provided materials. Overall, Illuvium aims to combine polished game design and a tokenized economic layer, leveraging Layer-2 NFT infrastructure for scalability while using on-chain governance and staking to align long-term participants.

Links
- Website: https://illuvium.com/
- Whitepaper: https://docs.illuvium.io/
- 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