# Litentry (LIT): D-Score 55/100 — Moderately Decentralized

**BlockIndex D-Score: 55/100 (Moderately Decentralized).** Litentry (LIT) is a Layer 1 cryptocurrency using PoS consensus. Litentry: Privacy-preserving decentralized identity infrastructure for Polkadot, EVM networks, and multi-chain Web3 authentication.

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

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 55 |
| Node distribution | 0 |
| Initial distribution | 25 |
| Governance | 12 |
| Age and history | 13 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: PoS (N/A)
- Launch: IDO (2021)
- Founder: Hanwen Cheng
- VC funded: Yes
- Max supply: 1,000,000,000
- Circulating: 250,000,000 (25.0%)

## Market data (as of 2026-06-19)
- Price: $1.53
- Market cap: $382.28M
- 24h volume: $43.99M
- 24h change: -4.94% · 7d change: -5.82%

## About
Litentry is a privacy-preserving decentralized identity aggregation project associated with the LIT token and the broader Polkadot, Substrate, EVM, and multi-chain identity ecosystem. The project is centered on helping users and applications aggregate identity signals from Web2 and Web3 sources while maintaining privacy and user control. Public token distribution began through Binance Launchpool in early 2021, and the project is linked to founder and CEO Hanwen Cheng. Available source material describes Litentry Foundation as supporting decentralized identity, cross-chain innovation, multi-chain identity solutions, zero-knowledge privacy, and chain abstraction. The project has also been moving through a migration and rebrand toward Heima, making that transition a key operational development for LIT holders and ecosystem participants.

Technically, Litentry is described as built on Substrate and tailored for Polkadot, EVM-based platforms, and broader multi-chain environments. Its architecture combines Trusted Execution Environments, verifiable credentials, customizable score computation, and cross-chain identity verification. The project’s flagship identity work is framed around IdentityHub and decentralized identity aggregation, with emphasis on privacy-preserving authentication and user activity data management. While LIT has Ethereum and BNB Smart Chain token contract references, the project is also described as a parachain-related network asset rather than a simple standalone ERC-20 application token. No proof-of-work mining system, UTXO model, block reward schedule, native block timing, or verified full-node count was provided in the source summaries.

Litentry’s primary use case is identity infrastructure for decentralized applications, governance systems, reputation scoring, user authentication, and cross-chain identity portability. The project aims to let applications reason about user credentials and activity across multiple networks without requiring centralized custody of identity data. This makes LIT relevant to DeFi, DAO tooling, credential-based access, cross-chain user profiles, and privacy-aware reputation systems. Its ecosystem positioning is strongest where interoperable identity matters: Polkadot parachain environments, EVM applications, and other multi-chain Web3 platforms. The provided summaries also identify strategic partnerships, IdentityHub development, staking mechanisms, and Polkadot parachain progress as important ecosystem milestones.

LIT has a fixed maximum supply of 100,000,000 tokens. The provided market snapshot listed a price of $0.07085, market capitalization of approximately $3.2 million, 24-hour volume of $78,980, and self-reported circulating supply of about 45.16 million LIT, equal to roughly 45.17% of max supply. A later CoinMarketCap snapshot showed $0.06701, market cap of $3.02 million, and 24-hour volume of $18,160, so the extracted market data should be treated as source-time data. Distribution references include seed and strategic rounds, Binance Launchpool distribution, team and foundation vesting, ecosystem allocations, and Polkadot crowdloan allocation. ChainBroker reported $4.43 million raised across seed and strategic rounds, and other sources mention VC backing from crypto investors.

Governance details are incomplete in the available summaries. The project has a named founder and CEO, foundation branding, VC funding history, and project-team structure, while no DAO governance, token-voting mechanism, community-governed treasury, or formal on-chain governance model was confirmed. No Litentry-specific hacks, exploits, emergency chain freezes, or regulatory enforcement actions were found in the provided source material. The most important forward-looking item is the migration and rebrand from Litentry to Heima, alongside continued focus on privacy-preserving decentralized identity, cross-chain verification, verifiable credentials, TEE-based privacy, and chain abstraction.

## Links
- Website: https://www.litentry.com/
- Whitepaper: N/A
- GitHub: https://github.com/litentry

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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