# Phala Network (PHA): D-Score 63/100 — Decentralized

**BlockIndex D-Score: 63/100 (Decentralized).** Phala Network (PHA) is a Layer 1 cryptocurrency using PoS consensus. Phala Network: Execution Layer for Web3 AI with Phat Contracts and Trusted Execution Environments

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

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 63 |
| Node distribution | 28 |
| Initial distribution | 0 |
| Governance | 25 |
| Age and history | 5 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: PoS (N/A)
- Launch: N/A
- Founder: Marvin Tong, Hang Yin
- VC funded: Yes
- Max supply: N/A
- Circulating: 840,235,295

## Market data (as of 2026-06-19)
- Price: $0.04
- Market cap: $31.4M
- 24h volume: $23.77M
- 24h change: +0.63% · 7d change: +14.58%

## About
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.

## Links
- Website: https://phala.network/
- Whitepaper: N/A
- GitHub: https://github.com/Phala-Network

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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