# Pi Network (PI): D-Score 61/100 — Decentralized

**BlockIndex D-Score: 61/100 (Decentralized).** Pi Network (PI) is a Layer 1 cryptocurrency using Other consensus. Pi Network: A mobile-first, inclusive cryptocurrency ecosystem with unique consensus mechanism and global reach.

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

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 61 |
| Node distribution | 26 |
| Initial distribution | 0 |
| Governance | 17 |
| Age and history | 13 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: Other (Other)
- Launch: Other (2019)
- Founder: Dr. Nicolas Kokkalis, Dr. Chengdiao Fan
- VC funded: No
- Max supply: 100,000,000,000
- Circulating: 10,791,874,388 (10.8%)

## Market data (as of 2026-06-19)
- Price: $0.13
- Market cap: $1.41B
- 24h volume: $7.71M
- 24h change: -0.37% · 7d change: +2.89%

## About
Pi Network is a transformative project aimed at fostering a user-friendly, inclusive cryptocurrency ecosystem through mobile mining. Founded by Stanford graduates, Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, it employs the Stellar Consensus Protocol and Federated Byzantine Agreement for energy-efficient transactions. This Layer-1 blockchain prioritizes democratized access, securing its network via Security Circles, and offers a utility-focused ecosystem comprising the Pi Browser and Wallet. Pi Network's global reach boasts over 27,000 active sellers and 28,000 test merchants.

## Links
- Website: https://minepi.com/
- Whitepaper: N/A
- GitHub: https://github.com/pi-app

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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