# Railgun (RAIL): D-Score 39/100 — Centralized Leaning

**BlockIndex D-Score: 39/100 (Centralized Leaning).** Railgun (RAIL) is a Layer 1 cryptocurrency using PoS consensus. Railgun: A pioneering privacy protocol using ZK-SNARK technology on Ethereum for secure DeFi operations.

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

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 39 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 25 |
| Age and history | 9 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: PoS (N/A)
- Launch: Other (2021)
- Founder: John Meurer
- VC funded: No
- Max supply: 100,000,000
- Circulating: 14,708,797 (14.7%)

## Market data (as of 2026-06-19)
- Price: $2.4
- Market cap: $35.29M
- 24h volume: $288,981.63
- 24h change: -13.34% · 7d change: -18.02%

## About
Railgun is a privacy protocol on the Ethereum network, utilizing Zero Knowledge Proofs to offer transaction confidentiality. Built without relying on bridges or layer-2 solutions, Railgun ensures privacy for decentralized finance operations like DEX trading and lending, using Ethereum's layer-1 infrastructure. This aligns with the growing need for secure and private transactions and is part of Ethereum's broader privacy initiatives.

## Links
- Website: https://railgun.org/
- Whitepaper: N/A
- GitHub: https://github.com/Railgun-Privacy

---
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