Secret Network (SCRT): D-Score 39/100 — Centralized Leaning BlockIndex D-Score: 39/100 (Centralized Leaning). Secret Network (SCRT) is a Layer 1 cryptocurrency using DPoS consensus. Secret Network: Privacy-first Cosmos Layer-1 enabling confidential smart contracts, SNIP-20 tokens and confidential AI tools. Source: https://blockindex.ai/coin/scrt · 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: 10: Initial distribution: 0: Governance: 16: Age and history: 8: Autonomy: 5: Key facts - Layer: Layer 1 - Consensus: DPoS (N/A) - Launch: Other (2020) - Founder: Guy Zyskind - VC funded: No - Max supply: N/A - Circulating: 343,290,433 Market data (as of 2026-06-19) - Price: $0.06 - Market cap: $19.41M - 24h volume: $6.62M - 24h change: -2.37% · 7d change: -6.08% About Secret Network is a privacy-first, Cosmos-based Layer-1 blockchain designed to enable confidential smart contracts and privacy-preserving decentralized applications. Founded around research into confidential computing, the project’s core innovation is Secret Contracts — smart contracts that keep inputs, outputs and state encrypted using Trusted Execution Environments (TEEs) so dApps can operate on private data without exposing it on-chain. The network positions itself as a hub for confidential computing in Web3, combining interoperability via Cosmos IBC with privacy-preserving token standards (SNIP-20) and tooling such as Secret Bridges to bring assets from other chains into a private execution environment. Secret’s technology stack includes SecretVM and the Secret AI SDK, which target confidential AI and encrypted LLM compute on TEE-enabled infrastructure, reflecting a strategic focus on confidential AI workloads alongside traditional DeFi and privacy use-cases. Architecturally, Secret Network runs on the Cosmos SDK and uses Tendermint-based delegated proof-of-stake (DPoS) consensus, with validators securing the network by staking SCRT and delegators participating in governance via on-chain proposal voting. The protocol supports privacy-preserving token standards (SNIP-20) and wrapped private assets through Secret Bridges, enabling applications to tokenize and privately operate on cross-chain assets. The project emphasizes developer tooling (SecretVM, SDKs) and increasingly targets confidential AI workloads that require encrypted execution and GPU/LLM integrations. While TEEs provide the cryptographic basis for private computation, they introduce hardware-dependency risks and require active mitigation strategies for vulnerabilities in TEE implementations. From a tokenomics perspective, SCRT’s initial documented total supply was 170 million with an allocation across community, team, treasury and foundation buckets; later snapshots in market data indicate a total supply figure in the mid-hundreds of millions with circulating supply near that level. Secret’s monetary policy features inflation that adjusts with staking participation — inflation may be higher (up to ~9%) when a smaller portion of supply is staked and decreases toward lower rates (around ~7%) as staking participation rises above protocol thresholds (e.g., >67% staked). The ecosystem demonstrates ongoing issuance and inflationary dynamics typical of Proof-of-Stake networks, with vesting schedules for team allocations noted in documentation. The combination of on-chain governance, foundation-managed programs and multiple contributor organizations frames a hybrid operational model between community governance and organized development entities. Governance and ecosystem development are active areas for Secret Network, with multiple foundations and companies (SCRT Labs, Secret Foundation Inc., Secret Network Foundation, EnigmaMPC and others) contributing to development, infrastructure and promotion. On-chain governance allows token holders and delegators to vote on proposals, while the foundations and corporate actors provide coordinated funding, grants and operational support. Recent ecosystem milestones and blog posts highlight a strategic push into confidential AI (SecretVM and Solidity-LLM integrations) and grant partnerships (e.g., ChainGPT Pad) to accelerate developer adoption. Risk vectors to monitor include reliance on TEE hardware and a relatively small reachable node footprint reported in the provided materials, which raise decentralization and trust assumptions that warrant continued scrutiny. Links - Website: https://scrt.network/ - Whitepaper: N/A - GitHub: https://github.com/trustwallet/assets/tree/master/blockchains/secret --- 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