Shuffle (SHFL): D-Score 23/100 — Centralized Leaning

BlockIndex D-Score: 23/100 (Centralized Leaning). Shuffle (SHFL) is a Layer 2 cryptocurrency using PoS consensus. Shuffle: ERC-20 wagering token powering a provably-fair crypto casino with Wager-to-Vest and buyback-and-burn mechanics.

Source: https://blockindex.ai/coin/shfl · Data by BlockIndex.AI · Updated 2026-06-19

D-Score breakdown (0-100, higher means more decentralized)
Component: Score: Overall D-Score: 23: Node distribution: 0: Initial distribution: 0: Governance: 16: Age and history: 7: Autonomy: 0: Key facts
- Layer: Layer 2
- Consensus: PoS (N/A)
- Launch: IDO (2024)
- Founder: Noah Dummett, Bainy Zhang, Darcy Spangler
- VC funded: No
- Max supply: N/A
- Circulating: 425,234,238

Market data (as of 2026-06-19)
- Price: $0.29
- Market cap: $121.78M
- 24h volume: $722,817.18
- 24h change: -1.60% · 7d change: -4.94%

About
Shuffle (SHFL) is a consumer-focused crypto casino platform and its associated ERC-20 utility token, designed to be the native wagering and incentive asset within a large-scale online gaming product. Built around a mix of in-house "Shuffle Originals" (Dice, Mines, Plinko, Limbo, Crash) and third-party titles, the platform emphasizes provably fair mechanics, rapid cryptocurrency deposits and withdrawals, and token-driven incentives intended to align player behavior with token economics. The project launched the Shuffle platform in early 2023 and introduced the SHFL token via a Liquidity Bootstrapping Pool (LBP) on March 14, 2024. Documentation and curated market snapshots (CoinMarketCap and DEX Mode) are the primary public sources for on-chain and market metrics; the team roster published in source materials lists founders Noah Dummett, Bainy Zhang, and Darcy Spangler, but does not include an explicitly named CEO or a formal corporate registration with jurisdictional license details in the scraped files.

From a technical and product perspective, SHFL is an ERC-20 token deployed on Ethereum and therefore inherits the parent chain's properties (EVM compatibility, PoS consensus). The token contract (0x8881562783028f5c1bcb985d2283d5e170d88888) is used as the on-chain instrument for wagering, reward vesting and deflationary mechanics. Key token utility features documented in the sources include Wager-to-Vest (tokens vest for users based on wagering activity), buyback-and-burn programs (designed to remove tokens from circulation through platform flows), and planned airdrops targeted to active users. The product materials focus on front-end user experience, provably fair game verification pages, and economics that tie on-site activity to on-chain supply movements rather than low-level protocol engineering or on-chain governance mechanisms.

Tokenomics disclosures in the provided files report a maximum supply of 1,000,000,000 SHFL with multiple circulating-supply snapshots captured in market pages: an initial circulating figure after the LBP of ~67,976,307 SHFL (6.80%) is documented alongside a later CoinMarketCap snapshot showing ~359,409,854 SHFL circulating. The LBP sale itself reportedly sold 39,316,004 of 50,000,000 allocated tokens (5%), with the remainder retained in treasury/liquidity allocations and vested distributions. The market-data snapshots in the source set show a current price snapshot of $0.329417, a market capitalization around $118.39M, an ATH of $0.7916 (Mar 18, 2024) and an ATL of $0.006356 (Sep 08, 2025). The provided documents preserve these snapshots and their inconsistencies; reconciliation would require on-chain reads of totalSupply and holder balances, and access to the token contract for authoritative decimals/holders information.

Governance and organizational disclosures in the scraped content indicate that Shuffle operates as a commercial platform rather than an on-chain DAO. No on-chain governance proposal system, token-voting mechanism, or DAO treasury controls are documented in the provided materials. The project materials and market pages present a company-run product with off-chain decision-making and product roadmap items, and there is no explicit evidence of venture funding, a named CEO, or published open-source repositories in the materials reviewed. Infrastructure and market visibility are centered around CoinMarketCap pages (including DEX Mode), CEX listings (Binance, Huobi, BitMEX) and Uniswap liquidity; block-explorer references (Chainz/Cryptoid) are mentioned for contract inspection. Overall, Shuffle presents a product-led token economy tightly integrated with a consumer-facing gambling product, with tokenomics focused on user-driven vesting and deflationary flows, but with limited public protocol-level, governance, or legal jurisdiction disclosures in the provided dataset.

Links
- Website: https://shuffle.com/
- Whitepaper: N/A
- GitHub: N/A

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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