Status (SNT): D-Score 39/100 — Centralized Leaning BlockIndex D-Score: 39/100 (Centralized Leaning). Status (SNT) is a Layer 1 cryptocurrency using PoS consensus. Status (SNT): Privacy-first Ethereum light client and encrypted messenger with an ERC-20 governance token enabling gasless UX and community governance. Source: https://blockindex.ai/coin/snt · 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: 21: Age and history: 13: Autonomy: 5: Key facts - Layer: Layer 1 - Consensus: PoS (N/A) - Launch: Other (2017) - Founder: Carl Bennetts, Jarrad Hope - VC funded: No - Max supply: N/A - Circulating: 4,812,295,482 Market data (as of 2026-06-19) - Price: $0.01 - Market cap: $33.48M - 24h volume: $2.21M - 24h change: -4.53% · 7d change: -6.20% About Status is an open-source, privacy-forward client suite for Ethereum that combines a decentralized browser, a self-custodial wallet, and an encrypted messaging platform into unified mobile and desktop applications. Launched in June 2017, Status was conceived to provide users a light-client experience for interacting directly with Ethereum dApps without sacrificing privacy. The project integrates a peer-to-peer messaging protocol (Waku), end-to-end encrypted communications with modern cryptographic protocols (X3DH and Double Ratchet), and non-custodial key management features—together positioning Status as both a usability layer into Web3 and a privacy-first communication stack. The Status Network Token (SNT) operates as an ERC-20 utility token within this ecosystem, used for governance participation, gating community features, and aligning incentives among contributors and service providers. From a technical perspective, Status implements an Ethereum light-client approach optimized for mobile and desktop environments, enabling users to discover and interact with thousands of EVM-compatible dApps while maintaining local key custody. Status places a heavy emphasis on privacy engineering: messages are routed peer-to-peer with metadata privacy techniques to limit observable linkability, and its messaging system uses forward-secret cryptographic schemes to protect conversation contents. The product also includes integrations with swap and bridge providers to facilitate token management, and the team has been developing product-level components such as Pre-Deposit Vaults and a gasless execution model intended to enable frictionless L2 interactions. The project’s codebase and much of its tooling are released under open-source terms, encouraging community contributions to the client, wallet integrations, and the cryptographic messaging stack. In terms of use cases and adoption, Status targets users who need a combined solution for private messaging, asset custody, and dApp access on mobile and desktop. Real-world applications include token-gated communities, private peer-to-peer communications for decentralized identity use cases, and improved UX flows for interacting with L2 systems via the planned gasless Status Network execution layer. While SNT itself is not an L1 coin, it underpins governance and access controls inside the Status client and serves as a coordination mechanism for community-funded initiatives and feature rollouts. The project boasts several million tokens in total supply across historical snapshots, thousands of active holders, and multi-year trading history; listed exchanges and analytics platforms provide market access and visibility for the token. Tokenomics for SNT are straightforward in practice but lack a public universal “max supply” cap in the supplied snapshots: reported snapshots show a total supply in the neighborhood of 6.8 billion SNT with circulating supply snapshots around 4.79 billion SNT at points in time. Historical market data shows an all-time high of $0.68 (Jan 4, 2018) and a much lower trading price in later snapshots, consistent with typical market cycles. Distribution details such as an exact premine percentage or precise early allocation breakdown were not provided in the supplied files, and public pre-issue (PIP) percentages were not enumerated in the sources available for this summary. Governance for Status is community-centered: SNT token holders participate in votes and community funding mechanisms referenced in project communications, though the available material does not describe an on-chain DAO with fully automated token governance. Governance processes are characterized as community-driven and largely off-chain coordination with token-weighted influences over project decisions. The project operates under an organizational structure that maintains product releases, infrastructure, and community funding mechanisms; legal entity details and CEO-level assignments were not specified in the supplied content. Looking forward, the Status roadmap emphasizes user experience improvements—chiefly gasless L2 experiences and Pre-Deposit Vaults to lower friction for end users—alongside continued work on privacy and messaging features that differentiate the client from single-purpose wallets. Links - Website: https://status.app/ - Whitepaper: N/A - GitHub: N/A --- 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