# Velvet (VELVET): D-Score 41/100 — Moderately Decentralized

**BlockIndex D-Score: 41/100 (Moderately Decentralized).** Velvet (VELVET) is a Layer 2 cryptocurrency using N/A consensus. Velvet: AI-integrated DeFi platform with cross-chain compatibility for innovative trading and portfolio management.

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

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 41 |
| Node distribution | 0 |
| Initial distribution | 25 |
| Governance | 11 |
| Age and history | 5 |
| Autonomy | 0 |

## Key facts
- Layer: Layer 2
- Consensus: N/A (N/A)
- Launch: Other (2025)
- Founder: Vasily Nikonov
- VC funded: Yes
- Max supply: 1,000,000,000
- Circulating: 420,800,414 (42.1%)

## Market data (as of 2026-06-19)
- Price: $0.47
- Market cap: $198.41M
- 24h volume: $39.96M
- 24h change: +36.26% · 7d change: -68.06%

## About
Velvet is an advanced decentralized finance (DeFi) platform leveraging Artificial Intelligence (AI) for on-chain research, trading, and portfolio management. Velvet distinguishes itself with its AI Co-Pilot, facilitating the creation and execution of DeFi strategies using natural language processing. The platform boasts versatility across blockchains such as BNB Chain, Solana, Ethereum, and others, serving a community with over 100,000 active users. By integrating APIs and user interfaces, Velvet is a comprehensive tool for traders and hedge funds, emphasizing cross-chain functionality and innovative DeFi solutions.

## Links
- Website: https://www.velvet.capital/
- 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