ViteX Coin (VX): D-Score 52/100 — Moderately Decentralized BlockIndex D-Score: 52/100 (Moderately Decentralized). ViteX Coin (VX) is a Layer 2 cryptocurrency using Other consensus. ViteX Coin: Community-mined exchange token powering ViteX fee dividends and on-chain decentralized trading economics. Source: https://blockindex.ai/coin/vx · Data by BlockIndex.AI · Updated 2026-06-19 D-Score breakdown (0-100, higher means more decentralized) Component: Score: Overall D-Score: 52: Node distribution: 0: Initial distribution: 25: Governance: 16: Age and history: 11: Autonomy: 0: Key facts - Layer: Layer 2 - Consensus: Other (N/A) - Launch: Fair Launch (2019) - Founder: N/A - VC funded: No - Max supply: N/A - Circulating: 172,214 Market data (as of 2026-06-19) - Price: $336.78 - Market cap: $58M - 24h volume: $6.65 - 24h change: -0.64% · 7d change: +2.85% About ViteX Coin (VX) is the exchange-platform token associated with ViteX, a decentralized exchange built around the Vite ecosystem. Available summaries describe VX as the official or platform token of ViteX rather than an independent base-layer blockchain. Its primary purpose is economic participation in the exchange: holders are described as receiving payouts from a shared dividend pool funded by ViteX transaction fees, while community mining mechanics allocate VX to users participating in the exchange ecosystem. The project's launch history is not perfectly consistent across sources, with 2019 and 2020 both appearing in market-data references, but 2019 is the more conservative launch year used here because it is specifically reported by LiquidityFinder. Technically, ViteX is described as an OpenFinance exchange platform built on the Vite blockchain, using on-chain smart contracts for major exchange functions. Reported features include an on-chain matching engine, order combinations, order book handling, exchange-fee redemption, and a non-custodial trading model. These features are intended to make exchange results publicly verifiable and to reduce tampering risk around dividend and fee-distribution rules. VX itself is not documented as having its own standalone validator set, mining algorithm, full-node network, block timing, or chain statistics, so it is best classified as a token or platform asset rather than a separate Layer-1 network. The clearest use case for VX is participation in ViteX exchange economics. The token is tied to fee sharing, reward allocation, and community-mined exchange participation. This makes VX closer to a decentralized exchange utility and revenue-sharing token than a general-purpose smart-contract coin. Reviewed data did not confirm active wallet integrations, exchange listings, trading pairs, infrastructure services, bridges, analytics integrations, or dated project-specific milestones in the validated ecosystem sections. Several low-confidence service candidates were explicitly excluded by the source summary, so entity arrays are left empty where no verified entries were provided. VX tokenomics are defined by a reported maximum or total supply of 29,328,808 VX across several market-data sources. The distribution model is described as having no pre-sale, no pre-mining, and no ICO, which supports a fair-launch style classification, although a precise public initial percentage was not available. Circulating supply is unresolved: some sources report zero circulating supply, another reports 2,000,000 circulating VX, and others omit circulating data. Because of that inconsistency, current circulating supply, market capitalization, and fully diluted valuation remain uncertain. The most concrete price-related figures in the provided summary are a reported price of $0.0167 and an all-time high near $1.21 on March 10, 2021. Governance and organizational information is limited. VX holders appear to have economic participation rights through exchange-fee and dividend mechanics, but the provided data does not confirm a formal DAO, token voting system, treasury governance process, executive leadership, controlling foundation, company structure, or VC funding. Source-code availability is referenced indirectly by CoinPaprika, but no authoritative GitHub URL or license was provided. The main unresolved areas are node metrics, PIP, active markets, canonical token standard, current supply, and current development roadmap. Links - Website: https://vitex.net/ - 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