# Plasma (XPL): D-Score 56/100 — Moderately Decentralized

**BlockIndex D-Score: 56/100 (Moderately Decentralized).** Plasma (XPL) is a Layer 1 cryptocurrency using Other consensus. Plasma: Innovative layer-1 blockchain enabling zero-fee stablecoin transactions with global node infrastructure.

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

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 56 |
| Node distribution | 26 |
| Initial distribution | 0 |
| Governance | 16 |
| Age and history | 9 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: Other (N/A)
- Launch: N/A
- Founder: N/A
- VC funded: No
- Max supply: N/A
- Circulating: 1,800,000,000

## Market data (as of 2026-06-19)
- Price: $0.1
- Market cap: $171.05M
- 24h volume: $207.89M
- 24h change: -10.80% · 7d change: +15.00%

## About
Plasma is a layer-1 blockchain that focuses on providing the infrastructure for a global stablecoin financial system. The platform offers zero-fee USD₮ transfers, enabling seamless cross-border payments. Plasma aims to revolutionize the stablecoin ecosystem by supporting custom gas tokens and improving financial inclusivity globally. Despite limited transparency on certain organizational and governance details, Plasma operates a network of over 23,000 nodes globally, emphasizing its widespread adoption and robust infrastructure. While the project lacks clear information on its founding team and governance mechanisms, its technological focus and stable tokenomics position it as an integral player in the blockchain ecosystem.

## Links
- Website: N/A
- 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
