Peaq (PEAQ)

Overview

Peaq (ticker: PEAQ) is a layer‑1 network built for the Machine Economy. The Peaq blockchain is designed to power Decentralized Physical Infrastructure Networks (DePINs) — real‑world apps that connect devices, vehicles, robots, and sensors so they can provide services, share data, and get paid on chain. In simple terms, Peaq helps people and machines work together and earn together. Builders get tools to launch projects in mobility, energy, connectivity, AI, and more. Users get low fees, fast transactions, and device‑level identities and payments. The PEAQ token fuels the network and its apps. As PEAQ price updates change in real time, you’ll find live market data displayed separately on this page.

Peaq focuses on three big ideas: high throughput and low fees, strong decentralization, and a developer‑friendly stack that supports both EVM (Solidity) and Substrate/WASM (Rust). It also offers “Modular DePIN Functions” — plug‑and‑play building blocks like machine IDs, role‑based access control, data verification, and machine payments that make launching DePINs faster and easier. (docs.peaq.network)

History & Team

Peaq grew out of the vision to let people own a piece of the infrastructure they use every day — from cars and drones to chargers and sensors. The non‑profit behind the network is PEAQ Foundation Ltd., headquartered in Singapore. (peaq.xyz)

The project’s early journey included a strategic angel round in 2020 with well‑known industry figures, followed by multi‑tranche pre‑launch funding announced in March 2024 and a public token sale in May 2024. The pre‑launch round featured Generative Ventures and Borderless Capital as leads, with participation from CMCC Global, Spartan Group, HV Capital, Animoca Brands, and others. The public sale was hosted on CoinList. (peaq.network)

Peaq’s canary network, called krest, launched on Kusama to let teams test technical and socio‑economic designs before mainnet deployment. This “simulation network” mirrors real IoT conditions and helps de‑risk DePIN launches. (peaq.network)

Several public profiles and company records point to a core founding trio that has long worked in the Web3 and IoT space: Till Wendler, Leonard Dorlöchter, and Max Thake, alongside other contributors. They also co‑founded EoT Labs, which incubates and supports machine‑economy projects that build on Peaq. (theorg.com)

Technology & How It Works

Layer‑1 optimized for DePIN

The Peaq blockchain is a Substrate‑based layer‑1 with native EVM compatibility. Developers can write smart contracts in Solidity or Rust and deploy on a chain that aims for high throughput at low cost — around $0.00025 per native token transfer. This makes micro‑transactions from devices practical. (docs.peaq.network)

Performance and decentralization

Peaq targets 10,000+ transactions per second (TPS) today, with an upgrade path using asynchronous backing, elastic scaling, and agile coretime (from the Polkadot 2.0 roadmap) to push beyond 100,000 TPS over time. The network emphasizes decentralization, citing a Nakamoto coefficient above 130 — among the highest in major L1s and L0s — to reduce capture risk. (docs.peaq.network)

Bridges and interoperability

DePIN is multi‑chain by nature. Peaq integrates with Wormhole and LayerZero/Stargate to connect liquidity and assets with 20–30+ other chains, including Ethereum, BNB Chain, Polygon, Base, Optimism, and more. This helps users move value into DePIN apps on Peaq and lets devices interact across ecosystems. (peaq.network)

Modular DePIN Functions

The network ships “Modular DePIN Functions” in its SDK so builders can add essentials with minimal code: self‑sovereign machine IDs, role‑based access control, data signing and verification, machine‑to‑machine (M2M) payments, AI agents, indexing, and storage hooks. These modules shorten time‑to‑market for DePINs in mobility, energy, compute, and more. (docs.peaq.network)

Universal Machine Time (UMT)

In March 2025, Peaq unveiled Universal Machine Time — the first on‑chain implementation of the Precision Time Protocol (PTP). UMT synchronizes clocks across machines and DePINs with sub‑second, target nanosecond precision, enabling tightly timed operations, better data consistency, and reliable coordination for robotics, vehicles, and AI agents. Code and docs are open source. (peaq.network)

Tokenomics & Utility

Supply and issuance

• Ticker: PEAQ
• Genesis supply: 4,200,000,000 PEAQ
• Issuance: disinflationary, beginning at 3.5% annual inflation and decreasing 10% per year until it stabilizes at 1%
• Unlocks: scheduled across funding, community, team, and other buckets, with transparent reporting of circulating vs. unlocked supplies

This model is designed to reward early participation while trending toward low, steady issuance as the network matures. (docs.peaq.network)

Where PEAQ is used

• Gas: all transactions on the Peaq blockchain use PEAQ for fees
• Security: validators and delegators stake PEAQ to help produce blocks; misbehavior can be penalized
• Governance: holders can vote on key protocol decisions
• DePIN rewards and treasuries: issuance and fees route to staking rewards and several treasuries, including DePIN and machine‑subsidy pools that bootstrap real‑world networks

According to the protocol design, newly minted tokens and fees are allocated to validators/delegators (40%), security (10%), general treasury (25%), DePIN treasury (20%), and machine subsidies (5%). (docs.peaq.network)

Peaq tokenomics in action

As activity grows, machine transactions, staking, and governance tie utility to real‑world usage rather than pure speculation. The network also highlights that unlocked tokens are not the same as circulating tokens under common methodology definitions, and it provides foundation‑managed addresses for transparency. (docs.peaq.network)

Ecosystem & Use Cases

DePINs on Peaq

Peaq’s ecosystem spans many industries. Examples include:

• Silencio: a noise‑mapping DePIN using smartphones as sensors; it later launched the SLC token on Peaq. (peaq.network)
• Bistroo: a peer‑to‑peer food delivery network migrating 25% of its BIST supply and loyalty features to Peaq. (peaq.xyz)
• MapMetrics: a community‑driven navigation app using Peaq IDs and voting rails. (peaq.network)
• Farmsent: a farmer‑to‑business marketplace with 160k+ farmers onboarded, building traceability and rewards on Peaq. (peaq.network)
• YOM: decentralized cloud gaming that uses node licenses as NFTs and streams games from distributed GPUs; it added Peaq for tokenized licenses and rewards. (peaq.network)
• aZen Protocol: decentralized compute migrating from Solana; thousands of devices get Peaq IDs and dfNFTs for pooled compute. (peaq.xyz)

The team also reports ecosystem traction in 2025: millions of wallets and millions of on‑chain transactions as DePIN activity ramps. (peaq.network)

DeFi, NFTs, gaming

“Peaq DeFi, NFTs, gaming” is more than a keyword trio. Machine DeFi emerges when devices hold identities, earn, and stake; NFTs appear as device licenses, access passes, or dfNFTs representing pooled resources; gaming uses distributed GPUs and edge nodes to stream content, with rewards and governance on chain. This composability lets projects mix data markets, payments, and tokenized hardware in new ways across the Peaq blockchain. (docs.peaq.network)

Advantages & Challenges

Advantages

• Highly decentralized and secure: a reported Nakamoto coefficient above 130. (peaq.network)
• Scalable and low‑cost: 10,000+ TPS today with a roadmap toward 100k+ TPS; ~$0.00025 per simple transfer. (docs.peaq.network)
• Purpose‑built for DePIN: machine IDs, payments, access control, and SDK modules shorten build times. (docs.peaq.network)
• Interoperable by design: Wormhole and LayerZero/Stargate bridges connect to 20–30+ chains. (peaq.network)
• Active ecosystem: real apps in mobility, energy, compute, food delivery, mapping, and gaming. (peaq.network)

Challenges

• New and specialized: the focus on DePIN and machine‑native use cases may feel niche to general crypto users at first.
• Ecosystem still scaling: many integrations and migrations are recent; tooling and liquidity deepen over time.
• Multichain complexity: bridging and cross‑ecosystem UX can be complex for new users, even with integrations in place.

Where to Buy & Wallets

Where to buy PEAQ

If you’re wondering where to buy PEAQ, it trades on several centralized exchanges (CEXs) that have announced listings, such as Gate.io, MEXC, Bitget (Launchpool), CoinW, and more — with additional listings announced over time. Availability varies by region and platform. Always check that a venue supports the native Peaq network for deposits/withdrawals. (gate.com)

You can also move assets from other chains to Peaq using the supported bridges. Wormhole and Stargate/LayerZero connect Peaq to many EVM networks, helping users bring stablecoins or liquidity into DePIN apps on Peaq. (peaq.network)

Wallets and basic setup

Peaq supports both EVM and Substrate accounts:

• EVM: Use MetaMask or another EVM wallet. Add the Peaq network, then send/receive PEAQ like you would on any EVM chain. (docs.peaq.network)
• Substrate: Use the Polkadot.js extension for SS58 addresses. Peaq provides an address converter so EVM and Substrate accounts can interoperate. (docs.peaq.network)

For staking and governance, the Peaq Portal provides a delegator dashboard (minimum stake thresholds apply), and you can choose validators and manage your position in a few clicks. Liquid staking options are emerging through ecosystem partners. (docs.peaq.network)

Regulatory & Compliance

General regulatory posture

Peaq is operated by PEAQ Foundation Ltd., a non‑profit entity registered in Singapore. Public materials show the foundation’s address in Singapore. Public token sales have followed regional compliance standards; for example, the 2024 CoinList sale included KYC and excluded certain jurisdictions, including the United States, Canada, and China. This indicates a compliance‑first approach for token distribution. (peaq.xyz)

As for ongoing exchange listings and trading, venues apply their own listing and KYC/AML rules. Users should select platforms that support the native Peaq network for deposits/withdrawals and follow local regulations that apply to them. (gate.com)

Halal and shariah considerations

Peaq halal status is often evaluated based on token function and ecosystem design. The PEAQ token is a utility asset used for gas fees, staking to secure the network, and on‑chain governance. It powers payments for machine services and the operation of decentralized networks, not interest‑bearing lending or gambling mechanics. Because of this utility‑first design, many observers consider PEAQ shariah compliant in principle. That said, final assessments can vary by scholar and by how third‑party apps on the network operate. (docs.peaq.network)

“Peaq regulatory status” in key markets

• Singapore: Foundation registration and operations are disclosed in public materials, which is common for Web3 foundations. (peaq.xyz)
• Global access: Exchange listings and bridge integrations broaden access, while each platform enforces its own policies. The project’s posture has included region‑based restrictions during sales, reflecting differing regulatory environments. (peaq.network)

Future Outlook

Peaq’s roadmap centers on scaling throughput, growing the DePIN toolkit, and expanding cross‑chain access. On the performance front, the team reports successful private‑test upgrades with sub‑0.4‑second block times and tens of thousands of TPS, and plans to bring these gains to public networks via asynchronous backing, elastic scaling, and agile coretime. On the feature front, UMT is a major step toward machine‑precise coordination, and more SDK modules are expected to roll out. (peaq.network)

Ecosystem‑wise, expect more projects to migrate from other chains or launch natively — from mobility data and AI agents to computing, storage, and mapping. Recent examples such as aZen Protocol, YOM, Farmsent, Bistroo, and Silencio show how “Peaq DeFi, NFTs, gaming” can tie directly to real devices and services. Over time, machine RWAs (tokenized hardware and fleets) and Machine DeFi may become core demand drivers for PEAQ. (peaq.xyz)

On adoption, early 2025 on‑chain stats highlight rapid growth in wallets, transactions, and staked tokens as more DePINs go live. If these trends continue — alongside more bridges, fiat on‑ramps, and developer grants — the network could solidify its role as a go‑to home for DePIN builders. (peaq.network)

Summary

Peaq is a purpose‑built layer‑1 for real‑world apps. The Peaq blockchain combines speed, low fees, and strong decentralization with a developer stack that speaks EVM and Substrate. Its Modular DePIN Functions help teams launch faster, while bridges like Wormhole and LayerZero/Stargate connect liquidity from dozens of chains. The PEAQ token sits at the center of network activity — paying for transactions, securing block production via staking, and steering protocol governance — and “Peaq tokenomics” align issuance and fees with long‑term ecosystem growth. Whether you’re exploring machine identities, payments, data markets, or “where to buy PEAQ” to join a DePIN, Peaq’s focus stays the same: make devices and people co‑owners of the infrastructure they use. As the ecosystem scales across DeFi, NFTs, and gaming, and as PEAQ price data updates in real time, Peaq aims to be one of the leading home bases for the Machine Economy. (docs.peaq.network)