PEAQ Token
6 known investors
peaq provides a blockchain-based stack that lets robots and machines operate as autonomous economic actors, enabling them to be financed, transact, and function as investible assets. It targets developers building robotics and machine-economy applications across multiple chains.
Also known as $PEAQ · peaq · peaq network
Founders & leadership
Investors · 6
Company profile
researched Aug 2026peaq operates a blockchain network and stack designed so that robots, vehicles, devices, sensors and AI agents can function as autonomous economic actors and as investible assets. The stack is organised in three layers: a Machine Layer (peaqOS) that onboards machines as composable economic actors; a Trust Layer providing coordination, validation and economically secured reputation scores backed by staked capital; and a Service Layer that connects machines to external service markets through a permissionless adapter framework for discovery, scoring and orchestration. The network gives machines verifiable identities, wallets, portable reputation, tokenization and cross-chain settlement guarantees.
peaq is positioned as chain-neutral: a machine onboarded through peaq is intended to exist across all supported chains simultaneously, so applications on any chain can discover, verify and transact with it. The company frames this as enabling "Robot Money" — any medium of exchange or means of payment used by robots and machines across chains. Developer-facing offerings center on activating machines, financing them for customers, and building omnichain applications in which machines earn and reinvest.
PEAQ is the network's native token, used to pay transaction fees, to stake for validator/collator and delegator roles securing block production, to pay for deploying EVM and ink! smart contracts, and for onchain governance; a future utility would let machine owners stake PEAQ on their machines as a trust guarantee. Total supply at genesis was 4.2 billion PEAQ with an initial 3.5% inflation rate declining 10% annually until it stabilises at 1%, implying a maximum supply of roughly 5.67 billion tokens. Native PEAQ exists at protocol level on the Substrate side and is exposed to EVM tooling via a precompile, with WPEAQ as the canonical wrapped ERC-20 and LayerZero OFT representations on Ethereum, BNB Smart Chain, Base and Solana.
Business model
peaq runs a public Layer 1 blockchain (chain ID 3338) whose usage requires the native PEAQ token for transaction fees, smart-contract deployment and staking, with a foundation-governed token allocation covering ecosystem, treasury, grants, network security and community programs. Value accrues through network usage by DePIN and machine-economy applications built on the peaq stack rather than through direct software licensing described in the sources.
Network transaction fees and contract-deployment fees are paid in PEAQ, and block production is compensated through staking rewards funded by token inflation (3.5% initially, declining to 1%).
Traction
Company figures cite more than 6 million robots, machines and humans onboarded, 60+ apps on the stack across 22 industries and 48 million-plus machine transactions. Ecosystem app statistics include Silencio (1.2 million people providing data across 180+ countries), Teneo (6 million node setups), DeNet (6 million storage users and watcher nodes), SkyX (125TB+ of weather data) and XMAQUINA ($35M+ DAO treasury). Mainnet is live with staking and bridging available through peaq portal (November 2024) and the peaq app (October 15, 2025), and PEAQ trades on 18 exchanges across 22 markets with a circulating supply of about 2.45 billion tokens.
Latest developments
Recent announcements cover P256 signatures for machines running peaqOS, a peaqOS and World ID integration enabling proof of human for robots and machines, and the availability of Korean public data to robots and machines on peaq. A canonical token-contracts page was published to counter impostor PEAQ tokens circulating on launchpads such as pump.fun and Clanker, and the peaq app began replacing peaq portal on October 15, 2025.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
peaq presents itself as a DePIN and machine-economy focused Layer 1 and neutral omnichain coordination layer, categorised by market trackers under smart contract platforms, Layer 1, DePIN and robotics. It cites 60+ apps using its stack across 22 industries, and ecosystem projects including Silencio, Teneo, DeNet, SkyX and XMAQUINA. Press coverage places it within a DePIN sector that Messari estimated could reach $3.5 trillion of market potential by 2028.
peaq positions itself as chain-neutral rather than a competing settlement destination: machines onboarded once are addressable across all supported chains, combining machine identity, wallets, staked-capital-backed reputation and cross-chain settlement guarantees in a single coordination layer, alongside financing and tokenization tooling that treats machines as an asset class.
Technology
A Substrate-based Layer 1 supporting both EVM and ink! smart contracts, with validator/delegator staking and slashing for censorship-resistant block production and onchain governance. Machine-specific primitives include peaq IDs (decentralized machine identity), peaqOS for onboarding machines, P256 signatures for machines running peaqOS, and a World ID integration for proof-of-human for robots and machines. Cross-chain presence is implemented with LayerZero OFT contracts and an OFT adapter locking native PEAQ, plus LayerZero Hydra-bridged stablecoins and assets on the peaq network; a Uniswap-standard token list provides canonical token metadata.
Go-to-market
peaq distributes via a developer stack and documentation (peaqOS, token list, portal and peaq app), an ecosystem of third-party DePIN and robotics apps, grants and funding for builders, and an Enterprise Adoption program that connects large corporations with DePIN projects through updates, consulting sessions and early funding opportunities. The token was distributed to the public through a CoinList community sale and subsequently listed on centralized exchanges.
Developers and operators building robotics, DePIN and machine-economy applications; machine and fleet owners seeking to finance and monetise hardware; enterprises, research institutions and infrastructure providers running nodes; and token holders who stake or delegate.
Geography
Sources reference European enterprise and research partners (Bertelsmann Investments, Deutsche Telekom, Lufthansa Innovation Hub, Technical University of Munich), a data initiative bringing Korea's public data to machines, and ecosystem apps collecting data across 180+ countries. The CoinList token sale excluded residents of the US and its territories, Canada, China, North Korea and certain other jurisdictions.
History
MapMetrics migrated from Solana to peaq and NATIX Network integrated peaq IDs into its street-mapping DePIN in April 2023. Following a $15 million pre-launch funding round announced by co-founder Leonard Dorlöchter in March 2024, the PEAQ token was offered publicly on CoinList from May 9 to May 16, 2024, and the mainnet launch was scheduled for September 22-30, 2024. peaq portal added staking and bridging in November 2024 and began being replaced by the peaq app from October 15, 2025. Genesis node participants announced include Bertelsmann Investments, Deutsche Telekom, Lufthansa Innovation Hub and the Technical University of Munich.
Risks & controversies
peaq warns that impostor tokens using its name circulate on launchpads including pump.fun and Clanker, some with copycat addresses and faked liquidity, and directs users to verify contract addresses against its official page. The tokenomics documentation carries a disclaimer that an earlier version incorrectly described total supply at genesis as maximum supply, which the foundation attributes to a copywriting error. Governance is initially constrained, with the foundation holding veto power during the post-launch period. Market data show PEAQ trading around $0.023, roughly 96.9% below its December 10, 2024 all-time high of $0.7505.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 6
launches, deals, and filingsAs of October 15, 2025 the peaq app is live and is gradually replacing peaq portal as the hub for PEAQ token management.
peaq portal was upgraded with a staking dashboard allowing PEAQ holders to stake with active nodes and a dedicated interface for bridging PEAQ to and from the network, plus access to network stats. Planned future features included onchain governance voting, a peaq-native DEX for swaps and liquidity provision, and community campaigns.
peaq scheduled its mainnet launch for Sept. 22-30, 2024; subsequent company posts confirm mainnet is live with the PEAQ token listed on exchanges.
peaq offered 252,000,000 PEAQ (6% of total supply) to the public on CoinList from May 9 to May 16, 2024 at a fixed price of $0.079274, implying a stated fully diluted network value of $333,333,333.33. Purchases were in USDC or USDT with a $100 minimum and $2,500,000 maximum; commitments of $50,000 or more qualified for a pro-rata "Whales" allocation capped at 0.5% of supply. Vesting was 15% unlocked at TGE with six-month linear vesting. KYC was mandatory and residents of the US, Canada, China, North Korea and certain other jurisdictions were excluded.
Bertelsmann Investments, Deutsche Telekom, Lufthansa Innovation Hub and the Technical University of Munich — entities with combined holdings reported as exceeding $170 billion — joined peaq's genesis node pool as the pilot of peaq's Enterprise Adoption program. The genesis node pool was initially capped at 32 active nodes, supported by tokens staked by node operators and delegators.
Web3 drive-to-earn platform MapMetrics migrated from Solana to peaq, and NATIX Network integrated peaq IDs into its street-mapping DePIN for real-time geospatial data collection via its Drive& app.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- PEAQ Tokenpeaq.xyz · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does PEAQ Token do?
- peaq is a Layer 1, omnichain coordination network that lets robots and machines act as autonomous economic actors.
- Who founded PEAQ Token?
- PEAQ Token was founded by Max Thake.
- Who are PEAQ Token's investors?
- PEAQ Token's investors include Advanced Blockchain, Bloom / Giesen Family Office, Borderless Venture, FOMO Ventures, Truth Ventures, Greenfield.