TL;DR
- Idea: A purpose-built Layer-1 blockchain enabling decentralized physical infrastructure networks (DePINs) and the machine economy with omnichain interoperability and modular plug-and-play functions for autonomous economic actors.
- Catalyst: Growing DePIN ecosystem with recent integrations (Wormhole, Home Assistant), robust Series A funding, upcoming token unlock in June 2026, and roadmap upgrades targeting 100000 TPS.
- Risks: Early-stage adoption with low TVL and on-chain activity, intense competition from established L1/L2 networks, token dilution risk from scheduled unlocks, reliance on nascent DePIN sector.
- Score: 7.00/ 10
Coin
- Name/ Ticker: peaq (PEAQ)
- Segment: DePIN
- Status: live
- Price: $0.027670
Key Metrics
- Market Cap: $58 578 076
- FDV: $121 672 956
- Circulating Supply: 2 121 479 070
- Total Supply: 4 406 539 914
- Inflation: 3.50%
Sources
Technology
- USP: Omnichain neutral coordination layer for machines, providing identities, wallets, reputation, and cross-chain settlement guarantees.
- Core Technology: Three-layer architecture (Machine Layer peaqOS, Trust Layer with staked economic validation, Service Layer with permissionless adapters) built on Substrate with EVM compatibility and XCM interoperability.
Roadmap
- 2017-01-01: Peaq founded
- 2022-03-09: Substrate & EVM support launch
- 2023-10-17: Home Assistant integration
- 2024-01-23: Wormhole integration
- 2024-03-27: Series A funding
- 2024-05-17: CoinList token sale
- 2024-11-15: Network mainnet launch
- 2024-12-10: All-Time High price
- 2026-03-15: All-Time Low price
- 2026-02-19: peaq Escrow release
- 2026-02-23: Onboard German SMEs
Team & Investors
Team
- Co-founder & CEO — Till Wendler: Founder of peaq since May 2020; CEO of EoT Labs; BA Business Administration Cal State East Bay
- Co-founder & CTO — Leonard Dorlöchter: Co-founder and CPO of EoT Labs; Technical University of Berlin graduate
- Co-founder & COO — Max Thake: Co-founder of peaq; MCAST Malta graduate
- Operations Manager — Anastasia Volgemut: Former COO for multiple GameFi projects; South African College of Applied Psychology graduate
Investors
- Generative Ventures — Series A • 2024-03-27
- Borderless Capital — Series A • 2024-03-27
- Spartan Group — Series A • 2024-03-27
- HV Capital — Series A • 2024-03-27
- CMCC Global — Series A • 2024-03-27
- Animoca Brands — Series A • 2024-03-27
- CoinList — IDO • 2024-05-17 • $20.00M
Total funding: $35.00M
Tokenomics
- Utility: Machine activation bonding, coordination fees, validator staking rewards, governance voting.
- Vesting: Initial distribution with locks and vesting per stakeholder; detailed schedule available on-chain.
- Next Unlock: 2026-06-12 (1.90% of circulating)
Pros & Cons
Strengths
- Purpose-built for DePIN and machine economy
- Omnichain interoperability via Substrate XCM
- High throughput (10000 TPS) and ultra-low fees
- Backed by top-tier investors
- Modular SDK for plug-and-play DePIN functions
Weaknesses
- Low TVL (~0.65M USD) and on-chain activity
- Early-stage ecosystem with limited deployments
- Scheduled token unlocks risk dilution
- Competition from established L1/L2 networks
- Reliance on nascent DePIN adoption
Market Signals (7d)
- TVL trend: slight inc
- CEX volume trend: high incre
- Active addresses trend: increasing
Price Scenarios (target: 2026-11-16)
- Bear: $0.014000 — Assumes 50% decline from current price due to market downturn
- Base: $0.050000 — Projecting 2x current price based on moderate ecosystem growth
- Bull: $0.200000 — 10x current price driven by rapid DePIN adoption and network effects
How to Buy & Store
CEX
- Gate
- KuCoin
- Kraken
- Bithumb
- Bitvavo
DEX
- Uniswap V3
- SushiSwap
- 1inch
- PancakeSwap
- Balancer
Storage
- MetaMask
- Ledger
- Trezor
- Trust Wallet
- WalletConnect
Verdict
PEAQ offers a unique investment exposure to the emerging DePIN and machine economy sector with strong technology and investor backing, but remains early-stage with low adoption and on-chain usage.
Official Links
Source: Coin Research (internal)
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