peaq (PEAQ)
peaq ranks #66 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #347: 281 of the 346 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 361 non-native assets CoinSpectrum lists above it by market cap, about 50% are claims on other assets, 43% are tokens, 6% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 64/100 · provisional, B to A |
|---|---|
| Rank among cryptocurrencies | #66 |
| Rank counting claims | #347 |
| Market capitalisation | $68M |
| Price | $0.0262 |
| Circulating supply | 2,603,628,300 PEAQ |
| Maximum supply | 5,667,620,229 PEAQ |
| Consensus family | Proof of Stake |
| Consensus mechanism | NPoS (Substrate) |
| Network purpose | DePIN |
| Ledger type | Multi-asset ledger |
| Launch distribution | Presale |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
A — 64 out of 100, provisional (from 10 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 58 to 70 (B to A).
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 9.1 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 6.8 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 7.6 | fixed maximum supply of 5.67 billion |
| Distribution | 5.5 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 0.6 | 94% of today's supply allocated at launch to founders, a company, a foundation or investors. Genesis allocation of 4.2B PEAQ (investors 34%, community 21%, ecosystem and treasury 20%, core contributors 11.5%, EoT Labs 8.5%, network security 5%), against an estimated current total of about 4.35B-4.48B: the docs' schedule gives 4.347B at the end of inflation year 1 and about 4.48B at the end of year 2, and inflation began shortly after the Nov 2024 launch. source |
| Fundraising (share sold) (Source) | 6.2 | Sold by its issuer or insiders: 37.6% of supply sold. Genesis investor rounds (pre-seed 7%, seed 5%, private 13%, pre-launch private 9% = 34%) plus the 6% CoinList community sale (252M PEAQ, May 2024) = 40% of 4.2B = 1.68B PEAQ. Against ~4.47B now (docs' inflation schedule: 4.347B at end of year 1, ~4.48B at end of year 2, Oct 2026) that is 37.6% (37.5%-38.6% across that supply range). Pre-seed, seed, private and pre-launch private rounds (34% of supply): a seed of about $2.7M (2021) and a $15M pre-launch round (Mar 2024) led by Generative Ventures and Borderless Capital with Spartan, HV Capital, CMCC Global, Animoca and Moonrock. A $20M public CoinList community sale (May 2024, 6% of supply) followed. source |
| Developer share (after launch) | 9.7 | Developer share: about 3.1% of today's supply received so far; 20% of each new block reward goes to them today. Inflation began at block 2,634,590 (12 Nov 2024): 3.5% in year 1, falling 10% a year. Until Economics 2.0 (runtime 113, 2026), 40% went to validators and delegators and 60% to foundation-managed treasury pools (Security 10%, General 25%, DePIN incentives 20%, machine subsidies 5%). The current split is 30% staking, 20% General Treasury (foundation-managed), and 30% Machine Pool plus 20% Activation Token Provision Pool. The machine pools pay rule-based bonding rewards to machine operators and are not counted. Issued so far ~147M + ~110M = ~257M: ~0.6 x ~240M + 0.2 x ~17M = ~147M, or ~3.1% of 4.457B. If Economics 2.0 started in May 2026 rather than September, the figure is ~2.9%. source |
| Decentralisation | 2.3 | average of 3 parts |
| Governance (Source) | 0 | An authority can halt the chain or freeze funds: The Sudo pallet key is set on mainnet (Sudo.Key = 0xcac2c841...), giving one account root power over balances and the runtime. source |
| No central team (Source) | 0 | A central team directs it: peaq-network-node (Apache 2.0) is developed by EoT Labs, the company behind peaq, which sets its roadmap. source |
| Who can mint (Source) | 7 | Gated by stake: any holder with enough stake can validate: access bought with coins |
| Nodes (Source) | – | Not yet counted |
| Security | 7.2 | 4.3 of 6 points, 2 not yet measured source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | – | |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 7.6 | about 80,000 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 1 | not mined: another consensus, 1 |
| Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point) | 7 | one client, latest version Sep 2026 |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 7.4 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.00007 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 7.4 | about 522 simple transactions a second |
| Block time (10 minutes 10, less either side) | 2.9 | a block every 6.57 seconds |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | 10 | 4.72 MB limit, 431 MB per 10 minutes |
| Features (3 checks) | 6.7 | 2 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✗ | As a Polkadot parachain, peaq blocks (about 6.7 s) are final only when the relay chain's GRANDPA finalises them, typically 12-30 seconds. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | Substrate --state-pruning and --blocks-pruning. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | Substrate parachain: smoldot can follow it via relay-chain GRANDPA finality. |
| Privacy | 3.5 | 3.5 of 10: whitepaper privacy 3.5 of 7, extra features 0 of 3, 1 not yet researched source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | 10 | Any secp256k1 key can hold and send PEAQ; the chain's account and transfer rules carry no identity check. |
| UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9) | 0 | An account ledger: one running balance for each address, so the remainder stays at the sending address and its payments share one public history. |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | No confidential transactions. |
| Hidden parties (Sender and receiver hidden) | 0 | No sender or receiver hiding. |
| Network privacy (Origin hidden by default) | 0 | Substrate gossip relays extrinsics directly. |
| Programmability | 10 | 9 of 9 points source |
| Token issuance (At protocol level) | 2 | ERC-20 contracts on the EVM built into the peaq chain, open to any account. |
| Smart contracts (General-purpose) | 2 | An EVM (pallet_evm) built into the peaq runtime, open to any account. |
| Multisig and time locks (Without a third party) | ✓ | pallet_multisig and pallet_vesting in the runtime, plus timelock contracts on the EVM. |
| Atomic swaps (With other chains) | ✓ | EVM HTLC contracts (hash lock plus timelock refund). |
| Native DEX (Trades the coin itself, not a claim) | ✓ | Traded as itself, not as a wrapped token or a claim: its own chain's DEXes (Peaq, DefiLlama). |
| Cross-chain messaging (Verified by the chain itself) | ✓ | XCM configuration in the runtime as a Polkadot parachain. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts on the EVM. |
| Demand | 6.3 | average of 7 measures |
| Exchanges (10 or more: 10) | 10 | 23 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 4.1 | $1,499,180 traded in 24 hours; #594 by volume on the exchanges the site reads (scored on the median day of the last 30, $1,161,736) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 6.8 | 1.2% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 8.8 | $305,541 within 2% of the price on 5 exchanges, 0.45% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 4.6 | $68M, 4.6 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 8.5 | futures, options and margin positions 2.2% of its market cap |
| Wallet support (wallets that hold it, 10 or more: 10) | 1 | its own node and wallet, counted as 1: no wallet in the site's directory lists it yet |
| Record | 5.7 | average of 3 criteria |
| Age (years since genesis) (Source) | 1 | 1 full year since 2024-11-12, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 6 | 1 positive, 0 negative, 3 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 119 commits in 9 of the last 12 months (github.com/peaqnetwork/peaq-network-node); peaq-network-node peaq-v0.0.113 released 2026-09-01. |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
| Shipped a scaling upgrade in two years | – | |
| Shipped a new capability for users in two years | – | |
| Conduct (origin, claims, halts) | 10 | 3 positive, 0 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
Proof of Stake coins
Ethereum ETHA+
BNB BNBA
Solana SOLA+
Qtum QTUMA
Pharos PROSA
Mina Protocol MINAA
WEMIX WEMIXAAll Proof of Stake chains →Proof of Work coins
Bitcoin BTCA+
Zcash ZECA+
Dogecoin DOGEA+
Monero XMRA+
Bitcoin Cash BCHA++
Litecoin LTCA+
Ethereum Classic ETCAAll Proof of Work chains →Supply
2,603,628,300 of a maximum 5,667,620,229 PEAQ are in circulation — 45.9% of the total that will ever exist.
Launch and allocation
| Premine (allocated at launch) | 94% of today's supply |
|---|---|
| Sold by the issuer or insiders | 37.6% of today's supply |
| Developer share received since launch | 3.1% of today's supply |
| Developer share of new coins today | 20% |
| Fundraising | Private or venture funding |
Genesis allocation of 4.2B PEAQ (investors 34%, community 21%, ecosystem and treasury 20%, core contributors 11.5%, EoT Labs 8.5%, network security 5%), against an estimated current total of about 4.35B-4.48B: the docs' schedule gives 4.347B at the end of inflation year 1 and about 4.48B at the end of year 2, and inflation began shortly after the Nov 2024 launch.
Pre-seed, seed, private and pre-launch private rounds (34% of supply): a seed of about $2.7M (2021) and a $15M pre-launch round (Mar 2024) led by Generative Ventures and Borderless Capital with Spartan, HV Capital, CMCC Global, Animoca and Moonrock. A $20M public CoinList community sale (May 2024, 6% of supply) followed.
Genesis investor rounds (pre-seed 7%, seed 5%, private 13%, pre-launch private 9% = 34%) plus the 6% CoinList community sale (252M PEAQ, May 2024) = 40% of 4.2B = 1.68B PEAQ. Against ~4.47B now (docs' inflation schedule: 4.347B at end of year 1, ~4.48B at end of year 2, Oct 2026) that is 37.6% (37.5%-38.6% across that supply range).
Inflation began at block 2,634,590 (12 Nov 2024): 3.5% in year 1, falling 10% a year. Until Economics 2.0 (runtime 113, 2026), 40% went to validators and delegators and 60% to foundation-managed treasury pools (Security 10%, General 25%, DePIN incentives 20%, machine subsidies 5%). The current split is 30% staking, 20% General Treasury (foundation-managed), and 30% Machine Pool plus 20% Activation Token Provision Pool. The machine pools pay rule-based bonding rewards to machine operators and are not counted. Issued so far ~147M + ~110M = ~257M: ~0.6 x ~240M + 0.2 x ~17M = ~147M, or ~3.1% of 4.457B. If Economics 2.0 started in May 2026 rather than September, the figure is ~2.9%.
Sources: docs.peaq.xyz · tokenomist.ai · docs.peaq.xyz · blockworks.com · cointelegraph.com · eqs-news.com. Researched 2026-10-24, medium confidence.
What a regulator has said
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
How CoinSpectrum ranks peaq
peaq is #66 among cryptocurrencies and #347 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 281 places between peaq's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).
See the 2 wrapped and staked claims on peaq →