peaq

peaq is a layer 1 blockchain for robots, vehicles and devices; PEAQ pays fees, is staked to secure the network and is bonded when machines activate.

peaq is a blockchain built for machines. It gives robots, vehicles, sensors and other devices an onchain identity, a wallet and a record of what they have done, so that they can earn, pay and be financed. Its software layer, peaqOS, also works across other blockchains. peaq says the network has 3.3 million machine identities and more than 60 applications.

PEAQ pays transaction fees, is staked by validators and delegators to produce blocks, and gives votes in governance. Since 7 September 2026, under an upgrade called Economics 2.0, every machine that activates must bond PEAQ, and new tokens and fees are split between staking, a pool for machine operators, the treasury and a pool that supplies bonds.

The supply was 4.2 billion PEAQ at launch in November 2024 and grows by inflation that started at 3.5% a year and falls toward 1%, up to a hard cap of about 5.67 billion. Investors received 34% and the team entities 20%, vesting with every block over two to three years.