peaq ranks #64 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #301: 237 of the 300 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 311 non-native assets CoinSpectrum lists above it by market cap, about 52% are tokens, 42% are claims on other assets and 6% are memecoins.
| CoinSpectrum Grade | C · 55/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #64 |
| Rank counting claims | #301 |
| Market capitalisation | $89M |
| Price | $0.0345 |
| Circulating supply | 2,593,364,316 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 28 October 2026 build. Open the live view for every exchange's price, and charts.
C — 55 out of 100, provisional (from 18 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 49 to 61 (D to C).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 9.1 | group average |
| Consensus: leader ladder | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 4 | group average, 10 of 12 measured |
| Sound Money Properties (6 checks) (Source) | 7.2 | 4.3 of 6 points source |
| Scarcity (Limited supply · 1 Store of value · Whitepaper §6) | 3.4 | fixed maximum supply of 5.67 billion, but an issuer or vote can mint outside the schedule: supply scale 6.8, cap 0 |
| Durability (Sustainability · 1 Store of value) | ✗ | 1 full year since its first recorded price, no halt, freeze or reversal in five years |
| Fungibility (Interchangeability · 3 Unit of account) | ✓ | every unit identical and worth any other |
| Portability (Scalability · 2 Medium of exchange) | ✓ | typical fee $0.00007; about 522 transactions a second, 7.4 on the throughput scale (5 is the busiest networks' median demand) |
| Divisibility (Flexibility · 3 Unit of account) | ✓ | 18 decimal places, the smallest unit worth $3.4e-20 |
| Verifiability (Authenticity check · 1 Store of value · Whitepaper §8) | ✓ | node software open source; light clients verify from headers or proofs |
| Scalability (fees, throughput, block time, block space, features) | 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; 119, 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 (32 MB or more 10) | 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 §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. |
| Security (miner pay and 7 checks) | 3.9 | 3 of 7 points, 2 not yet measured source |
| Miner pay (A day, $1,000 0 to $10 million 10; 2 points) | 0 | not mined |
| Own hashrate (Half its algorithm's largest, not merge-mined) | ✗ | not mined |
| Largest pool (Pool or validator under 50%) | – | |
| Largest three (Under 75% together) | – | |
| Clients (More than one maintained) | ✗ | 1 |
| Open source (Node software) | ✓ | peaq-network-node (Apache 2.0) is developed by EoT Labs, the company behind peaq, which sets its roadmap. |
| Real use (1,000+ transactions a day) | ✓ | about 80,000 a day |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Decentralisation | 3.3 | section average, 6 of 8 measured |
| Censorship resistant (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) | 8.6 | Proof of stake: 8.6 of 10 on the ladder of who produces blocks |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | 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 | 0.6 | Sold by its issuer or insiders: 94% of supply was theirs to sell, 37.6% sold so far. 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 |
| Privacy | 2 | section average |
| Privacy (5 checks) | 2 | 1 of 5 passed source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | ✓ | Any secp256k1 key can hold and send PEAQ; the chain's account and transfer rules carry no identity check. |
| UTXO ledger (A new key for each payment · Whitepaper §2, §9) | ✗ | |
| Network privacy (Origin hidden by default) | ✗ | Substrate gossip relays extrinsics directly. |
| Hidden amounts (Amounts confidential) | ✗ | No confidential transactions. |
| Hidden parties (Sender and receiver hidden) | ✗ | No sender or receiver hiding. |
| Programmability (tokens, contracts, 5 checks) | 8.9 | 8 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 exchange (Built into the protocol) | ✗ | No exchange pallet in the runtime. |
| 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. |
| Supply & Demand | 7 | group average |
| Supply & Demand (Source) | 7.2 | average of 6 measures |
| Exchanges (10 or more: 10) | 10 | 21 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 4.3 | $815,363 traded in 24 hours; #565 by volume on the exchanges the site reads (scored on the median day of the last 30, $1,373,854) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 6.9 | 1.3% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 8.7 | $362,577 within 2% of the price on 5 exchanges, 0.41% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 4.9 | $89M, 4.9 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 8.6 | futures, options and margin positions 1.9% of its market cap |
| Supply (smaller is better) | 6.8 | fixed maximum supply of 5.67 billion |
| Record | 5.7 | group average |
| Record (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 | ✓ | |
| 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, improvements, unfixed issues) | 6 | 1 positive, 0 negative, 3 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 121 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 | – | |
Twenty criteria, weighted equally. The Cryptocurrency Standards have five sections: sound money (six qualities: scarcity, durability, fungibility, portability, divisibility, verifiability), scalability (four measures and three features), security (miner pay and seven checks), decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share) and privacy (five checks); programmability (token issuance, smart contracts and five checks) follows them. Provisional: criteria 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.
2,593,364,316 of a maximum 5,667,620,229 PEAQ are in circulation — 45.8% of the total that will ever exist.
| 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.
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.
peaq is #64 among cryptocurrencies and #301 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 237 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 →