peaq ranks #64 of 508 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #302: 238 of the 301 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 314 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 · 57/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #64 |
| Rank counting claims | #302 |
| Market capitalisation | $89M |
| Price | $0.0344 |
| Circulating supply | 2,593,262,012 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 — 57 out of 100, provisional (from 15 of 17 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 50 to 64 (D to B).
| 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 | 5.7 | group average, 4 of 6 measured |
| Properties (10 whitepaper checks) (Source) | 2.2 | 2 of 10 passed, 1 not yet measured source |
| Anyone can mint (permissionless) | ✓ | NPoS (Substrate) |
| Limited supply | – | an issuer or vote can mint outside the schedule |
| No pre-issuance or developer mint | ✗ | |
| No developer tax | ✗ | |
| No authority that 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. |
| No central team | ✗ | peaq-network-node (Apache 2.0) is developed by EoT Labs, the company behind peaq, which sets its roadmap. |
| Fees under one cent | ✓ | typical fee $0.00007 |
| Payments safe to accept within seconds | ✗ | 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. |
| UTXO ledger | ✗ | |
| Privacy built into the protocol | ✗ | |
| Scalability (fees, throughput, block time, block space) | 8 | average of 4 measures source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.00007 |
| Throughput (1,000 transactions a second or more 10) | 9.1 | 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 |
| Security (9 checks) | 3.9 | 3 of 9 passed, 2 not yet measured source |
| Miners paid over $1 million a day | ✗ | not mined |
| Miners paid over $100,000 a day | ✗ | |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | ✗ | not mined |
| Largest pool or validator under 50% | – | |
| Largest three under 75% | – | |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | peaq-network-node (Apache 2.0) is developed by EoT Labs, the company behind peaq, which sets its roadmap. |
| Real on-chain use: 1,000+ transactions a day | ✓ | about 80,000 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Decentralisation: who can mint (Source) | 8.6 | Proof of stake: 8.6 of 10 on the ladder of who produces blocks |
| Decentralisation: nodes (Source) | — | Not yet counted |
| Decentralisation: holder concentration (Source) | — | Not yet measured |
| Capabilities (protocol features) | 3.3 | 2 of 6 passed source |
| Decentralisation | ||
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | Substrate gossip relays extrinsics directly. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | Substrate parachain: smoldot can follow it via relay-chain GRANDPA finality. |
| Scalability | ||
| Pruned nodes: a full node can validate and drop old history | ✓ | Substrate --state-pruning and --blocks-pruning. |
| Native payment channels or instant payments | ✗ | No payment channels. |
| Security | ||
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | No confidential transactions. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | No sender or receiver hiding. |
| Issuance | 3.6 | group average |
| 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 |
| Supply & Demand | 5.6 | group average |
| Supply & Demand (Source) | 6.4 | average of 6 measures |
| Exchanges (10 or more: 10) | 10 | 21 exchanges |
| Volume rank among the top 200 | 0 | $1,032,138 traded in 24 hours; #566 by volume on the exchanges the site reads (ranked 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 | $351,434 within 2% of the price on 5 exchanges, 0.39% 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 |
| Futures exposure (open interest ÷ market cap, less is better) | 8 | perpetual open interest 1.9% of its market cap |
| Supply (smaller is better) | 4.8 | fixed maximum supply of 5.67 billion |
| Record | 6.3 | 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) | 8 | 2 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. |
| Token issuance at protocol level, validated by its own nodes, +2 | ✓ | ERC-20 contracts on the EVM built into the peaq chain, open to any account. |
| 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 | – | |
Seventeen criteria, weighted equally. The Cryptocurrency Standards group four parts: properties (ten checks drawn from the Bitcoin whitepaper), scalability (four measures), security (nine checks) and decentralisation (three scales). 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.
2,593,262,012 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 #302 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 238 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 →