peaq (PEAQ) is an economic system designed to enable autonomous machine-to-machine transactions and business operations across various blockchain networks. Operating as a neutral, omnichain coordination layer, peaq aims to equip machines, including robots, vehicles, and AI agents, with verifiable identities, wallets, and the ability to engage in economic activities. This infrastructure is particularly relevant in the expanding decentralized physical infrastructure (DePIN) sector, which currently sees a total market capitalization of $2.69 trillion, with Bitcoin dominance at 58.2% as of May 17, 2026.
| Editorial Check | How to Use It |
|---|---|
| Market snapshot | Confirm price, market cap, volume, rank, and supply before using this overview page. |
| Risk context | Read the PEAQ risk score together with liquidity, volatility, and source quality. |
| Reader action | Treat the page as research context, not a recommendation or execution instruction. |
| Price | $0.02455893 |
| Market Cap | $52.23M |
| 24h Change | -0.14% |
| Market Rank | #486 |
The Core Problem
The increasing automation across industries, from logistics to manufacturing, highlights a growing need for machines to operate autonomously and interact economically without human intervention. Traditional centralized systems often present hurdles in terms of interoperability, trust, and secure data exchange for these machine-to-machine (M2M) interactions. The core problem peaq addresses is the lack of a standardized, trustless, and omnichain framework that allows machines to act as independent economic entities. Without such a system, the full potential of the machine economy, where devices can offer and pay for services, exchange data, and build reputation, remains largely untapped. peaq seeks to bridge this gap by providing the foundational layer for what it terms "Robot Money," enabling any medium of exchange for machines across any chain.
Technology and Operation
peaq is structured into three distinct yet interconnected layers, designed to facilitate a comprehensive machine economy. The foundational Machine Layer (peaqOS) is responsible for onboarding machines as composable economic actors. This involves assigning verifiable identities to devices like robots, vehicles, and sensors, integrating them into the peaq ecosystem. The Trust Layer provides the essential coordination, validation, and economically secured reputation scores, which are backed by staked capital. This layer ensures that machines can interact securely and that their past performance and reliability are recorded and verifiable. Finally, the Service Layer connects these machines to external service markets through a permissionless adapter framework, enabling discovery, scoring, and orchestration of services. This allows machines to find, offer, and transact for services in a decentralized manner.
A key technological aspect of peaq is its chain-neutral design. This means peaq operates as a shared trust and coordination layer for machines across existing blockchains. A machine onboarded through peaq can exist across all supported chains simultaneously, facilitating seamless cross-chain interaction. This architecture is crucial for a future where diverse machines and applications, potentially residing on different blockchain networks, need to communicate and transact. Unlike some single-chain solutions, peaq's omnichain approach aims for broader compatibility and scalability. For instance, while projects like IOTA also focus on M2M payments and data integrity, peaq differentiates itself by emphasizing a neutral, omnichain coordination layer that abstracts away the underlying blockchain complexities for machines.
Token Economics
The PEAQ token is integral to the peaq ecosystem, serving multiple use cases that underpin its operational and economic model. As a Layer 1 (L1) token, PEAQ functions as the native currency for transaction fees, ensuring the network's security and incentivizing participants. Staking PEAQ tokens is crucial for securing the network and participating in its governance, allowing holders to contribute to the platform's evolution. Furthermore, PEAQ tokens are used for reputation scoring, where staked capital backs the verifiable reputation of machines, fostering trust within the M2M economy. It also facilitates cross-chain settlement guarantees, ensuring that transactions between machines across different blockchain environments are reliably executed.
From a supply perspective, peaq has a circulating supply of 2,121,732,485.56 PEAQ and a total supply of 4,406,785,536.54 PEAQ. The maximum supply is capped at 5,667,620,228.64 PEAQ. The presence of a maximum supply suggests a deflationary or controlled inflationary model over time, which can be a factor in long-term value propositions. The fully diluted valuation (FDV) stands at $105,789,886, indicating the project's potential market cap if all tokens were in circulation. These tokenomics are designed to create a self-sustaining economic loop where demand for machine services drives demand for the PEAQ token, and staking provides network security.
Market Analysis
As of May 17, 2026, peaq (PEAQ) is trading at $0.02455893, with a market capitalization of $52.23M, positioning it at #486 in the cryptocurrency rankings. The token has experienced a -0.14% change in the last 24 hours. Over a 30-day period, PEAQ's price ranged from a low of $0.014510 to a high of $0.029710, with an average price of $0.018065, reflecting a significant 76.98% change. Looking at a 1-year window, the token recorded a high of $0.143074 and a low of $0.012320, with an average price of $0.054951, marking an 81.02% decrease.
peaq's All-Time High (ATH) was $0.750473, reached on December 10, 2024. The current price represents a -96.78% deviation from its ATH. Conversely, its All-Time Low (ATL) was $0.01219919, recorded on March 15, 2026. The substantial difference between its ATH and ATL indicates considerable historical volatility. While the broader market has seen top performing sectors like "Charms Ecosystem" (+30.6%) and "Moltbook and Openclaw-Themed" (+22.9%) in recent times, peaq's performance is more closely aligned with the DePIN narrative, a sector that is gaining increasing attention.
TokenRadar Research
TokenRadar's proprietary metrics offer a deeper insight into peaq's market characteristics. With a Risk Score of 7, peaq is categorized as having a high risk level. This high-risk assessment is often associated with newer projects, tokens with significant price volatility, or those in emerging, less mature sectors. Despite the high risk, peaq boasts a Growth Potential Index of 84, suggesting substantial upside potential. This indicates that while the path may be volatile, the underlying technology and market opportunity are considered significant by TokenRadar's models.
The Narrative Strength for peaq is 78, signifying a strong alignment with current and future market trends, particularly within the DePIN, Robotics, and Layer 1 sectors. This strong narrative strength suggests that the project resonates well with evolving industry demands for decentralized machine economies. The Value Vs. ATH is 3, which aligns with the -96.78% ATH change, indicating that the token is currently trading significantly below its historical peak. The Volatility Index is 84, reinforcing the high-risk assessment and suggesting that peaq's price movements can be substantial in either direction. The holder concentration estimate is currently "unknown," which can sometimes be a factor in assessing potential market manipulation or centralized control. These metrics collectively paint a picture of a project with considerable ambition and potential, but also one that carries inherent market risks.
Potential Headwinds
Despite its innovative approach, peaq faces several potential headwinds. The nascent stage of the decentralized machine economy presents both opportunities and challenges. Technological adoption is a primary concern; convincing a diverse range of hardware manufacturers and service providers to integrate with peaq's omnichain framework will require significant outreach and developer support. The complexity of managing verifiable identities and reputation for a vast number of machines across multiple blockchains also poses considerable technical hurdles.
Competition is another significant factor. While peaq distinguishes itself with an omnichain approach, other projects are also vying for dominance in the DePIN and machine economy space. Filecoin, for example, focuses on decentralized storage, enabling a machine economy around data, while IOTA has long been a proponent of M2M transactions and the Internet of Things (IoT) with its Directed Acyclic Graph (DAG) architecture. These established players, along with emerging solutions, create a competitive landscape where peaq must consistently innovate and demonstrate superior value. Regulatory uncertainty surrounding decentralized autonomous organizations (DAOs) and machine economies could also impact peaq's operations and growth. Furthermore, the high volatility indicated by its Volatility Index of 84 means that price fluctuations could be substantial, potentially affecting investor confidence and project stability. The "unknown" holder concentration estimate also introduces a degree of uncertainty regarding market dynamics.
FAQ
Q1: What problem does peaq (PEAQ) primarily solve?
A1: peaq aims to solve the problem of enabling machines (robots, vehicles, AI agents) to become autonomous economic actors by providing a neutral, omnichain coordination layer for verifiable identities, wallets, reputation, and cross-chain transactions.
Q2: How does peaq achieve its "chain-neutral" design?
A2: peaq operates as a shared trust and coordination layer that allows machines onboarded through its system to exist and interact across various supported blockchains simultaneously, abstracting away underlying chain specificities.
Q3: What are the main use cases for the PEAQ token?
A3: The PEAQ token is used for transaction fees, network security through staking, backing machine reputation scores, and facilitating cross-chain settlement guarantees within the peaq ecosystem.
Q4: How does peaq compare to other DePIN projects like Filecoin or IOTA?
A4: While projects like Filecoin focus on decentralized storage and IOTA on M2M payments and IoT data integrity, peaq differentiates itself by providing a broader, omnichain coordination layer specifically designed for machines to act as autonomous economic actors across any blockchain.
Q5: What does TokenRadar's high Risk Score for peaq signify?
A5: A high Risk Score of 7 from TokenRadar indicates that peaq is a project with significant price volatility and is operating in an emerging, less mature market sector, suggesting higher potential for both gains and losses.
Continue Research
Use this PEAQ overview as the starting point, then open the price scenario page for upside, base, and downside conditions or the buying checklist for venue, fee, custody, and network verification. To compare peaq with broader research concepts, review market cap basics, FDV and dilution, and liquidity depth. Moving through those pages gives the market snapshot a clearer decision framework without turning this article into a buy or sell recommendation.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research (DYOR).
