peaq

peaq is a Layer 1 blockchain designed to let machines, robots, vehicles, sensors, and AI agents participate in economic activity across multiple blockchains simultaneously. The project claims to address the absence of a shared coordination layer that can give physical and digital machines verifiable identities, wallets, and the ability to transact autonomously. It is aimed at developers and enterprises building applications in the machine economy and decentralized physical infrastructure space.

peaq organises itself into three layers: peaqOS onboards machines as economic actors, a Trust Layer handles coordination and reputation scoring backed by staked capital, and a Service Layer connects machines to external markets through a permissionless adapter framework. The PEAQ token functions within this system as the unit for fees, staking, and economic security across those layers. Block time is recorded as zero minutes in the stored data, and no consensus algorithm is specified, so the precise finality and validator mechanics are not available here.

peaq collected fees of 0.03 USD in the last 24 hours, 0.22 USD over the trailing seven days, 1.20 USD over the trailing 30 days, and 121.63 USD over the trailing 12 months; the annualized figure derived from the trailing 30-day window is 14.60 USD. The fee yield, expressed as annualized fees over market capitalization, stands at 0.0000150, meaning fees are a negligible fraction of the network's current market value. Revenue for the 24-hour period, trailing 30 days, and trailing 12 months is each recorded as zero, indicating the protocol retains nothing from the fees that do pass through. The total value locked is 803,028.49 USD against a market capitalization of 96,315,267 USD, producing a market-cap-to-TVL ratio of approximately 123.