peaq

Peaq is a Layer 1 blockchain designed to let machines — robots, vehicles, sensors, and AI agents — participate in economic activity autonomously across multiple blockchains. It claims to address the problem of machines lacking the infrastructure to transact, identify themselves, or build reputations without human intermediaries. The intended users are developers and businesses building applications where physical machines need to interact with digital economic systems.

Peaq is structured in three layers: a machine onboarding layer called peaqOS that gives devices composable economic identities and wallets, a trust layer that handles coordination and reputation scoring backed by staked capital, and a service layer that connects machines to external markets through a permissionless adapter framework. The protocol describes itself as chain-neutral, meaning a machine registered on peaq is simultaneously discoverable and transactable on every supported blockchain. The consensus algorithm and block time are not recorded in the stored data, so those mechanical details cannot be described here.

The protocol generated annualized fees of approximately 7.79 US dollars based on the trailing 30 days, with fees of 0.02 US dollars in the most recent 24-hour period, 0.11 US dollars over the trailing 7 days, and 0.64 US dollars over the trailing 30 days. Revenue to the protocol itself was zero over the past 24 hours, the past 30 days, and the trailing 12 months, meaning the protocol currently retains nothing from whatever fees are collected. The fee yield — annualized fees expressed as a percentage of market capitalization — stands at 0.000013 percent, an extremely small figure relative to the roughly 58.6 million US dollar market capitalization. Because protocol revenue is zero across all measured periods, any fee-based valuation metrics on this page are effectively without a denominator.