Buy & Swap peaq (PEAQ)

Machines as a new asset class

peaq's headline claim is that machines are entering the economy, and it wants to turn them into a new asset class. With its stack, it says, machines become autonomous economic actors that can do business, and also liquid, investible assets.

Its main product is peaqOS, framed around three steps. Activate: turn machines into trusted financial assets and actors. Finance: help makers sell more machines by financing them for their clients. Scale: let machines earn, invest and compound their value.

The site also lists machine money markets, machine financing, a machine explorer and a launch guide for builders.^{[1], [2]}

Apps already built on peaq

peaq showcases a range of apps using its stack. SkyX layers cloud weather data for businesses and governments and reports more than 125TB of weather data.

Silencio captures real-world audio from people in more than 180 countries and reports over 1.2 million people providing data. Teneo collects real-time social data through a decentralised physical network and reports over 6 million people setting up nodes. DeNet turns everyday computers and phones into storage providers, also citing over 6 million users and watcher nodes.

XMAQUINA, focused on humanoid robotics, aims to make that industry open and community-owned and cites a DAO treasury of more than $35 million.^{[3], [4], [5]}

The network in numbers

Across its ecosystem, peaq reports more than 6 million robots, machines and humans onboarded, more than 60 apps using its stack, 22 industries being reshaped, and more than 48 million transactions done by machines.

These are the project's own figures, shown on its homepage at the time of reading.^[6]

Partners and where it's heading

Recent news on the site includes a partnership with Doosan Robotics on physical AI, aimed at financing robots and monetising their spare capacity.

peaq also says it hosted a challenge at what it calls Europe's largest robotics hackathon, alongside NVIDIA, Universal Robots, NEURA and Doosan. A recent post argues the machine economy needs better token models.

The site is run by the Peaq Foundation, and links to a Purple Paper, docs, an economics page, a MiCA whitepaper and a list of token contracts.^{[7], [8], [9]}

What PEAQ does on the network

The official tokenomics documentation gives PEAQ three direct jobs. It pays transaction fees, it is staked by the participants who produce blocks and can be slashed when they break the rules, and it carries governance rights over the network. That connects the token to the machinery underneath peaqOS rather than to one featured robotics app.

peaq recorded 4.2 billion PEAQ at genesis. Its documentation specifically distinguishes genesis supply from a permanent maximum, an important detail for anyone reading a fixed number on a market page. Future supply therefore depends on the network's published economics rather than on a hard cap assumed here.

The chain also has two forms of the asset. Native PEAQ exists at protocol level, while WPEAQ is an ERC-20-compatible wrapped version. peaq publishes official addresses and warns about impostor tokens, so checking the contract and destination network is part of using it safely.^{[10], [11], [12]}

Token role and supply

The documentation states PEAQ's roles and genesis supply, but it does not describe 4.2 billion as a permanent maximum. The future circulating supply and live staking return are UNKNOWN here rather than inferred.^[9]