Live network

Tracking network growth and token consumption

Machines activate by bonding PEAQ: held for the subscription period, unwound when they leave, half of it burned.

Activated machines

2,540,450

2,539,987 on economics 2.0 tiers

Total PEAQ bonded

17,271,084 PEAQ

Held against activated machines for their subscription period.

Share of circulating supply

0.67%

of the 2.58B PEAQ in circulation today

Economic weight

$692,368.90

at 0.0401 USD / PEAQ, market rate

Activated machines

01Activation

Machines activate on tiers

Higher tiers unlock more peaqOS services, at a lower effective cost of using them.

Tier 0

Entry

$0.02 / year

≈ 0.499 PEAQ at the oracle rate

Sensors, trackers and meters: identity and market access at negligible cost.

Fee rate 1.00× · 1 point / period

1,177 machines

<0.1% of machines on tiers

Tier 1

Basic

$0.20 / year

≈ 4.994 PEAQ at the oracle rate

Machines that transact regularly: drones, chargers, vending.

Fee rate 0.50× · 2 points / period

2,538,742 machines

100.0% of machines on tiers

Tier 2

Pro

pilot

$40.00 / year

≈ 999 PEAQ at the oracle rate

Robots, vehicles and energy systems running on financing-grade trust.

Fee rate 0.25× · 5 points / period

68 machines

<0.1% of machines on tiers

2,539,987 machines on economics 2.0 tiers, 3 tiers open · tier pricing is set in dollars through governance · pilot tiers shown at indicative pricing, per the economics 2.0 paper

02Bonding

What today's activated machines mean for supply

17,271,084 PEAQ is bonded by 2,540,450 activated machines today.

Activated machines vs. PEAQ bonded · last 14 days

Bonded at activation

17,271,084 PEAQ

What machines put up to sit on their tier: one bond per machine, plus the top-up when a machine moves to a higher tier. Summed from the indexed events, so during a run it trails the contract total above by the indexing lag.

Bonded through renewals

0 PEAQ

What renewals have added on top of the activation bonds.

PEAQ required to renew

12,746,868 PEAQ

If every machine renews on its current tier, at the paper's price and the oracle rate.

All activated machines renew

30,017,489 PEAQ bonded

Already bonded17,270,621 PEAQ

Added by renewal+12,746,868 PEAQ

Stays bonded, worth $1.2M at the current rate.

No activated machine renews

8,635,311 PEAQ burned

Burned forever8,635,311 PEAQ

To treasury8,635,311 PEAQ

The full bonded base unwinds: half is destroyed permanently ($346,175), half goes to the treasury.

Both bars share one scale, on the economics 2.0 bond. No renewal releases it over a 14-day grace window and a 14-day runoff.

03Supply

Bonding against the supply schedule

PEAQ supply today and to 2030, and how many PEAQ it takes to bond a growing machine base at different PEAQ prices.

Circulating supply

2.58B PEAQ

in circulation today, the figure peaq reports to CMC and CoinGecko

Total supply

4.45B PEAQ

minted so far

Max supply

5.67B PEAQ

reached around 2041 per the economics 2.0 paper

Staked with validators

846.08M PEAQ

19.0% of total supply, behind the validator set

Circulating supply · last 12 months

Trend per CoinGecko.

Supply schedule · 2026 to 2030

From the economics 2.0 paper, year-start values. Dots: today, live.

PEAQ needed to bond a growing machine base

At today's average settled bond of $0.20 per machine, for five PEAQ prices.

Max supply bonds 564M machines at $0.02 per PEAQ and 28.2B at $1.00; today's circulating supply bonds 12.82B at $1.00.

04Network revenue

What machine activity generates

Beyond activation, machines pay coordination and service fees, settled in any currency the network supports. Fee flows and their split are still being finalized through governance.

Activation revenue

From activation and renewal bonding, in dollars. Machines migrated through the hub count at the oracle rate when they bonded, until they migrate for real.

$510,486

trailing 12 months

$272,889

last 30d

$510,492

if all renew at tier price, per year

$510,486

all-time

Coordination & service revenue (Q1 2027)

Coordination and service fees collected on peaq, across supported currencies.

$0.00

trailing 12 months

$0.00

last 30d

currencies

$0.00

all-time

What coordination revenue arrives in

Last 30 days, on peaq. Total $0.00 across the priced currencies.

PEAQ

no fees yet

ETH

no fees yet

SOL

no fees yet

USDT

no fees yet

USDC

no fees yet

Coordination fees are collected in the currency of the chain where the event happens; this page counts the fees collected on peaq. Total network revenue · $272,889 last 30 days

05How it works

Machine activation: from dollar price to economic weight

peaqOS activates

Identity created onchain.

Operator pays in dollars

The oracle stamps the PEAQ/USD rate, recorded as an onchain event.

Pool swaps USD to PEAQ

USD proceeds: 50% treasury, 50% trust validator staking.

PEAQ bonds to the ID

Permanent: not escrow, not recoverable.

Economic weight created

Grows with every renewal.

Want the full mechanics?

Issuance, the PEAQ Flow split, trust staking, and governance parameters.

Learn more about peaq economics