peaq (PEAQ)
DePIN-focused L1 on Polkadot. Machine economy infrastructure.
Ranked 199th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
PEAQ scores 88 of 250 across the 25-variable framework, which places it 199th of 251 rated tokens and inside the bottom quartile of the set. The framework verdict is PASS.
The score rests on Holder Concentration 4/10, 58th of 251, TVL Trend 4/10, 65th of 251 and Revenue Trend 4/10, 71st of 251.
Against the same universe, PEAQ sits in the bottom third on Exchange Depth 3/10, 220th of 251, Market Share 2/10, 203rd of 251, Circulating / FDV Ratio 4/10, 203rd of 251 and P/S Multiple 3/10, 182nd of 251. These are the variables that would have to move for the verdict to change.
Only 42.4% of PEAQ's maximum supply is in circulation, so 2.36x the current float is still scheduled to arrive. Holding price per token flat while the rest enters circulation implies 57.6% of the fully diluted value sitting ahead of today's holders. That is a heavy overhang: most of the eventual supply has not reached the market yet.
PEAQ trades 97.6% below its all-time high of $0.7505. Recovering that level is a 41.7x move, not a 97.6% one, which is the arithmetic most drawdown charts hide.
The framework score gained 88 points against the previous pass (0 to 88). Revisions of this size follow a change in the underlying variables, not a change in price.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 2 | 166th of 251 | |
| Revenue Trend | 4 | 71st of 251 | |
| P/S Multiple | 3 | 182nd of 251 | |
| Real Staking Yield | 3 | 143rd of 251 |
Supply
| Supply Inflation | 4 | 146th of 251 | |
| Vesting Schedule | 4 | 181st of 251 | |
| Circulating / FDV Ratio | 4 | 203rd of 251 | |
| Buyback and Burn | 2 | 114th of 251 |
Ownership
| Smart Money Flows | 4 | 93rd of 251 | |
| Insider Selling | 4 | 151st of 251 | |
| Holder Concentration | 4 | 58th of 251 |
Traction
| TVL Trend | 4 | 65th of 251 | |
| Active Users | 3 | 149th of 251 | |
| Developer Activity | 5 | 83rd of 251 | |
| Network Growth | 4 | 100th of 251 |
Position
| Market Share | 2 | 203rd of 251 | |
| Competitive Moat | 3 | 175th of 251 | |
| Institutional Adoption | 3 | 115th of 251 | |
| Exchange Depth | 3 | 220th of 251 | |
| Social Mindshare | 3 | 157th of 251 |
Risk
| Regulatory Safety | 5 | 102nd of 251 | |
| Catalyst Calendar | 4 | 90th of 251 | |
| BTC Alpha Potential | 3 | 114th of 251 | |
| Team Execution | 4 | 147th of 251 | |
| Treasury Runway | 4 | 181st of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
DePIN network growth; real-world asset tokenization partnerships.
Principal risk
Early-stage adoption; competition from IoT blockchains like Helium.
Market and supply
| Price | $0.0180 |
| Market cap | $43.3Mrank 467 |
| All-time high | $0.750510 Dec 2024 |
| Circulating supply | 2,403,502,791 |
| Eventual supply (max supply) | 5,667,620,229 |
| Dilution to full supply | 2.36x |
| Listed on | KuCoin, Gate.io, Bybit |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to PEAQ measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Common questions
- What is the Early Thunder score for peaq (PEAQ)?
- PEAQ scores 88 out of 250 on the 25-variable framework, ranking 199th of 251 rated tokens (bottom quartile). The framework verdict is PASS.
- What are PEAQ's strongest fundamentals?
- PEAQ ranks highest on Holder Concentration 4/10, 58th of 251, TVL Trend 4/10, 65th of 251 and Revenue Trend 4/10, 71st of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the PEAQ thesis?
- PEAQ scores in the bottom third of the universe on Exchange Depth 3/10, 220th of 251, Market Share 2/10, 203rd of 251, Circulating / FDV Ratio 4/10, 203rd of 251 and P/S Multiple 3/10, 182nd of 251. The single risk carried on the scorecard is: Early-stage adoption; competition from IoT blockchains like Helium.
- How much PEAQ supply is still to enter circulation?
- 42.4% of eventual PEAQ supply is circulating today, leaving 2.36x the current float still to arrive. At a flat price per token that is 57.6% of fully diluted value ahead of current holders.
- How far is PEAQ from its all-time high?
- PEAQ trades 97.6% below its all-time high of $0.7505. Returning to that high requires a 41.7x move from the level used in this scoring pass.
- Which tokens have a similar profile to PEAQ?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to PEAQ are GOG (86), TRU (102), CTSI (96) and PRCL (80). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for PEAQ?
- DePIN network growth; real-world asset tokenization partnerships.
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.