LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
TVL $16.7B+8.9%Polygon · Ethereum · ApeChain +76
Ecosystem guide
The Peaq ecosystem
The best dApps on Peaq by sector: DeFi, games, NFTs and more. 6 projects tracked, 6 reviewed in full.
Full Peaq ranking →- dApps
- 6
- Reviewed
- 6
- TVL tracked
- $689K
- Native token
- PEAQ
Peaq is a Layer 1 blockchain built for DePIN, meaning decentralized physical infrastructure networks, and for what it calls the machine economy. It is built on Substrate, a framework from the Polkadot ecosystem, and it is EVM-compatible, so developers can deploy Ethereum-style smart contracts and use familiar wallets and tooling. A signature feature is self-sovereign Machine IDs, which give devices such as sensors, vehicles and robots their own blockchain-based identities so they can interact and be paid without a central intermediary.
The native token is PEAQ. As on most Layer 1 chains, it is used to pay network fees for transactions and smart contract calls, and it also plays a role in the network's staking and incentive design. Check the official docs for the current token mechanics and fee levels before you transact, as these can change.
The on-chain DeFi scene is small. At the time of writing, total DeFi TVL is about $720K. The native dApps here are two decentralized exchanges, MachineX CL and MachineX Legacy, which focus on trading DePIN and machine-economy tokens. Larger names on this page, such as LayerZero V2 for cross-chain messaging, Gate and Gate US for centralized exchange access, and the yield aggregator vfat.io, operate across many chains rather than being specific to peaq. Treat this as an early-stage ecosystem and do your own research.
Peaq ecosystem in numbers
- Tracked
- 6
- Reviewed
- 6
- Total TVL
- $22.7B
- Avg. score
- 7.0/10
Largest by TVL
- 1
LayerZero V2$16.7B
- 2
Gate$5.84B
- 3
Gate US$54.0M
- 4
vfat.io$31.4M
- 5
MachineX CL$634K
Highest rated
- 1
- 2
- 3
- 4
- 5
Reviewed
Top-rated dApps on Peaq
vfat.io is a non-custodial, multi-chain yield aggregator and portfolio manager built on the Sickle smart contract wallet, for active DeFi farmers.
TVL $31.4M−2.2%Base · Ethereum · Hyperliquid L1 +33
Gate is a centralized crypto exchange founded in 2013 offering spot, futures, stocks and earn products for traders who want one multi-asset account.
TVL $5.84B−4.6%Ethereum · Bitcoin · BNB Chain +129
Gate US is the US-incorporated arm of the Gate crypto exchange, a centralized platform for American individuals and institutions.
TVL $54.0M+4.6%Ethereum · Solana · BNB Chain +66
MachineX CL is a small decentralized exchange on the peaq network for trading DePIN and machine-economy tokens.
TVL $634K−7.8%Peaq
MachineX Legacy is a small decentralized exchange on the peaq network for trading DePIN and machine-economy tokens.
TVL $54.6K−0.5%Peaq
By sector
Best Peaq dApps by sector
DeFi on Peaq5
- 1
- 2
- 3
- 4
- 5
MachineX Legacy5.4
Infrastructure on Peaq1
- 1
Tokens
Top tokens on Peaq
Peaq's native coin is peaq (PEAQ). The largest tokens with a contract on Peaq, by market cap.
| # | Token | Price | 24h | 7d | Market cap | Volume 24h |
|---|---|---|---|---|---|---|
| 421 |  AcurastACU | $0.1201 | +0.5% | −4.3% | $52.4M | $2.25M |
| 643 |  AukiAUKI | $0.005738 | −5.4% | +3.9% | $30.4M | $25.6K |
| 1001 |  ANyONe ProtocolANYONE | $0.1534 | −8.7% | −4.2% | $14.8M | $250K |
| 1197 |  SilencioSLC | $0.0002688 | −5.8% | +9.8% | $10.6M | $208K |
| 1362 |  XMAQUINADEUS | $0.0144 | −1.5% | −1.7% | $8.16M | $52.4K |
| 1688 |  Codec FlowCODEC | $0.004933 | −15.6% | −3.3% | $4.93M | $162K |
| 1845 |  Rice AIRICE | $0.005105 | −11.4% | −14.9% | $3.93M | $115K |
| 4178 |  Homebrew RoboticsBREW | $0.0003732 | −21.7% | −26.4% | $373K | $5.59K |
Guides
Peaq guides
Blockchain
Blockchain Examples and How They WorkLearn how blockchains record and verify transactions, how consensus keeps a shared ledger in sync, and how Bitcoin, Ethereum and other networks put the technology to work. See practical examples, key trade-offs and ways to assess whether a blockchain is a good fit.
Blockchain
Blockchain for Data: Uses, Limits and How It WorksBlockchains can create shared records that are difficult to alter, but they are not a general-purpose replacement for databases or file storage. Learn what belongs on-chain, how blockchains connect to outside data, and when the trade-offs make sense.
Blockchain
Casper Network and CSPR: A Practical Guide for 2026Casper Network is a proof-of-stake blockchain, and CSPR is its native token. This guide explains the network’s purpose, how CSPR is used, and what to check before staking or transacting.
Blockchain
Cosmos Network Guide: Chains, IBC and ATOM in 2026Cosmos is an ecosystem of independent blockchains, not one chain that processes every app and token. Learn how the Cosmos Hub, Cosmos SDK and IBC fit together, what ATOM does, and how to assess transfers, staking and risks in 2026.
Blockchain
How the Bitcoin Lightning Network WorksThe Bitcoin Lightning Network moves payments through channels that sit on top of Bitcoin, so most transfers do not need their own blockchain transaction. Learn how channels, routing, fees and liquidity work, and what to consider before using Lightning.
Blockchain
How to Mine Cryptocurrency on Android in 2026Android phones can run mining software, but their limited processing power, battery drain and heat make profitable mining unlikely. Learn how to assess the risks, try a small proof-of-work experiment safely, and spot apps that only simulate mining or sell cloud contracts.
Peaq FAQs
What is the peaq network?
Peaq is an EVM-compatible Layer 1 blockchain built for DePIN (decentralized physical infrastructure networks) and machine economies. It is designed so devices, robots and sensors can have on-chain identities and transact with each other. Its native token is PEAQ.
Is peaq EVM compatible?
Peaq is built on Substrate, a framework from the Polkadot ecosystem, and it supports EVM-compatible smart contracts. In practice, developers can use familiar Ethereum-style tools and wallets, while the base chain adds features aimed at machines, such as self-sovereign Machine IDs.
What is the PEAQ token used for?
PEAQ is the native token of the network. It is used to pay transaction fees and takes part in the chain's economics. Check the current tokenomics documentation for details on staking and supply, since these can change over time.
How many dApps are listed for peaq on this site?
Our site lists 6 dApps connected to peaq. Only two of them, MachineX CL and MachineX Legacy, are decentralized exchanges that run on peaq itself. The others, including LayerZero V2, Gate, Gate US and vfat.io, are multi-chain services or centralized exchanges that support or touch several networks.
Which DEXes can I use on peaq?
MachineX CL and MachineX Legacy are small DEXes on peaq for trading DePIN and machine-economy tokens. At the time of writing, MachineX CL holds about $700K in TVL and MachineX Legacy about $55K. Liquidity is thin, so expect larger price impact on bigger trades.
How big is DeFi on peaq?
Peaq's DeFi TVL is about $720K at the time of writing, which is small next to major chains. That means a young and thinly traded ecosystem. Smaller pools can bring higher slippage and added risk, so review each dApp carefully and only use funds you can afford to lose.
What is the largest dApp on Peaq by TVL?
LayerZero V2 is the largest dApp on Peaq by total value locked, with $16.7B across all the chains it supports. It is followed by Gate ($5.84B) and Gate US ($54.0M). TVL figures come from DefiLlama and change daily.
Which dApp on Peaq has the highest DappsAtlas score?
LayerZero V2 has the highest score at 8.0/10, ahead of vfat.io (7.8) and Gate (7.7). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many dApps are on Peaq?
DappsAtlas tracks 6 dApps on Peaq. Of these, 6 have a full review and 6 report value locked, $22.7B in total, counting value on every chain they support.
What are the most common types of dApps on Peaq?
Centralized Exchanges (2), DEXes (2) and Bridge (1) are the largest categories on Peaq, by number of projects.
Which dApps on Peaq grew the most this week?
Among dApps with at least $1M locked, LayerZero V2 had the biggest 7-day TVL gain (+8.9%) and Gate the biggest drop (−4.6%). Combined TVL moved +5.0% over the same seven days.
What is the average score for dApps on Peaq?
The 6 rated dApps on Peaq average 7.0 out of 10. Of these, 1 score 8 or higher and 0 score below 5.