PEN (PEN) Tokenomics

PEN (PEN) Tokenomics

Discover key insights into PEN (PEN), including its token supply, distribution model, and real-time market data.
Page last updated: 2026-04-23 07:14:31 (UTC+8)
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PEN (PEN) Tokenomics & Price Analysis

Explore key tokenomics and price data for PEN (PEN), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.

Market Cap:
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Total Supply:
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Circulating Supply:
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FDV (Fully Diluted Valuation):
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All-Time High:
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All-Time Low:
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Current Price:
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PEN (PEN) Information

Pentagon Games is building a multichain entertainment hub powered by its zkEVM-based Pentagon Chain, offering secure, immersive, AI-driven 3D experiences, integrating brands and IP with Web3 technologies, and driving mass adoption and cross-chain interoperability.

In-Depth Token Structure of PEN (PEN)

Dive deeper into how PEN tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.

The PENGU token is the native asset of the Pudgy Penguins ecosystem, primarily deployed as an SPL token on Solana, while also utilizing LayerZero OFT technology to exist as an ERC-20 token on Ethereum and Abstract.

Issuance Mechanism

PENGU has a fixed maximum supply of approximately 88,890,000,000 (88.89 billion) tokens. As a meme-based asset, its issuance was designed to facilitate broad distribution within its community. A significant portion of the initial supply was distributed via an airdrop mechanism. Notably, the team originally planned for the airdrop claiming period to last until March 9, 2025, but truncated this window to February 9, 2025, after identifying that the remaining claimants were primarily automated bots.

Allocation Mechanism

The token distribution is divided among the core team, the company, and the broader community. The known allocations are as follows:

Allocation CategoryPercentage of Max SupplyToken Amount (Approx.)
Current & Future Team17.80%15.82 Billion
Company11.48%10.20 Billion
Community / AirdropRemaining Supply~62.87 Billion

Usage and Incentive Mechanism

PENGU is currently characterized as a meme token with no featured or planned utility beyond speculative holding and exchange.

  • Compensation: There are no mechanisms for tokenholders to earn fees, dividends, interest, or liquidity rewards through protocol interaction.
  • Staking: There is no native staking or liquidity provisioning mechanism featured or planned for the asset.
  • Platform Utility: The asset is not required for access to any specific associated platform or service at this time.

Locking and Unlocking Schedule

The allocations for internal stakeholders are subject to specific vesting schedules to ensure long-term alignment with the project.

  • Team Allocation: The ~15.82 billion PENGU tokens allocated to the team are subject to a one-year cliff, followed by a three-year linear vesting schedule.
  • Company Allocation: The ~10.20 billion PENGU tokens allocated to the company also follow a one-year cliff and a three-year linear vesting schedule.

While the initial allocations are defined, the specific wallet addresses for these allocations have not been publicly disclosed by the project team. Consequently, actual holdings as of late 2025 or early 2026 may vary from the original distribution plan due to market activities or internal transfers.

PEN (PEN) Tokenomics: Key Metrics Explained and Use Cases

Understanding the tokenomics of PEN (PEN) is essential for analysing its long-term value, sustainability, and potential.

Key Metrics and How They Are Calculated:

Total Supply:

The maximum number of PEN tokens that have been or will ever be created.

Circulating Supply:

The number of tokens currently available on the market and in public hands.

Max Supply:

The hard cap on how many PEN tokens can exist in total.

FDV (Fully Diluted Valuation):

Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.

Inflation Rate:

Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.

Why Do These Metrics Matter for Traders?

High circulating supply = greater liquidity.

Limited max supply + low inflation = potential for long-term price appreciation.

Transparent token distribution = better trust in the project and lower risk of centralised control.

High FDV with low current market cap = possible overvaluation signals.

Now that you understand PEN's tokenomics, explore PEN token's live price!

How to Buy PEN

Interested in adding PEN (PEN) to your portfolio? MEXC supports various methods to buy PEN, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.

PEN (PEN) Price History

Analysing the price history of PEN helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.

PEN Price Prediction

Want to know where PEN might be heading? Our PEN price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.

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Disclaimer

Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.

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