June 12, 2025

MachineX: First Machine Economy DEX

peaq

Community

DePINs are live. Machines are coming online. And now, the Machine Economy has its first decentralized exchange.

MachineX has launched on peaq, becoming the first DEX purpose-built for Machine DeFi — the financial system powering the Machine Economy. This gives the community access to DePIN tokens, the PEAQ token, and, eventually, tokens representing value-generating machines themselves (i.e. Machine RWAs). You can already start providing liquidity to the pools on the DEX and earning rewards for your effort.

But MachineX is more than just another swap interface. It’s designed to support the flywheel effect that lies at the core of peaq’s ecosystem. By routing a portion of fees to peaq’s Network-Level Incentive Pools, MachineX helps accelerate machine onboarding and growth across the entire Machine Economy — all while rewarding those who provide its liquidity.

Here’s how that works:

1% of the DEX’s fees goes to the Machine Subsidization pool and two DePIN incentive pools on peaq.
The pools will subsidize the onboarding of new machines and DePINs to peaq, bringing in more users.
More users means more activity for the DEX, which, in turn, means it’s generating more fees. More fees means more resources for the Incentive Pools, bringing us back to step one.

MachineX doesn’t just mark the launch of a new DEX — it signals the start of a new kind of DeFi. One where not just people, but machines too, can participate — swapping, earning, and fueling the economy they help power.

Follow MachineX on X to stay in the loop as new tokens and pools go live.

“MachineX’s launch sets the stage for the rise of Machine DeFi on peaq. It’s the beginning of a larger transformation as the world shifts towards a decentralized Machine Economy. MachineX will create an environment for DePIN projects to efficiently scale liquidity for their networks while enabling people and machines to swap assets.”

— JD Cook, co-founder of MachineX

‍

This release and the information contained in it is directed only at persons outside of the United Kingdom, United States, and territories which are subject to sanctions and other restricted territories. Please note: When dealing in cryptoassets, capital is at risk.

‍