Swap PEPE at the Best Rate
PEPE is an ERC-20 memecoin built around Pepe the Frog, the cartoon amphibian from Matt Furie's Boy's Club comic. It launched anonymously in April 2023 with no presale, no transaction tax and no stated utility, and it says so plainly: the token exists for entertainment. All 420.69 trillion PEPE were minted at launch, and the contract has been renounced.
Stats
- Market cap
- $1.1B
- Fully diluted valuation (FDV)
- $1.1B
- Circulating supply
- 413772.4B PEPE
- Total supply
- 413772.4B PEPE
- Volume (24h)
- $368.8K
- Swaps (24h)
- —
Data updated 2026-08-18
About PEPE
PEPE is a token traded on Ethereum. On 1inch, the swap aggregator compares supported routes across DEX liquidity to help improve a crypto swap involving PEPE, while you keep full control of your funds in your own wallet.
PEPE ranks #13 by 24-hour trading volume among the tokens tracked on 1inch, with $368.8K traded over the last day. Its market capitalization of around $1.1B places it among mid-cap crypto assets. Beyond Ethereum, the 1inch token catalog lists PEPE on 3 more networks.
PEPE at a glance
- Launched
- 14 April 2023
- Issuer
- Anonymous creators; the contract is renounced
- Token standard
- ERC-20 on Ethereum, 18 decimals
- Supply
- 420,690,000,000,000 minted at launch; no further issuance possible
- Governance
- None; no votes, no admin, no upgrade path
- Primary utility
- None by design; the token exists as a meme
What is PEPE?
PEPE is a memecoin in the strictest sense. Its website describes the token as having no intrinsic value and no expectation of financial return, with no formal team or roadmap. There is no protocol behind it, no revenue and no product: the token is the product, and demand comes from attention to the meme.
The project is not affiliated with Matt Furie, who created the Pepe the Frog character in 2005. The deployer renounced ownership of the contract shortly after launch, so nobody can mint new tokens, pause transfers or change any parameter. What exists on Ethereum today is what will ever exist.
How PEPE works
PEPE is a plain ERC-20 with no transfer tax, no reflection mechanics and no burn on transactions. Earlier meme tokens often taxed every trade to fund a treasury or reward holders; PEPE's pitch inside that niche was the absence of such machinery. Buying, selling and transferring it costs only network gas.
At launch 93.1% of the supply went into a Uniswap trading pool, and the liquidity provider tokens were burned. Burning the LP tokens means the pooled liquidity cannot be withdrawn by the creators, which closes the most common exit scam in meme token launches.
PEPE supply and tokenomics
The total supply is 420,690,000,000,000 PEPE, a number chosen as an internet joke rather than an economic design. Everything was minted in the deployment transaction on 14 April 2023; there is no vesting, no emission schedule and no minting function left in the contract.
The 6.9% of supply that did not go to the liquidity pool sat in a team multisig earmarked for exchange listings and bridges. By August 2023 that wallet held about 26 trillion tokens; the incident described below drained 16 trillion of them, the roughly 10 trillion left were moved to a fresh wallet, and 6.9 trillion of those were burned that October.
Who builds PEPE
The creators are anonymous and have never been identified. In August 2023 three of the four remaining multisig signers moved roughly 16 trillion PEPE, about 4% of the supply, to exchanges and sold them, then removed themselves from the wallet and deleted their accounts. The one remaining signer disclosed the episode publicly.
Since October 2023 that remaining steward has fronted the project with a new set of advisors. Because the token contract is renounced, none of this changes what the token itself can do; the team controls the brand, the website and the leftover reserve, not the contract.
PEPE risks and considerations
PEPE has no cash flows, no governance rights and no claim on anything, so its price is a bet on continued attention. Meme demand is cyclical, and large early holders can move the market when they sell. The 2023 multisig episode showed that even a renounced token carries people risk around its reserve.
Tokens named PEPE exist on many other networks, and most are unrelated projects or third party bridges rather than this contract. The Ethereum deployment described here is the original; same name tokens are a common phishing vector, so verify the full address before trading.
Official PEPE links
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Questions? Answers.
Who created PEPE?
Nobody knows. The token was deployed anonymously in April 2023 and the creators have never been identified. Three of the four multisig signers left in August 2023 after selling reserve tokens, and a single remaining steward with new advisors has run the brand since. The contract itself has no owner at all.
Does PEPE have any utility?
No, and the project does not claim otherwise. Its site describes PEPE as a meme token with no intrinsic value and no expectation of financial return. It confers no governance rights, pays nothing and connects to no protocol. People hold it for the meme, the community and the trade.
Can the PEPE contract be changed or new tokens minted?
No. The deployer renounced ownership shortly after launch, which permanently removed the ability to mint tokens, alter parameters or pause trading. The supply fixed at deployment is final, and the liquidity provider tokens for the launch pool were burned, so the original pooled liquidity cannot be pulled either.
What happened to the PEPE team wallet in August 2023?
Three former team members used their multisig keys to move about 16 trillion PEPE, roughly 4% of supply, to exchanges where the tokens were sold. They then quit the wallet and deleted their accounts. The remaining signer moved the leftover reserve to a new wallet and burned 6.9 trillion PEPE that October.
What is PEPE used for?
PEPE is used for trading, portfolio rotation, or ecosystem exposure in DeFi. It ranks #13 by 24-hour trading volume among the tokens tracked on 1inch. The role of the token can vary by network, liquidity conditions, and the route you choose, so it helps to review the quote before you confirm a swap.
Which networks support PEPE on 1inch?
The 1inch token catalog lists PEPE on 4 networks, including Ethereum. Support can differ by chain and current liquidity conditions, so check the token selector and live quote in the Swap flow before you trade.
How does 1inch find the best PEPE rate?
1inch compares supported routes and optimizes execution across available liquidity sources on Ethereum, splitting your order across pools when that improves the PEPE price.
How do I protect my PEPE trades from MEV?
1inch adds MEV protection in supported intent-based flows to reduce exposure to front-running and sandwich attacks, which matters most on volatile or thin PEPE routes.
Sources
- Pepe official site
- CryptoSlate: Pepe founder blames nefarious ex-team members for unexpected $16M withdrawal
- Bitcoin.com News: PEPE token heist, former team members swipe $15 million in tokens
- Datawallet: What is Pepe Coin?
- Etherscan: PEPE token contract
Content reviewed July 25, 2026