Pepe Unchained chain
Overview
Pepe Unchained, a meme-coin initiative, secured approximately $74 million via a presale by advertising its own Ethereum layer-2 network tailored for meme coin transactions. The planned ecosystem included a decentralised exchange, a bridge, a block explorer, and a launchpad named Pump Pad, all using the PEPU token. The project later moved its layer-2 to Arbitrum, explaining that custom gas tokens on OP Stack rollups were being phased out, and created a new PEPU token during this transition. This is a marketing-oriented meme project, not infrastructure aimed at institutional clients, and investors should approach presale-funded chains with appropriate wariness.
Within The Counterparty graph, Pepe Unchained connects to 4 tracked entities, most strongly to Ethereum, Arbitrum Orbit, Data Availability Committee.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
settles_to | Ethereum | 95% |
built_with | Arbitrum Orbit | 90% |
uses_da | Data Availability Committee | 90% |
sequenced_by | Conduit | 85% |
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.
Questions on the record
How much did Pepe Unchained raise?
Approximately $74 million was raised in a presale, with the funds committed to developing a dedicated layer-2 network for meme coin trading.
Where does its chain run now?
The project's layer-2 was migrated to Arbitrum following the deprecation of custom gas tokens on OP Stack rollups, and a new PEPU token was launched.