Pepe Unchained closed its L2 compensation claim period with 445 million PEPU remaining, the project said on November 5, 2026. The tokens were allocated to holders of selected assets from its former blockchain ecosystem but are now available for other project purposes.
The developers asked the community to propose uses for the remaining tokens, calling for ideas that would create lasting value for the project. At a November 9 PEPU token price of $0.00003423, the balance is worth $15,232.
The closure follows an October 30 deadline, extended from October 19. Earlier notices warned eligible holders that unclaimed allocations would become unavailable to their original recipients and be redirected toward project growth and community initiatives.
Pepe Unchained announced that L2 compensation claims were live on February 9, 2026, following delays in the process. The program offered PEPU to holders of selected tokens from the former ecosystem, with allocations calculated using an April 24, 2025 snapshot and unlocking over six months.
In September, Pepe Unchained reported 500 million PEPU in outstanding compensation and gave holders until October 19 to claim their allocations. The announcement was accompanied by an acknowledgment of development delays and MEXC’s decision to delist the token.
On October 19, the project extended the claim window by 11 days, describing October 30 as the final deadline. Its notice repeated that remaining compensation would be reassigned after claims closed.
The November balance is 55 million PEPU below September’s reported figure.
For the remaining tokens, the November announcement opens a discussion about their next use. Some replies to the post called for a burn, which would permanently remove tokens from circulation, while another proposed marketing expenditure.
The compensation program covered selected tokens from Pepe Unchained’s former ecosystem after its migration to new blockchain infrastructure.
In May 2025, the developers announced a move from their OP-based network to an Arbitrum-powered chain, citing the withdrawal of support for custom gas tokens. That feature allowed users to pay transaction fees in PEPU.
The transition introduced a replacement PEPU token and offered existing holders a 1:1 swap. Total supply increased from 8 billion to 16 billion tokens, with the additional allocation intended to expand staking rewards.
Moving the main PEPU trading pool required a separate operation. Because the old pool’s liquidity was locked, the developers sold old PEPU tokens into it to recover the paired funds. Those proceeds seeded the replacement token’s liquidity pool, which the project said it then locked.
For affected ecosystem tokens, the developers subsequently chose direct PEPU compensation instead of restoring their liquidity pools. A December 2025 update argued that restoring pools could duplicate liquidity and encourage holders to sell legacy assets for PEPU.
Pepe Unchained reported raising $73 million before its December 2024 token launch. Its products now include the blockchain network, a bridge, PepuSwap, and the PumpPad token launch platform.
The project acknowledged missed development deliveries in September as it reported MEXC’s delisting decision. The exchange’s August warning notice listed August 11 as PEPU’s warning date and September 17 as its estimated removal date.
On October 19, Pepe Unchained announced its Phase 2 developer toolkit, introducing Google and email login, embedded wallets, session permissions, and sponsored transaction fees on mainnet. The release followed its July shift toward a consumer-first blockchain strategy, focused on making applications easier to build and use.
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📢 Pepe Unchained L2 Compensation Update! 🐸 The claiming period has ended, leaving almost 445M PEPU available for the project. We want YOUR ideas on how to use these funds to create lasting value for Pepe Unchained and benefit the community long-term. Share your proposals!
