What is Pudgy Penguins (PENGU)?
PENGU is the fungible token of Pudgy Penguins, an Ethereum NFT collection first minted in 2021 and later taken over by Igloo Inc., the company led by Luca Netz. The token went live on Solana in December 2024, with a large airdrop to NFT holders and members of other crypto communities.
- Type
- NFT-brand meme token
- Launched
- 2024
- Consensus
- Runs on Solana
- Max supply
- 88,888,888,888 PENGU
- Swap network
- Solana
How Pudgy Penguins works
On Solana, PENGU is an ordinary SPL token with no staking, rebasing or fee mechanics built into its contract. What gives it relevance is the Pudgy Penguins brand, which spans retail toys, animated content and an Abstract-based ecosystem, and the token has since been bridged to Ethereum, BNB Chain, Abstract and other networks.
What PENGU is used for
Most holders use PENGU as a liquid way to be exposed to the Pudgy Penguins brand and to take part in its online community. It is also traded heavily on centralized exchanges and Solana DEXs, and appears in games and campaigns run around the franchise.
PENGU supply
The total supply was set at 88,888,888,888 PENGU at launch, split between community airdrops, the company, liquidity and team allocations that unlock over several years. No inflation mechanism mints new tokens.
Before you swap PENGU
This listing moves PENGU on Solana, so a small SOL balance is needed to move or trade it after withdrawal. Like other meme-style assets it can swing sharply within hours, so check the quote carefully before confirming.