Pell Network
Pell Network — a reference card for a crypto project: what the product does and how verifiable the project’s key claims are; also — alignment with the Decentralized AI thesis (DecAI Fit).
Pell Network — restaking infrastructure (Pell Chain), token: PELL.
Disclaimer
Important: this page is a reference overview of the project. Within DecAIHub, we separately record a verification based on open sources within the AI thesis (what is real AI/onchain/why a token, and which sources this is based on).
This is not financial advice and not a recommendation to buy/sell/hold any asset. We do not assess price, returns, or entry/exit timing.
Conclusions are based on publicly available materials found as of the verification date. The absence of confirmation does not imply the absence of the technology.
TL;DR (for readers who are not into AI)
- What it is: a network/protocol for restaking and for providing “cryptoeconomic security” to services (DVS).
- Who it’s for: stakers/delegators, node operators/validators, developers of DVS services.
- Why onchain/token: the onchain layer is needed for the restaking/delegation rules and accounting; the PELL token is used as gas and for staking/incentives/participation in governance (per the project docs).
How it works (very briefly)
- The user does: places a stake/delegates assets for restaking and selects a DVS.
- The system does: applies the opt‑in/slashing rules and the distribution of incentives for DVS.
- The user gets: participation in the shared security model for the selected services (per the protocol rules).
- Where the blockchain is: accounting of stake/delegation, validator rules and network transactions.
- Token role: PELL — gas on Pell Chain and an asset for staking/incentives/governance (per the tokenomics).
Quick links: AI thesis fit
Project passport
| Field | Value |
|---|---|
| Project name | Pell Network |
| Also known as (aliases) | PELL, Pell |
| Logo (logo) | ../assets/312_pell-network_logo.png |
| Token symbol (ticker) | PELL |
| Category | AI/Other | Infra | DeFi |
| Primary chain (chain) | Pell Chain |
| Type | Appchain |
| Network status | — |
| Consensus (consensus) | PoS (CometBFT) |
| Launch date (launch_date) | — |
| Project status (status) | active |
| Token (standard) | native |
| Token contract | — |
| Token model (token_type) | utility (governance) |
| Max supply | 2,100,000,000 |
| Issuance | — |
| Tokenomics (tokenomics, brief) | gas on Pell Chain; staking/validators; cross‑chain operations and governance (per the project docs) |
| Governance | DAO / governance protocol (per the project docs) |
| Admins/keys | — |
| Audit | yes |
| Bug bounty | yes |
| Team (team) | — |
| Funding (investors/funding) | — |
| AI component (ai_component) | AI/DeFAI integrations |
| Use‑case (use_case) | omnichain restaking + DVS shared security |
| DecAI Fit — AI thesis fit | 3/6 — medium alignment with the Decentralized AI thesis |
| DecAI Fit component summary | ai_score 1 / onchain_score 2 / token_score 3 / evidence_score 3 |
| Last verified | 2026-02-11 |
Links (links_*)
| Type | Link |
|---|---|
| Website | https://pell.network/ |
| Docs | https://docs.pell.network/ |
| GitHub | https://github.com/0xPellNetwork |
| Releases / Changelog | https://pell-network.medium.com/ |
| Whitepaper | https://pell.gitbook.io/litepaper |
| Roadmap | https://pell-network.medium.com/pell-network-2025-q1-q3-roadmap-leading-the-new-era-of-restaking-and-defai-23b3cb9f7e4a |
| Security advisories | — |
| Explorer | https://etherscan.io/token/0xc65d8d96cdddb31328186efa113a460b0af9ec63 |
| X | https://twitter.com/Pell_Network |
| Discord | https://discord.com/invite/pell-network |
| Telegram | https://t.me/Pell_Network |
| Medium | https://pell-network.medium.com/ |
| Audit report(s) | https://docs.pell.network/security/audits |
| Bug bounty | https://docs.pell.network/security/bug-bounty-program |
| CoinGecko (profile, reference) | https://www.coingecko.com/en/coins/pell-network-token |
| CoinMarketCap (profile, reference) | https://coinmarketcap.com/currencies/pell-network/ |
General project overview
In its documentation, Pell Network describes itself as an omnichain restaking network where stakers can allocate restaked assets to secure third‑party services (DVS). Pell Chain (Cosmos SDK + Tendermint/CometBFT) is used for coordination and accounting.
Features/modules
- Pell Chain: a PoS network with validator/observer roles and the Pell‑Core/Pell‑Client components.
- Restaking layer: restaking and delegation contracts/mechanisms for DVS.
- Security: public audit and bug bounty pages in the docs.
Typical scenarios
- Staker: chooses a protocol/pool → delegates assets into restaking → connects to the selected DVS.
- DVS developer: uses Pell as a “market” to attract operators/validators under the required rules.
Getting started (wallet/network)
- What you need: a wallet/account for interacting with the supported networks and restaking interfaces; for the operator role — infrastructure for running a node (see the docs).
- Network/chain: Pell Chain (described in the documentation as a PoS network on Cosmos SDK).
- Fees: network fees for onchain operations and possible bridge/cross‑chain operation fees (details — in the documentation).
Architecture/tech (non‑AI)
- Components: Pell Chain (validators/consensus), restaking contracts/mechanics, operator and DVS roles.
- Participant roles: stakers/delegators, operators/validators, DVS developers, DVS users (per the description).
- Where logic runs: onchain — accounting of stakes/delegation, consensus and sanction rules; offchain — clients/observers for external networks (as described in the Pell Chain Intro).
- Dependencies: external networks (omnichain), RPC infrastructure and cross‑chain interaction components.
Token/economics (expanded, no forecasts)
The tokenomics states that PELL is used as gas on Pell Chain, for validator staking, cross‑chain mechanics, operator listing/participation and protocol governance.
Governance
- Governance format: the tokenomics describes a governance layer and the possibility of changes/upgrades; specific voting tools/procedures require separate verification per Tier‑1.
Security and incidents
- Audits: links to the audit pages are published in the documentation (see links_*).
- Bug bounty: a program is published (see links_*).
- Incidents: —.
- Threat model: key risks — bugs in the restaking smart contracts/cross‑chain logic, operator/validator risks and the correctness of the slashing mechanics.
Project status and timeline
- Current status: the documentation and communication channels are active; the mainnet/testnet status requires separate verification per Tier‑1 (in the passport — “—”).
- Key milestones: —.
- Roadmap: published in a Medium post (see links_*).
Ecosystem/integrations
- Integrations: the design describes “omnichain” support for various ecosystems; specific integrations and their status require separate verification.
- Partners: —.
- Where it’s actually used: usage scenarios are described in the official documentation (see links_*).
AI component of the project
- What is real AI here? The tokenomics/official materials claim a direction of expansion into AI and DeFAI (intent), but no Tier‑1 description of a working AI component (model/metrics/architecture) was found.
- What is truly onchain? Pell Chain as a PoS network and the restaking/validator/accounting mechanics.
- Why is a token needed? PELL is described as gas and an asset for staking/incentives/governance.
- Red flags (based on the information found): AI/DeFAI positioning without a tech description/metrics; for cross‑chain systems, the presence of verifiable contracts/addresses/audits is critical.
DecAI Fit component summary
- DecAI Fit: 3/6 — medium alignment with the Decentralized AI thesis
| Component | Level | Score |
|---|---|---|
| AI reality | low | 1 |
| Onchain necessity | medium | 2 |
| Token necessity | high | 3 |
| Evidence | Tier‑1 present | 3 |
Details
AI reality
AI_0 — AI intent (Tier‑1 roadmap) (1/0)
- AI_0 (decision): 1
- Claim (one line): The tokenomics claims a direction of expansion into AI and DeFAI (intent).
- Evidence: Tier‑1 — https://docs.pell.network/pell-tokenomics
- Why sufficient / why not (one line): This records intent but does not prove a working AI component/model.
- Conflict note (if any): —
AI_1 — what the AI does (1/0)
- AI_1 (decision): 0
- Claim (one line): An AI function/module is not described in Tier‑1 sources as a verifiable part of the product.
- Evidence: Tier‑1 — https://docs.pell.network/
- Why sufficient / why not (one line): There are no specifics on “what the AI does” as a verifiable function.
- Conflict note (if any): —
AI_2 — demos/examples (1/0)
- AI_2 (decision): 0
- Claim (one line): No Tier‑1 demo/guide confirming an AI feature was found.
- Evidence: Tier‑1 — https://docs.pell.network/
- Why sufficient / why not (one line): The documentation describes restaking and the network, but not a demo of the AI part.
- Conflict note (if any): —
AI_3 — metrics/quality (1/0)
- AI_3 (decision): 0
- Metrics: —
- Context (version/date/how measured): —
- Evidence: Tier‑1 — https://docs.pell.network/
- Why sufficient / why not (one line): Quality metrics of the AI part were not found in Tier‑1 sources.
- Conflict note (if any): —
AI_4 — tech description/architecture/versions (1/0)
- AI_4 (decision): 0
- Claim (one line): A technical description of the AI part was not found per Tier‑1.
- Evidence: Tier‑1 — https://docs.pell.network/
- Why sufficient / why not (one line): Without a tech description, AI_4 cannot be confirmed.
- Conflict note (if any): —
Onchain necessity
OC_1 — contracts/addresses/chain (1/0)
- OC_1 (decision): 1
- Chain: Pell Chain
- Addresses/identifiers: —
- Evidence: Tier‑1 — https://docs.pell.network/introduction/pell-chain-intro
- Why sufficient / why not (one line): Pell Chain is described as a PoS network; the existence of a network onchain layer is confirmed by the documentation.
- Conflict note (if any): —
OC_2 — onchain beyond just a token (1/0)
- OC_2 (decision): 1
- What useful logic is onchain: accounting of restaking/delegation and rules for DVS (per the description of the network/architecture).
- Evidence: Tier‑1 — https://docs.pell.network/
- Why sufficient / why not (one line): Per the Tier‑1 description, the protocol provides shared security/slashing conditions and DVS coordination.
- Conflict note (if any): —
OC_3 — onchain is critical (1/0)
- OC_3 (decision): 0
- “Replace the blockchain” test: it is not proven per Tier‑1 that a key property breaks down without onchain.
- Evidence: Tier‑1 — https://docs.pell.network/
- Why sufficient / why not (one line): There is no sufficient Tier‑1 justification of the criticality of the onchain layer under the operational definition of OC_3.
- Conflict note (if any): —
Token necessity
TK_0 — no token (1/0)
- TK_0 (decision): 0
- Claim (one line): The project has a token, PELL.
- Evidence: Tier‑1 — https://docs.pell.network/pell-tokenomics
- Why sufficient / why not (one line): The token and its supply/utility are described in the official documentation.
- Conflict note (if any): —
TK_1 — payment for the service (1/0)
- TK_1 (decision): 1
- Claim (one line): PELL is used as the gas token on Pell Chain.
- Evidence: Tier‑1 — https://docs.pell.network/pell-tokenomics
- Why sufficient / why not (one line): The tokenomics explicitly states “Gas for Pell Chain”.
- Conflict note (if any): —
TK_2 — incentives/collateral/penalties (1/0)
- TK_2 (decision): 1
- Claim (one line): PELL is used for validator staking/delegation and network incentives.
- Evidence: Tier‑1 — https://docs.pell.network/pell-tokenomics
- Why sufficient / why not (one line): Staking and validator/delegator rewards are described.
- Conflict note (if any): —
TK_3 — governance (1/0)
- TK_3 (decision): 1
- Claim (one line): PELL is used for participation in governance and network decisions.
- Evidence: Tier‑1 — https://docs.pell.network/pell-tokenomics
- Why sufficient / why not (one line): The tokenomics states “Driving Network Decisions / suggest and vote”.
- Conflict note (if any): —
TK_4 — token is replaceable (1/0)
- TK_4 (decision): 0
- Claim (one line): The replaceability of the token is not established.
- Evidence: Tier‑1 — https://docs.pell.network/pell-tokenomics
- Why sufficient / why not (one line): The token has claimed gas/staking/governance roles; a conclusion about replaceability requires separate justification.
- Conflict note (if any): —
Evidence (table)
| Tier | Source | What it proves |
|---|---|---|
| Tier‑1 | https://docs.pell.network/ | General description of Pell as a restaking network and of the DVS model. |
| Tier‑1 | https://docs.pell.network/introduction/pell-chain-intro | Pell Chain: a PoS network on Cosmos SDK and Tendermint/CometBFT; validator roles. |
| Tier‑1 | https://docs.pell.network/pell-tokenomics | Tokenomics: PELL supply and utility; mention of expansion into AI and DeFAI (intent). |
| Tier‑1 | https://github.com/0xPellNetwork | The project’s official GitHub organization (code/repositories, context for the claimed components). |
| Tier‑1 | https://docs.pell.network/security/audits | An audits page is published in the docs. |
| Tier‑1 | https://docs.pell.network/security/bug-bounty-program | A bug bounty program is published in the docs. |
| Tier‑2 | https://coinmarketcap.com/currencies/pell-network/ | Reference token profile and links (context). |
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