PEPE coin, a popular ERC-20 meme token on Ethereum, launched in April 2023 with a fixed maximum and total supply of 420,690,000,000,000 tokens, reflecting its meme-inspired theme.​ The developers burned over 90% of the initial supply by sending it to dead wallets and renounced contract ownership to promote decentralization, though burns don't alter the hardcoded max supply.​ Ongoing community burns, like 6.9 trillion tokens in December 2024, have gradually reduced the circulating supply to around 413.77 trillion as of early 2026.​

Key Supply Events

  • Initial Burn (April 2023): 50% (210 trillion tokens) removed from circulation to create scarcity.​

  • LP Token Burn: 93% of supply sent to liquidity pools, with LP tokens burned.​

  • Recent Burns: Additional reductions, including 6.9T in late 2024, lowering circulating supply below total.​

Current Status

Circulating supply stands at approximately 413.77 trillion PEPE, with total supply now effectively lower due to burns but max supply unchanged at 420.69 trillion.​ This deflationary mechanism aims to support value through scarcity amid high trading volume.​