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DePIN TGE Update: Pi, Grass, peaq Live — DAWN and Teneo Still in Play

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Three big names in this cycle are no longer “wait for TGE” plays. Pi, Grass, and peaq are already live. That changes the game. The better question now is which DePIN projects still have real upside before launch. From what The AirdropBuzz Team sees right now, DAWN and Teneo still look like the strongest live watchlist names, while Gradient has cooled off after ending node rewards.

Quick Highlights

Updated Mar 23, 2026
  • Three big names in this cycle are no longer “wait for TGE” plays.
  • Pi, Grass, and peaq are already live.
  • That changes the game.
DePIN TGE Update: Pi, Grass, peaq Live — DAWN and Teneo Still in Play
Image: AirdropBuzz
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Post-TGE: Pi, Grass, peaq
Still TBA: DAWN, Gradient, Teneo
Best pre-TGE watchlist: DAWN, Teneo
Cooling off: Gradient
Main angle: Live vs TBA status
 
Project Status What is happening now Our TGE read
Pi Network Post-launch Pi is pushing app tools, migration work, validator rewards, and Launchpad testing. Not a future TGE story anymore.
Grass Post-launch Grass is preparing the next reward wave after its first token distribution. First launch is done. Watch for Airdrop 2 rules.
peaq Post-launch peaq is in growth mode with live token trading, apps, staking, and ecosystem expansion. TGE is done. Focus on ecosystem rewards.
DAWN Pre-TGE DAWN is shipping Black Box rollout, apps, dashboards, and network expansion. No official date. Still one of the best live DePIN watches.
Gradient Pre-TGE Gradient ended Sentry Node rewards and shifted harder into its AI infra stack. No official date. Feels less clear right now.
Teneo Pre-TGE Teneo has public token docs, agent tools, and testnet payment rails. No official date. Looks closer than most.
Project Launch clarity Product shipping Reward upside now AB score
Pi Network 10/10 8/10 Low 80/100
Grass 9/10 8/10 Medium 84/100
peaq 10/10 8/10 Medium 81/100
DAWN 4/10 9/10 High 89/100
Gradient 3/10 6/10 Low 67/100
Teneo 5/10 9/10 High 88/100

What is this DePIN TGE update?

A DePIN TGE update is a news snapshot that shows which DePIN projects have already launched tokens and which ones still have launch timing marked TBA. DePIN stands for decentralized physical infrastructure networks, which means crypto projects built around real-world things like bandwidth, devices, or data networks. TGE means token generation event, or the moment a token goes live.

This is the clean split right now. Pi, Grass, and peaq are already past the launch stage. DAWN, Gradient, and Teneo are not. We also checked public team info before writing this piece. Pi publicly names Nicolas Kokkalis and Chengdiao Fan. peaq publicly names Leonard Dorlöchter and Till Wendler. DAWN publicly lists Neil Chatterjee. Teneo publicly lists Leroy Hofer. Grass is tied to Andrej Radonjic at Wynd Labs on public project material. Gradient publicly names Eric Yang as co-founder. Some teams are more open than others, but those are the public leads we could verify.

Which DePIN projects are already post-TGE?

Pi Network latest update

Pi is already live, so the old “when TGE?” framing does not fit anymore. The project is now pushing ecosystem tools, migration progress, validator rewards, and Pi Launchpad testing. That makes Pi more of a utility story now. The big question is not launch timing. It is whether the network can turn its huge user base into real app usage and real demand.

Grass latest update

Grass already had its first token event, but it still matters for reward hunters. The next thing to watch is Airdrop 2. Grass has pointed users toward a new wallet setup and future distribution rules, which keeps it relevant even after the first token drop. That said, this is no longer the same kind of early-stage edge it was before launch. The easy part is gone.

peaq latest update

peaq is done with the TGE question. The token is live, the chain is live, and the story has moved to ecosystem growth. Staking means locking tokens to help support a network and earn rewards. Bridging means moving funds from one chain to another. peaq now sits in that post-launch zone where the better play is tracking apps, rewards, and adoption instead of waiting for a first token event that already happened.

Which DePIN projects still have TGE marked TBA?

DAWN latest update

DAWN still looks like one of the best live DePIN watchlist names. The project is shipping Black Box rollout, mobile and desktop apps, dashboards, Proof of Bandwidth, and network expansion. That is strong product motion. It does not mean a token date is close, but it does mean the team is still building in public. Right now, DAWN looks like a real pre-TGE project, not a ghost farm.

Gradient latest update

Gradient is still active, but the easy passive phase has cooled off. Its Sentry Node reward period is over, and the project has shifted harder into its AI infra stack. That makes Gradient a tougher read for airdrop farmers. The team is still building, but the token path is less clear than DAWN or Teneo. For now, it looks more like a long game infra bet than a near-term launch watch.

Teneo latest update

Teneo looks closer to token readiness than most of the still-TBA names. It already has public token docs, a live Agent Console, a public SDK, and payment rails running inside the stack. Payment rails are just the tools that let money move inside a product. That is the kind of setup we like to see before a launch. Still, there is no official TGE date yet, so this stays in the “watch closely” bucket, not the “date locked” bucket.

Our Experience Joining These DePIN Projects

The AirdropBuzz Team checked the live sites, docs, dashboards, and user flows we could access. The pattern was pretty clear. DAWN and Teneo still feel like active pre-launch grinds. Grass still has some reward interest, but the early edge is gone. peaq and Pi are past the launch stage, so they should be judged like ecosystems, not rumor plays. Gradient sits in the middle. It is still building, but it no longer feels like an easy set-and-forget farm.

 

Time vs Reward: Which DePIN grind is still worth it?

If your goal is pre-TGE upside, DAWN and Teneo stand out the most right now. Both are still building, both still have TGE marked TBA, and both show real product work. Grass still deserves a spot on the radar because future reward waves are still part of the story. Gradient feels weaker for simple passive farming after node rewards ended. Pi and peaq are not first-launch bets anymore. They are post-launch ecosystems.

Risks and things to watch before the next DePIN TGE

The biggest mistake in this sector is guessing dates that teams have not posted. That is how people get baited by fake dashboards, fake browser extensions, and fake claim pages. Watch out for expensive hardware buys before reward math is clear. Watch for sudden rule changes around points, uptime, referrals, or region access. And keep in mind that a busy roadmap is not the same thing as a locked token date.

Step-by-Step Guide: How to track DePIN TGE updates

  1. Split projects into two buckets: post-TGE and still-TBA.
  2. Check the official site, docs, and app before trusting social posts.
  3. For DAWN and Teneo, watch shipped features, dashboards, and testnet progress.
  4. For Grass, watch the next reward rules instead of waiting for a first launch that already happened.
  5. For Gradient, do not assume rewards will restart without an official update.
  6. For Pi and peaq, track ecosystem growth, not first-token hype.
  7. Save screenshots, wallet activity, and dates in case eligibility rules get tighter later.

Track live DePIN plays without chasing fake TGE rumors

Browse the AirdropBuzz DePIN category to keep one clean watchlist for DAWN, Grass, Gradient, peaq, Teneo, and other live network grinds.

Browse DePIN on AirdropBuzz

Disclosure: This article does not use a referral link. Always double-check project URLs before you connect a wallet, install an extension, or buy hardware.

FAQs

Is peaq already done?

peaq is done with the TGE question. The token is already live. The project is still active, but the angle now is ecosystem rewards and adoption, not a future launch date.

Has Pi Network already launched?

Yes. Pi is already past the launch stage. The bigger story now is ecosystem tools, migrations, app activity, and real usage.

Did Grass already have its token event?

Yes. Grass already had its first token distribution. The next thing to watch is how the project handles future reward waves and wallet rollout.

When is the DAWN TGE?

DAWN still has no official TGE date. What we can say is that the team is still shipping product fast, which keeps it high on the pre-TGE watchlist.

Which still-TBA DePIN project looks strongest right now?

From our read, DAWN and Teneo look strongest. Both are still building in public, both still have TGE timing marked TBA, and both show better product momentum than most peers right now.

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