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View ChartPell Network is the First & Omnichain BTC Restaking Network, built to extend BTCFi into the cryptoeconomic security domain and fully unlock Bitcoin's security potential. At its core, Pell operates an Omnichain Decentralized Validated Service (DVS, also known as AVS) Network driven by BTC restaking. The network allows Bitcoin holders and Liquid Staking Token (LST) holders to repurpose their staked assets to secure applications, enhancing capital efficiency for stakers while giving developers an efficient, secure, and affordable way to build validated services. Pell's platform integrates with multiple blockchain ecosystems, enhancing Bitcoin's programmability and security. The project has also outlined plans to accelerate expansion into a comprehensive omnichain infrastructure for AI-driven decentralized Finance (DeFAI). PELL, the native token, has a maximum and total supply of 2,100,000,000 tokens. The token launched on Jan. 20, 2025, with the whitepaper v1.0 published on Jan. 27, 2025. Pell Network is listed with tags including AI & Big Data, DeFi, and Restaking.
Pell Network lists Xavier Xiang as Co-Founder and Steven Pell as CEO and Founder. Steven Pell is described as a serial technical entrepreneur and builder with more than 10 years of experience in crypto, and he has also been referenced as Co-founder and CTO of Babel. Steven Shen is listed among the project's employees. The company is privately held, operates in the Blockchain Services industry, and reports a company size of 11-50 employees. Additional associated names appearing in project materials include Mario Nawfal, Founder & CEO at IBC Group, and Minion, Investment Manager at GBV, both listed under Team Active X. In October 2024, Pell Network raised USD 3 million in pre-seed funding co-led by Paper Ventures, Halo Capital, and Mirana Ventures. Across all completed rounds, the project reports total funding of $6.5 million.
Pell Network functions as a marketplace-style security layer for stakers and developers. Developers offer incentives to validators to allocate their restaked BTC to secure the developers' applications, and applications built on Pell Network are known as Decentralized Validated Services (DVSs). The network leverages the restaking mechanism of Liquid Staking Tokens (LSTs) and BTC Liquid Staking Derivatives (LSDs), allowing idle BTC LSDs to be deployed into DVSs. This creates a universal trust network that expands the application boundaries of Bitcoin and provides additional yield opportunities. Pell integrates with projects such as Babylon, extending the BTCFi value chain. BTC LSD holders can restake their assets into DVSs through Pell, earning security rewards from Babylon's Proof-of-Stake (PoS) while enhancing capital efficiency. The architecture is focused on BTC and EGLD's cryptoeconomic security, augmented by an omnichain restaking mechanism, and is described as decentralized cloud infrastructure for Bitcoin.
Pell Network positions itself as the First & Omnichain BTC Restaking Network, a distinction that places it at the intersection of Bitcoin, restaking, and omnichain infrastructure. Its core value proposition is plugging the gap in ecosystem security, reducing the cost of building decentralized applications, and offering passive income for BTC holders. By allowing BTC LSD holders to restake assets into DVSs, Pell maximizes the use of Bitcoin and extends the value chain of BTCFi. The network opens new possibilities for developers to seamlessly and securely create innovative infrastructure designs. Pell's roadmap further differentiates it by aiming to build a comprehensive omnichain infrastructure for AI-driven decentralized Finance (DeFAI), connecting Bitcoin's security to emerging AI and DeFi use cases. Validation Cloud supports Pell Network as a validator on testnet, and Pell has partnered with MultiversX, a sharded blockchain platform.
PELL is the native token of the Pell Network ecosystem. It underpins the network's restaking and Decentralized Validated Service (DVS) economy, where developers offer incentives to validators who allocate restaked BTC to secure applications. The token is central to the cryptoeconomic security model that Pell extends from Bitcoin and its liquid staking derivatives. PELL is used across the network's omnichain restaking activities and is relevant to the project's planned expansion into AI-driven decentralized Finance (DeFAI). PELL trades on multiple active markets and is tracked across major data platforms and trading venues. Token unlocks and vesting are tracked publicly, with a total supply of 2.10B PELL. As with any crypto asset, the token's market behaviour reflects broader liquidity and volatility conditions.
The Pell Network ecosystem is built around Decentralized Validated Services (DVSs), with Valor Quest transformed by Pell's DVS in October 2024. Babylon serves as an integration partner extending the BTCFi value chain, and MultiversX, a sharded blockchain platform, partnered with Pell Network in January 2025. Validation Cloud supports Pell Network as a validator on testnet and has published an overview of the BTC Restaking Network. Ecosystem participants include LedgerWise, founded by team members of EOS Metal, Attic Lab, and Telos India, and Synergy Nodes, founded in 2019. Pell maintains an ecosystem page at pell.network/ecosystem. The project's public materials describe a roadmap that moves from its pioneering Omnichain BTC Restaking Network toward a comprehensive omnichain infrastructure for AI-driven decentralized Finance (DeFAI).
PELL is not mined through traditional proof-of-work. Instead, participation in the Pell Network economy revolves around restaking. BTC holders and holders of BTC Liquid Staking Derivatives (LSDs) and Liquid Staking Tokens (LSTs) can restake their assets into Decentralized Validated Services (DVSs) through Pell. By doing so, they contribute cryptoeconomic security to applications and can earn security rewards, including rewards from Babylon's Proof-of-Stake (PoS). Developers, in turn, offer incentives to validators to allocate restaked BTC to secure their applications. This restaking model is the primary mechanism through which participants engage with the network and potentially earn returns. Prospective participants should review the official documentation and tokenomics materials for current details on supported assets and reward structures.
Keeping PELL safe starts with choosing a reputable self-custody wallet that supports Ethereum-based assets, since PELL is an Ethereum platform token. Store your private keys or seed phrase offline and never share them with anyone. When interacting with restaking or DVS-related applications, verify official links through the Pell Network website and documentation before connecting your wallet. Be cautious of phishing sites, fake tokens, and unsolicited messages claiming to offer rewards. Consider using a hardware wallet for larger holdings and separate wallets for different activities. Because crypto assets carry significant market risk, including extreme volatility and the potential loss of entire capital, only commit assets you can afford to lose and consult professional advisors where appropriate. Always double-check token contract details through the official explorer before trading.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for PELL are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Pell Network (PELL) is C$0.000234. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated PELL to USD rate at the top of BTCC’s price page. In terms of market scope, Pell Network records a 24h trading volume of C$188.257762 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$297.700422K. Its current circulating supply stands at 1.27B out of a maximum supply cap of 2.1B.
The price volatility of Pell Network (PELL) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (1.27B) to max supply (2.1B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Pell Network (PELL) hit an all-time high (ATH) of C$0.026025 on 2025-03-20 06:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.0002 on 2026-07-14 21:35. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading PELL futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$188.257762), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s PELLUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Pell Network, simply log into your BTCC account with USDT margin available, navigate to the PELLUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for PELLUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.000234), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for PELLUSDT with zero financial risk.
Trading Pell Network (PELL) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for PELLUSDT, and review its live price (C$0.000234) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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