# MachineX

MachineX is the first DEX purpose-built for Machine DeFi. Deployed on [peaq](/introduction/peaq.md), MachineX gives people access to DePIN tokens, the PEAQ token, and, eventually, tokens representing value-generating machines themselves (i.e. Machine RWAs).

At launch, users will be able to swap between assets and provide liquidity into both [Concentrated](/protocol/concentrated-liquidity.md) and [Legacy](/protocol/legacy-liquidity.md) liquidity pools.

Over time, MachineX will evolve into a [MetaDEX](https://paragraph.com/@dromos/the-metadex-and-defi-introduction-and-overview) - a DEX model where liquidity providers earn token emissions and fees generated by the protocol are directed to participating token holders. The model will be adapted to best serve the DePIN projects launching on peaq and the peaq chain itself.


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