By Anyone searching pengu gmgn wants the live PENGU chart inside GMGN's terminal plus a sanity check on which penguin token is the real one. PENGU is the official Pudgy Penguins token on Solana, so on GMGN you set the chain selector to Solana, pay the flat 1% fee plus a priority fee you choose, and read the security panel before you buy.
PENGU is an unusual entry on a memecoin terminal: it sits behind a brand with an NFT collection, licensing deals and physical toys, yet it trades with the volatility of anything else in the Trending tab.
What is Pudgy Penguins (PENGU)?
PENGU is the token of Pudgy Penguins, the 8,888-piece Ethereum NFT collection that grew into a consumer brand. It went live on Solana on 17 December 2024 with a total supply of 88,888,888,888, mirroring the NFT count.
The launch was an airdrop, not a sale. Per launch coverage and the published tokenomics, 25.9% of supply went to the Pudgy Penguins community, covering holders of Pudgy Penguins, Lil Pudgys and Pudgy Rods NFTs, and a further 24.12% went to other web3 communities, including collections such as Azuki, Bored Ape Yacht Club, Doodles and Memeland. Buyers of the physical Pudgy Toys could claim via a QR code in the box. Claimants had 88 days, with unclaimed tokens burned. Team allocation was reported at 17.8% with a one-year cliff and three-year vest, and 11.48% retained by the company.
The first day set the tone: a debut around $0.068 followed by a drop of roughly half within the day, with market cap in the billions at peak. In March 2025 Canary Capital filed with the SEC for a PENGU ETF holding both PENGU tokens and Pudgy Penguins NFTs, with Cboe BZX filing to list it in June 2025; check the filing status yourself rather than trusting a headline, since approval timelines have shifted repeatedly.
Which chain and where it trades
PENGU is a Solana SPL token, which is why a "gmgn penguin" search lands on the Solana terminal. The NFT collection is on Ethereum, and the token was later bridged to other chains via LayerZero, but Solana holds the primary spot liquidity. On GMGN, switch the chain to Solana (gmgn.ai/?chain=sol) before searching; the GMGN chains guide explains what the selector changes.
Penguin-themed imitations are one of the most common copycat categories on every chain GMGN supports, so this page publishes no contract address. Open the token in GMGN, expand the security panel, and compare the contract character by character with the one on the official Pudgy Penguins X account. The GMGN phishing check guide covers how those fakes are built.
How to trade PENGU on GMGN
- Log in at gmgn.ai with Telegram, Google, email or Phantom. The GMGN login guide covers the trade-offs; Telegram login is required for copy trading.
- Fund your Solana wallet on GMGN and leave at least 0.05 SOL untouched for gas and rent.
- Set the chain to Solana and search PENGU. Check that the token shows the liquidity and holder count of a December 2024 launch, not a week-old clone using the same artwork.
- Set your priority fee (GMGN recommends 0.002–0.005 SOL for a normal trade) and slippage; Auto is fine for a token this liquid. The how to use GMGN walkthrough covers the panel.
- Manage the exit with a limit order or TP/SL from the GMGN limit orders and stop-loss guide, and confirm the result from your wallet balance, not the PnL card.
What to check before buying
The security panel reads differently for a brand token than for a fresh launch, but the fields still earn their keep:
- Mint authority and freeze authority: both should read disabled.
- Top-10 holder %: expect exchange and treasury wallets; what matters is whether non-exchange concentration is rising.
- LP burned % and rug probability: mainly a contrast against copycats, which usually fail both.
- Snipers, bundlers, insiders %: a bundled penguin token with a two-day-old pool is not PENGU.
- Phishing flag: treat any hit as final.
The GMGN meme tracker guide explains each field, and GMGN filters screen out new, low-liquidity lookalikes before they reach your screen.
Fees on GMGN for PENGU
| Cost item | Amount | Who receives it |
|---|---|---|
| GMGN platform fee | 1% per buy, 1% per sell | GMGN |
| Priority fee | User-set, 0.0001–2 SOL | Solana validators |
| Tip (private node) | Optional, 0.0001–2 SOL | Jito-style nodes |
| Anti-MEV | Min 0.002 SOL priority + 0.0001 SOL tip | Validators / nodes |
Source: GMGN's fee documentation (docs.gmgn.ai/index/gmgn-fees-settings). PENGU never launched on Pump.fun, so no launchpad fee applies. For anyone trading in and out, the round trip costs 2% before on-chain fees, which the GMGN fees guide breaks down by ticket size.
Risk notes
A real company behind a token is not a floor under its price. PENGU fell roughly half on its first day and has traded in wide ranges since. Large airdrops mean persistent sell pressure from recipients with zero cost basis, and team and company tokens continue to unlock. The ETF filing is a filing, not an approval, and headlines about it move the chart both ways. Penguin-named copies remain the most common trap for "penguin gmgn" searchers. This is an independent guide; GMGN AI App Guide is not affiliated with GMGN, and nothing here is investment advice.
Key takeaways
- PENGU launched on Solana on 17 December 2024 as the official Pudgy Penguins token, supply 88,888,888,888.
- Roughly a quarter of supply went to the NFT community in an 88-day claim window; unclaimed tokens were burned.
- On GMGN, trade it on the Solana chain and verify the contract against the official X account.
- Cost per leg is a flat 1% plus your priority fee; keep 0.05 SOL in reserve.
- Watch holder concentration and unlocks rather than headlines on the GMGN AI app.
Frequently asked questions
Is PENGU on GMGN?
Yes. Set GMGN's chain selector to Solana and search PENGU. The token page shows the candlestick chart, holders and the security panel. Verify the contract against the Pudgy Penguins official X account before trading, since penguin-themed copies are everywhere.
What chain is the PENGU token on?
PENGU launched as a Solana SPL token on 17 December 2024. The Pudgy Penguins NFT collection itself lives on Ethereum, and the token was later made available on other chains through a LayerZero bridge, but Solana is where the deepest spot liquidity sits.
Is PENGU a memecoin or an NFT token?
Both descriptions get used. PENGU is the official token of the Pudgy Penguins NFT brand, which also sells physical toys and licenses its characters, so it has a real company behind it. The token itself confers no revenue share, and it trades with memecoin-style volatility.
How much does it cost to trade PENGU on GMGN?
GMGN charges a flat 1% on every buy and every sell, according to its documentation (docs.gmgn.ai). You also pay a Solana priority fee you set yourself, 0.0001 to 2 SOL, and an optional tip for private-node routing. There is no subscription.
Open the official terminal, install the iOS or Android app, or start with the Telegram bot. Keep only trading capital in the wallet.
Sources: GMGN documentation, DefiLlama, official app store listings and GMGN's public channels. See our methodology. Last reviewed 2026-09-22.