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Pell Network Review: What to Know Before Restaking

Pell Network is a Bitcoin-restaking project, but key details about staking, fees, custody and rewards aren’t clear enough to judge whether you should deposit.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

Pell Network key facts

Pell Network key facts
TypeBitcoin-restaking network
Networks20, including Ethereum, Arbitrum and Base
TokenPELL
Audit listingOne entry; scope not specified
Value locked$172K−22.0% 7d
Updated

Pell Network FAQs

What does Pell Network do?

Pell describes itself as a BTC restaking network that uses Bitcoin and liquid-staking tokens to help secure decentralized services. It does not explain enough about the staking process or reward terms to assess what depositing involves.

Which networks does Pell Network support?

Pell is associated with 20 networks, including Ethereum, Arbitrum, Base and BNB Chain. Check Pell’s current app and documentation before connecting a wallet, since network support can change.

What is the PELL token used for?

PELL is Pell Network’s token, but its specific uses and any role in staking or rewards aren’t established here. Fees, custody arrangements and withdrawal conditions also need checking before you commit funds.

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How we checked

Sources

  1. defillama.com/protocol/pell-network(opens in a new tab)

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