Peped, pronounced pep-aid, is the act of getting your ass wrecked by the beautiful, godly creature, Pepe the frog. This could happen when somebody wrecks you with an amazing pepe the frog meme, or when Pepe himself wrecks you with his huge ass dick.
"You just got peped by that majestic pepe meme!"
"Yo man, pepe just peped you!"
