V2 stands for Version 2, meaning an updated or improved version of an existing pedal. Manufacturers release V2 models when they refine the circuit, add new features, improve build quality, or enhance performance based on user feedback.
For example, the Electro-Harmonix Big Muff Pi V2 had circuit changes compared to the original, and Strymon released V2 versions of their pedals with MIDI capabilities and upgraded DSP.If
you’re looking at a pedal labeled V2, it means it’s a newer revision with some level of improvement over the first version.