We consider the equation
ε2s(−Δ)su+V(x)u−f(u)=0inℝN,
where s ∈ (0, 1),
p∈()1,N+2sN−2s, N > 2s,
ffalse(ufalse)=false|ufalse|p−1u,
V∈L∞false(ℝNfalse) is such that
infℝNV>0 and ε > 0 is small. We study the existence and nonexistence of solutions concentrating at a local minimum point of V as ε → 0 without using any symmetry assumption on V. First, we prove that certain type of positive solutions exhibiting peaks does not exist. Then, we study the existence of sign‐changing solutions under a suitable configuration of positive and negative peaks. To guarantee the existence, we cannot neglect the interaction between peaks. In particular, by using a minimization argument, we found solutions exhibiting peaks at the vertices of a 2ℓ‐regular polygon, such that two adjacent peaks have alternate sign.