Livepeer (LPT) Market Data
Current Price: $6.03
24-Hour Trading Volume: $18,167,719
Price Change (24h): -4.81%
Circulating Supply: 42.061M LPT
Max Supply: 42.061M LPT
Circulation Rate: 100%
Market Cap: $253,585,943
Blockchain Explorers for LPT:
Livepeer Token (LPT) Project Overview
Livepeer is a decentralized, scalable protocol for real-time video streaming, powered by crypto-economic incentives. It serves as a cost-effective alternative to centralized broadcast solutions, integrating seamlessly into the Web3 stack.
Key Protocol Features:
- Decentralized Video Transcoding: Nodes can transcode video into multiple formats/bitrates.
- On-Demand Streaming: Users request video streams from the network.
- Incentivized Participation: Contributors earn ETH for providing processing power/bandwidth.
- Governance & Scalability: Built-in mechanisms for work validation, anti-fraud, and protocol evolution.
Founders:
- Doug Petkanics (CEO)
- Eric Tang (CTO)
Livepeer Token (LPT) Utility
LPT is a staking token within the Livepeer network, designed to:
- Secure the Network: Acts as a bond in Delegated Proof-of-Stake (DPoS) to prevent attacks.
- Coordinate Work Distribution: Routes tasks based on staked/delegated tokens.
- Enable Ecosystem Services: Supports DVR, captions, ad monetization, and analytics.
Token Divisibility: 1 LPT = 10¹⁸ smaller units (like ETH/ERC20 standards).
LPT Token Distribution
- Initial Allocation: Distributed to early contributors, core developers, and community stakeholders.
- Inflation Model: New tokens are minted algorithmically to incentivize active participation (staking).
👉 Buy LPT on trusted exchanges
Where to Buy LPT?
LPT is available on major exchanges, including:
- Binance
- OKX
- Kraken
- Gate.io
- MEXC Global
Livepeer Social Media
- Twitter: @LivepeerOrg
- Reddit: r/livepeer
- Telegram: t.me/livepeer
Contract Address:
- Ethereum:
0x58b6...b239(View on Etherscan)
Frequently Asked Questions (FAQs)
1. What is Livepeer’s all-time high price?
LPT reached its peak during bullish market cycles. Check real-time charts for updates.
2. Is LPT a good long-term investment?
Cryptocurrencies are volatile. Research Livepeer’s tokenomics, team, and market trends before investing.
👉 Explore LPT staking opportunities
3. Which platforms support LPT shorting?
Margin trading/exchanges like KuCoin, OKX, and Binance offer LPT derivatives (high-risk).
Disclaimer: Cryptocurrency investments carry risks. Conduct independent research (DYOR) before trading.