UNUS-SED-LEO
$9.02
-0.2%(24h)Today
-0.2%
30 Days
1.0%
Price Change (24h)
-$0.0154
Price of UNUS-SED-LEO Today
The live price of UNUS-SED-LEO is $9.02 per LEO/USD, -0.17% in the last 24 hours. It has a market cap of $8.29B and $12.11K in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. LEO has a circulating supply of 919.86M.
Current price
$9.0224h high
$9.0424h low
$8.0724h
-0.17%7d
+1.24%30d change
+1.03%LEO Market Stats
Rank
#14
By market cap
Market Cap
$8.29B
24h Volume
$12.11K
Across 2 exchanges
FDV
$8.88B
If all tokens were issued
Circulating Supply
919.86M LEO
Total Supply
985.24M LEO
Max Supply
—
No fixed cap
Listed on
2 exchanges
Website & Community
Contract
ETH0x2AF5…2Ca3
Website
Categories
Exchange-based TokensCentralized Exchange (CEX) TokenEthereum EcosystemSora Ecosystem
Where to buy UNUS-SED-LEO
UNUS-SED-LEO is available on 2 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| Gate | LEO_USDT | $72.08K | Buy LEO on Gate |
| OKX | LEO-USDT | $20.90K | Buy LEO on OKX |
Price: $9.02 — Price Source: 2 exchanges
We may earn a commission when you sign up through these links. This never affects the prices shown.
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People also ask about UNUS-SED-LEO
What Makes UNUS SED LEO Unique?
UNUS SED LEO stands out due to its burn mechanism, where iFinex commits to buying back tokens monthly. The repurchased amount equals at least 27% of iFinex's revenue, with acquisitions made at market rates. The company stated that this process would continue until all tokens are redeemed. Additionally, LEO was launched on two blockchains: 64% of the initial supply on Ethereum and 36% on EOS, a dual-protocol approach that was highlighted as unique at the time.
How Many UNUS SED LEO (LEO) Coins Are There in Circulation?
The circulating supply of LEO is intended to decrease over time through the burn mechanism. Initially, the total supply was set at 1 billion tokens. These were sold at $1 each, equivalent to Tether, raising $1 billion over ten days. At launch, 660 million tokens were on Ethereum and 340 million on EOS, with Bitfinex facilitating easy conversions between the two chains. This dual-chain setup was described as unique by the company.
What is UNUS-SED-LEO?
UNUS SED LEO is a cryptocurrency token issued by iFinex, the parent company of the Bitfinex exchange. The token's supply is designed to decrease over time through a monthly buyback and burn mechanism, where iFinex purchases LEO from the market at prevailing rates and removes it from circulation. The amount bought back is at least 27% of iFinex's generated revenues, and the process is intended to continue until all tokens have been redeemed.
The token was initially launched on two different blockchains: approximately 64% of the original supply was issued on Ethereum as ERC-20 tokens, while the remaining 36% was issued on the EOS network. At launch, the total supply was set at 1 billion tokens, with 660 million on Ethereum and 340 million on EOS. Bitfinex facilitates conversions between the two chains.
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LEO tokens were sold at a price of $1 each, with purchases made on a 1:1 basis with the Tether stablecoin, raising a total of $1 billion over a 10-day period. The dual-protocol launch was described by the company as unique and was intended to support the Bitfinex community. The circulating supply is expected to diminish over time as the burn mechanism continues.