What is Livepeer Token (LPT)?
Livepeer Token (LPT) is the native protocol token of the Livepeer network. Livepeer is a decentralized video streaming infrastructure protocol built on the Ethereum blockchain, aiming to provide a more economical, open, and scalable alternative to traditional centralized video live streaming services. In the Livepeer network, token holders can stake LPT to become "Orchestrator" nodes, providing video transcoding and distribution services to the network, and earning network fees and newly issued LPT as rewards.
LPT's Issuance Price and Historical Data
LPT first entered the market in 2018, but there are discrepancies in different data sources regarding its exact issuance price. This is often related to different definitions of "issuance" (such as private placement, public offering, or initial circulation upon mainnet launch).
- Main Reference Price: According to historical data records from multiple mainstream market platforms (such as CoinMarketCap), LPT's price on December 20, 2018 (often considered a key date for its public trading or mainnet launch) was approximately $8.84. This is the most frequently cited issuance reference price.
- Other Records: Some sources also indicate that during the initial token issuance (ICO) phase, which took place earlier from July to October 2018, LPT's price was set at $25. Additionally, there are records of other price points such as $8.47 and $1.83. These discrepancies may reflect different funding rounds or different data snapshot methodologies.
Overall, considering approximately $8.84 as the representative initial price for LPT when it entered the public market at the end of 2018 is a common practice. Investors querying historical K-line charts on market platforms like Svmuu can usually see price charts starting from this point.
Key Data and Current Status of LPT
- Initial Circulating Supply: In December 2018, the initial circulating supply of LPT was approximately 23.68 million tokens.
- Maximum Supply: LPT has a maximum supply cap of approximately 49.68 million tokens.
- Historical Performance: LPT reached its all-time high price of nearly $100 in November 2021. As of October 2026, its price fluctuates in the range of $1.7 to $1.9.
- Current Status: The Livepeer network continues to operate, aiming to be the infrastructure in the decentralized video streaming domain. LPT, as its governance and incentive token, can be traded on mainstream cryptocurrency exchanges that support the token.
