The current Livepeer (LPT) price is $6.02**, with a **24-hour trading volume** of **$36.77 million. Our real-time price table ensures you stay updated on LPT's latest movements. Over the past hour, LPT's price decreased by -0.53%, while the daily change stands at -1.78%. Livepeer's market capitalization is $252.71 million, calculated using its circulating supply of 41.98 million LPT (out of a max supply of 41.98 million).
What Is Livepeer?
Livepeer is a decentralized video streaming platform built on Ethereum. Launched in May 2018, it provides an open infrastructure for developers to create video applications at lower costs than traditional cloud providers. The network is powered by node operators who stake LPT tokens, ensuring scalability and efficiency for both Web2 and Web3 streaming.
Key Livepeer Metrics
| Metric | Value |
|---|---|
| Current Price | $6.02 |
| 24h Trading Volume | $36.77M |
| Market Cap | $252.63M |
| Circulating Supply | 41.98M LPT |
| Max Supply | 41.98M LPT |
| Rank | #246 (by market cap) |
FAQs
1. What determines Livepeer’s price?
LPT’s price is influenced by market demand, adoption of its video infrastructure, and broader cryptocurrency trends.
2. Can I stake Livepeer (LPT)?
Yes! Livepeer’s delegated-proof-of-stake (DPoS) system allows token holders to stake LPT and earn rewards by supporting the network.
3. How does Livepeer compare to centralized streaming services?
Livepeer offers cost savings and censorship resistance by decentralizing video transcoding.
👉 Discover how Livepeer staking works
4. Where can I trade LPT?
Major exchanges like Binance, OKX, and Coinbase list LPT. Always check for high liquidity pairs.
5. What’s Livepeer’s long-term vision?
The project aims to democratize video streaming via blockchain, reducing reliance on AWS and other centralized providers.
Final Thoughts
Livepeer combines blockchain innovation with real-world utility in the video sector. Its transparent pricing and growing developer ecosystem make LPT a unique asset in the Web3 space. For traders, monitoring volume trends and network upgrades is key to understanding its price action.