UNUS-SED-LEO Price

UNUS-SED-LEO is a utility token issued by Unus Sed Leo Limited for the iFinex ecosystem. It serves as the platform token for Bitfinex, offering users benefits like trading fee discounts. Key features of LEO include: - Total supply: 985,239,504 tokens - Circulating supply: 923.21M LEO - Current price: $9 - Market cap: $8.31B - 24h trading volume: $55.35K LEO tokens are distributed on both Ethereum (64%) and EOS (36%) blockchains. The token was launched in May 2019 to raise funds after some of Bitfinex's assets were frozen. A key aspect of LEO is its buyback and burn mechanism. iFinex commits to using at least 27% of its revenues to repurchase and burn LEO tokens monthly until 100% are redeemed. This deflationary model aims to support the token's value over time. LEO holders can enjoy benefits on Bitfinex like reduced trading fees. The token also enables participation in the iFinex ecosystem and its various services. As of 2025-06-25, LEO ranks 18 by market cap among all cryptocurrencies. Its all-time high price was $10.14 reached on March 10, 2025.

UNUS-SED-LEO was created on May 20, 2019. It was launched by Unus Sed Leo Limited, a subsidiary of iFinex, to serve as the utility token for the iFinex ecosystem. The token was issued on both Ethereum and EOS blockchains, with 64% of the initial supply on Ethereum and 36% on EOS. UNUS-SED-LEO was created to provide benefits and discounts to users of the Bitfinex trading platform, including reduced trading fees. The total supply was set at 1 billion tokens, with a monthly buyback and burn mechanism in place to gradually reduce the circulating supply over time.

UNUS-SED-LEO was founded by iFinex, the parent company of Bitfinex. The token was issued by Unus Sed Leo Limited, a subsidiary of iFinex, in May 2019. The primary purpose of UNUS-SED-LEO was to raise funds after some of Bitfinex's assets were frozen. UNUS-SED-LEO serves as the utility token for the iFinex ecosystem, providing benefits like trading fee discounts on the Bitfinex platform. iFinex has implemented a token buyback and burn program, using at least 27% of its revenues to repurchase and destroy UNUS-SED-LEO tokens monthly until all tokens are redeemed. This mechanism aims to reduce the circulating supply over time and potentially increase the token's value.

UNUS-SED-LEO works as a utility token within the iFinex ecosystem. Here's how it functions: 1. Discount Token: LEO holders receive fee discounts on the Bitfinex trading platform, with larger holdings providing greater discounts. 2. Dual-Chain Deployment: UNUS-SED-LEO tokens are distributed across two blockchains - 64% on Ethereum and 36% on EOS, enhancing accessibility and utility. 3. Buyback and Burn Mechanism: iFinex commits to using at least 27% of its monthly revenue to repurchase LEO tokens at market price and burn them, reducing the circulating supply over time. 4. Transparency Initiative: A real-time dashboard tracks LEO token supply and burning progress, ensuring accountability. 5. Platform Utility: LEO empowers users with enhanced features and benefits within the Bitfinex trading ecosystem. 6. Value Proposition: As a functional token, LEO aims to maximize output and capacity for investors on the platform. The total supply of UNUS-SED-LEO is set at 1 billion tokens, with 923.21M LEO currently in circulation. The token's current price is $9, with a market cap of $8.31B. The buyback and burn mechanism is designed to continue until all tokens are redeemed, potentially increasing scarcity and value over time.

UNUS-SED-LEO utilizes a dual-blockchain architecture, operating on both Ethereum and EOS networks. The token distribution is split with 64% on Ethereum and 36% on EOS. This dual-chain approach provides flexibility and interoperability across multiple blockchain ecosystems. Key technical features of UNUS-SED-LEO include: 1. ERC-20 compatibility on Ethereum 2. Smart contract functionality 3. Cross-chain interoperability between Ethereum and EOS 4. Deflationary tokenomics through regular token burns 5. Transparent supply tracking via a real-time dashboard The UNUS-SED-LEO smart contracts implement a buyback and burn mechanism, where a portion of iFinex's revenues are used to repurchase and destroy tokens monthly. This gradually reduces the circulating supply over time. As of 2025-06-25, UNUS-SED-LEO has a circulating supply of 923.21M LEO tokens out of a total supply of 985.23M LEO. The token's technical architecture is designed to support its utility within the iFinex ecosystem while providing transparency and scarcity through its deflationary model.

The future of UNUS-SED-LEO looks promising with a clear roadmap focused on enhancing utility and value. Key milestones include: 1. Continued monthly token buybacks and burns to reduce supply and potentially increase scarcity. 2. Expanding LEO token utility across the iFinex ecosystem, including new trading fee discounts and exclusive features for token holders. 3. Integration with more decentralized finance (DeFi) protocols to increase LEO's use cases beyond the centralized exchange environment. 4. Development of new products and services within the iFinex ecosystem that will leverage LEO tokens. 5. Potential cross-chain developments to improve interoperability, as LEO already exists on both Ethereum and EOS blockchains. By 2026, analysts project UNUS-SED-LEO could reach $9.98. Long-term forecasts suggest potential prices of $16.06 by 2030 and $30.81 by 2035, though these are speculative. The team's commitment to transparency and regular token burns supports a positive long-term outlook for UNUS-SED-LEO.