About LEO Token
LEO Token (LEO) is the utility token of iFinex, the parent company of the Bitfinex exchange, launched in May 2019 through a private sale that raised one billion dollars in a single round. LEO was designed to align long-term users with the success of iFinex products by granting trading-fee discounts, reduced funding fees, lower withdrawal costs, and other platform benefits scaled to a holder's average LEO balance.
LEO is issued on both Ethereum (ERC-20) and EOS, and the two versions share a single capped supply of around 985 million tokens. iFinex commits to using a portion of consolidated group revenue to buy back and burn LEO from the open market each month, gradually reducing the circulating supply over time. Additional burns are made from recoveries related to historical incidents involving Bitfinex and Tether.
LEO's primary utility lives inside the Bitfinex platform, including spot, derivatives, lending, and OTC services, with discounts and rebates that scale with holdings. iFinex also operates Ethfinex Trustless products and is closely associated with Tether (USDT). LEO trades on a number of major centralized exchanges and is supported by mainstream self-custody wallets.
Crypto Market Watch tracks the live LEO Token price ranked #15 by market capitalisation, 24-hour and 7-day price changes, market capitalisation, trading volume, circulating supply, and all-time highs and lows on this page. Data refreshes continuously throughout the trading day so investors can monitor LEO market activity in real time.