Livepeer LPT

What LPT actually is on-chain

Livepeer is an ERC-20 deployed on Ethereum, at contract address 0x58b6a8a3302369daec383334672404ee733ab239. That address, not the ticker LPT, is what uniquely identifies this asset: anyone can deploy a second token calling itself LPT, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, LPT is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in LPT itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For LPT the project publishes a whitepaper, a public source repository and an active account as @Livepeer. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where LPT sits in the market

#276 places Livepeer in the middle of the mid-cap band. This is where continuous two-sided quoting stops being guaranteed. LPT still prints regularly, but the depth behind each print thins out through the session, and the same order that barely registers in the morning can set the day's high in a quieter hour.

CryptoPingAi is currently streaming 6 live LPT order books (Binance, OKX, Gate.io, HTX, Upbit, Bithumb). That is wider coverage than most assets ranked near #276 carry, so a divergence on any one of them is far more likely to be a local liquidity event than a genuine repricing. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

LPT against its all-time high

LPT is down more than 95% from its $99.03 peak (on 2021-11-09), leaving a 69.9x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For LPT the informative reference is the downside, which makes the range section below more relevant than this one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

LPT across its historical range

LPT has traded across a 280x range, between $0.3541 and $99.03. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

LPT trades roughly 4.00x above its record low of $0.3541 (on 2019-10-26). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

LPT supply structure

There is no fixed maximum supply for LPT. Total supply stands at 49.7 million LPT and essentially all of it — 100.0% — is circulating. With no locked treasury to unlock, dilution comes from protocol issuance over time rather than from a cliff on a vesting calendar, which tends to produce slow supply drift instead of discrete unlock shocks. The supply is small in unit terms, so the per-token price is high and each whole-unit level carries real weight as a psychological threshold.

What kind of asset LPT is

Livepeer is tagged in the AI category, which in this market is a narrative cluster before it is a technical one. Assets here tend to move together on AI sentiment — often correlating with equity-market AI news rather than with the rest of crypto — and the correlation is strongest exactly when the narrative is hottest. That makes sector rotation, not project-specific news, the usual explanation for a large move.

CoinGecko files LPT under 10 categories, including Artificial Intelligence (AI), Harmony Ecosystem, Arbitrum Ecosystem, Ethereum Ecosystem, DePIN. CoinGecko also records deployments on Arbitrum (391 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading. Worth flagging from the metadata: LPT appears in the Multicoin Capital portfolio.

How to set a Livepeer alert that is worth receiving

Livepeer is the ERC-20 at 0x58b6…b239 on Ethereum — quoted on 6 venues we stream — high dated 2021-11-09 — rank #276. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →