UNUS SED LEO (LEO) Price Chart and Market Data

This overview outlines primary data for the UNUS SED LEO ecosystem, covering platform utility, deflationary mechanics, initial funding distribution, supply concentration, and active trading venues.

What is the UNUS SED LEO (LEO) token?

LEO serves as the main utility token for the iFinex ecosystem, mostly powering the Bitfinex exchange. Think of it as a massive loyalty and fee-reduction pass for global traders. iFinex actually launched it back in May 2019 through an Initial Exchange Offering to quickly plug a $1 billion capital hole after some legal seizures. By holding LEO, either on-chain or right on the platform, users get access to tiered discounts on their trading, lending, and even fiat withdrawals.

How does the leo token buyback and burn work?

Here is the deal: LEO is entirely deflationary. There's no new minting allowed, ever. iFinex is legally bound to take at least 27% of its consolidated monthly revenue to buy back LEO at market rates and burn it. On top of that regular burn, they are using 80% of the recovered funds from the infamous 2016 Bitfinex hack—which includes over 94,600 Bitcoin returned in early 2025—to fund a massive, 18-month burn cycle.

Who exactly backed the initial token sale?

That $1 billion offering in May 2019 brought in a really mixed crowd. It wasn't just retail or whales—it actually attracted high-net-worth individuals, institutional trading desks, and yes, venture capital. You might wonder if traditional VCs jumped in, and they did. SNZ Holding, a Tier 3 VC firm, was part of that initial coin offering. It’s worth noting the sale was so hyped it sold out the entire 1 billion token supply at a flat $1.00 rate almost instantly.

Are there vesting schedules we should know about?

Honestly, no. You won't find any traditional vesting cliffs or lockups here. Exactly 100% of the initial 1 billion LEO tokens were fully unlocked right at launch. Since it was an emergency fundraising effort, the buyers needed immediate custody of their assets. That said, the supply is still heavily concentrated today. The Bitfinex treasury holds a massive chunk for corporate operations, and data from early 2026 shows the top addresses still control over 60% of the total supply.

Where can you trade the leo coin today?

Bitfinex is obviously the main hub, handling roughly 40% of the daily trading activity. But it’s definitely not the only place to go. Gate and LBank also pull in significant volume, accounting for roughly 35% and 20% of the action, respectively. If you prefer decentralized, permissionless setups, the ERC-20 version of the token is actively traded over on Uniswap v3 against WETH.

Do holders get specific trading discounts on Bitfinex?

Absolutely, but it depends on your bag size. The utility is strictly tiered based on your rolling 30-day average balance. For instance, holding over 5,000 USDT worth of LEO gets you a 25% cut on crypto-to-crypto taker fees. If you're an institutional trader holding over 50 million USDT equivalent, you unlock up to $2 million a month in fee-free fiat withdrawals. Traders also snag a 15% to 30% interest rate cut when using LEO as margin.