Livepeer

Livepeer

Decentralized video streaming network providing GPU transcoding infrastructure for live video at scale

Launch Year
2018
Consensus
Delegated Proof of Stake
Max Supply
Uncapped (~22M LPT in circulation)
Block Time
~12 seconds (Ethereum)
LPT
LPT
Livepeer
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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Livepeer Price Chart

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About Livepeer

Livepeer is a decentralized video transcoding network that enables live and on-demand streaming by pooling GPU resources from network participants. Video transcoding — converting raw video into formats viewable on all devices — is computationally expensive and a major cost center for streaming platforms. Livepeer reduces these costs by up to 50x compared to centralized cloud providers by creating a marketplace where GPU owners (Orchestrators) compete to transcode video. LPT token holders delegate stake to Orchestrators who earn ETH fees from video developers. Livepeer is used by Web3 livestreaming platforms, NFT video hosting, and decentralized social media applications.

History

2018
Livepeer mainnet launches; LPT slow-start distribution over 2.4 years begins.
2019
First Orchestrator network forms; video mining (earning LPT via GPU transcoding) launches.
2020
Livepeer on Demand service for video NFT hosting launches; fee revenue in ETH begins.
2021
Arbitrum integration reduces delegation gas costs; transcoding volume grows 10x.
2022
AI video pipeline support added; probabilistic micropayment system deploys.

How to Swap LPT

Exchanging Livepeer (LPT) on SyntheticSwap is straightforward and requires no registration or identity verification. LPT is an ERC-20 token built on Ethereum, so you can use MetaMask, Coinbase Wallet, Trust Wallet, or any other Ethereum-compatible wallet to send and receive it. Select LPT in the SyntheticSwap interface, choose your destination coin, enter a receiving address, and confirm the rate. Your swap processes automatically — the destination token arrives in your wallet once the Ethereum transaction is confirmed.

How to Store LPT

Store LPT in MetaMask, Ledger, or any ERC-20 compatible Ethereum wallet. Delegate LPT via the Livepeer explorer to earn ETH rewards.

Frequently Asked Questions