Livepeer (LPT)
Decentralized video transcoding network. Real compute demand from video platforms.
Ranked 56th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
LPT scores 123 of 250 across the 25-variable framework, which places it 56th of 251 rated tokens and inside the top quartile of the set. The framework verdict is CAUTIOUS HOLD.
The score rests on Competitive Moat 6/10, 29th of 251, Team Execution 6/10, 30th of 251, Revenue Trend 5/10, 32nd of 251 and Developer Activity 6/10, 33rd of 251.
100% of eventual supply is already circulating, so vesting is not a live risk for LPT. Price has to be justified by demand rather than absorbed against a cliff.
LPT trades 98.7% below its all-time high of $99.03. Recovering that level is a 76.9x move, not a 98.7% one, which is the arithmetic most drawdown charts hide.
The framework score gained 123 points against the previous pass (0 to 123). Revisions of this size follow a change in the underlying variables, not a change in price.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 5 | 37th of 251 | |
| Revenue Trend | 5 | 32nd of 251 | |
| P/S Multiple | 5 | 38th of 251 | |
| Real Staking Yield | 5 | 37th of 251 |
Supply
| Supply Inflation | 5 | 61st of 251 | |
| Vesting Schedule | 6 | 59th of 251 | |
| Circulating / FDV Ratio | 6 | 88th of 251 | |
| Buyback and Burn | 3 | 63rd of 251 |
Ownership
| Smart Money Flows | 5 | 48th of 251 | |
| Insider Selling | 5 | 42nd of 251 | |
| Holder Concentration | 4 | 58th of 251 |
Traction
| TVL Trend | 4 | 65th of 251 | |
| Active Users | 4 | 91st of 251 | |
| Developer Activity | 6 | 33rd of 251 | |
| Network Growth | 5 | 52nd of 251 |
Position
| Market Share | 6 | 36th of 251 | |
| Competitive Moat | 6 | 29th of 251 | |
| Institutional Adoption | 4 | 71st of 251 | |
| Exchange Depth | 5 | 73rd of 251 | |
| Social Mindshare | 4 | 86th of 251 |
Risk
| Regulatory Safety | 6 | 52nd of 251 | |
| Catalyst Calendar | 4 | 90th of 251 | |
| BTC Alpha Potential | 4 | 45th of 251 | |
| Team Execution | 6 | 30th of 251 | |
| Treasury Runway | 5 | 74th of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Catalyst on the scorecard
AI video inference demand on Livepeer network, with 300+ new orchestrators onboarded by April 2025.
The April 2025 item has already passed. This was written as forward-looking at the 11 Jun 2026 scoring pass, so read those parts as history. Anything else listed may still be ahead.
Principal risk
Competition from Render Network's video pipeline or AWS MediaConvert capturing 80%+ market share.
Market and supply
| Price | $1.27 |
| Market cap | $63.3Mrank 351 |
| All-time high | $99.039 Nov 2021 |
| Circulating supply | 49,688,955 |
| Eventual supply (total supply) | 49,688,955 |
| Dilution to full supply | 1x |
| Listed on | Coinbase, Kraken, Uniswap |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to LPT measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Common questions
- What is the Early Thunder score for Livepeer (LPT)?
- LPT scores 123 out of 250 on the 25-variable framework, ranking 56th of 251 rated tokens (top quartile). The framework verdict is CAUTIOUS HOLD.
- What are LPT's strongest fundamentals?
- LPT ranks highest on Competitive Moat 6/10, 29th of 251, Team Execution 6/10, 30th of 251, Revenue Trend 5/10, 32nd of 251 and Developer Activity 6/10, 33rd of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- How much LPT supply is still to enter circulation?
- 100% of eventual LPT supply is circulating today, leaving 1x the current float still to arrive. At a flat price per token that is 0% of fully diluted value ahead of current holders.
- How far is LPT from its all-time high?
- LPT trades 98.7% below its all-time high of $99.03. Returning to that high requires a 76.9x move from the level used in this scoring pass.
- Which tokens have a similar profile to LPT?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to LPT are MNDE (119), STORJ (108), POOL (96) and JOE (117). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What catalyst was LPT scored against?
- AI video inference demand on Livepeer network, with 300+ new orchestrators onboarded by April 2025. This was written as forward-looking when the scoring pass ran. The April 2025 item has since passed, so read that part as history. Anything else listed may still be ahead.
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.