Bubble
Livepeer LPT
Livepeer (LPT) was trading at $1.31, ranked #366 by market cap at $65.33M, with 24h volume of $13.58M.
Data snapshot: 2026-09-02 12:15 UTC.
Livepeer is a marketplace for video transcoding — converting a stream into the multiple resolutions viewers need — done by independent GPU operators rather than a cloud provider, at a fraction of the usual cost. Transcoding is one of the largest line items for any video platform, which gives the network an unusually concrete thing to sell. Livepeer does one thing: video transcoding — converting an uploaded stream into the range of resolutions and formats viewers need. It is unglamorous, computationally expensive, and a real cost line for any platform handling video at scale, which makes it one of the more concrete problems any network on this map addresses. Orchestrators stake LPT and are paid for the work they perform. Its usage is measurable in minutes of video processed, which is the kind of metric most tokens in this sector lack.
What is video transcoding?
Converting a video stream into multiple resolutions and formats so it plays across devices and connection speeds. It is computationally expensive and a major cost for video platforms.
How does Livepeer work?
Orchestrators stake LPT and perform transcoding work, earning fees. Delegators can stake to orchestrators without running hardware themselves.
Why is this a good fit for a decentralised network?
The work is parallelisable, verifiable and expensive to do centrally, so distributing it to spare GPU capacity has a genuine cost advantage.
How is usage measured?
In minutes of video transcoded and fees paid, which is a concrete metric rather than a proxy.
Market cap decides how big a bubble is drawn, so rank is what places LPT on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #100 | Filecoin (FIL) | $577.04M |
| #269 | Helium (HNT) | $99.85M |
| #285 | Aethir (ATH) | $91.29M |
| #366 | Livepeer (LPT) | $65.33M |
| #372 | Walrus (WAL) | $64.55M |