Unus Sed Leo token price stabilizes near $9.03

The Unus Sed Leo (LEO) token is trading at approximately $9.03, showing minor fluctuations with a 0.07% increase over a 24-hour period. The asset maintains an estimated market capitalization of $8.31 billion, though recent 24-hour trading volume has been relatively low at approximately $126,370.

Bitfinex has committed to using at least 80% of the remaining net proceeds from the 2016 hack recovery for LEO buybacks and token burns. This follows a transfer of 264,863 Bitcoin to Coinbase on October 6, 2026. The burn process involves permanently removing tokens from circulation after accounting for recovery right tokens and procedural costs.

In addition to the hack recovery funds, iFinex employs a monthly buy-and-burn mechanism, utilizing at least 27% of consolidated gross monthly revenues to purchase and destroy LEO tokens. The current circulating supply is reported at approximately 919.86 million LEO.