LEO, also known as UNUS SED LEO, is a utility token issued by the Bitfinex cryptocurrency exchange. Launched in May 2019, it operates on both the Ethereum and EOS blockchains, allowing users to choose the network that best suits their needs. The token functions as the native asset of the Bitfinex platform, providing holders with reduced trading, lending, and withdrawal fees, as well as access to promotional offers and rewards programs. Beyond fee discounts, LEO grants its holders a degree of participation in platform governance, enabling them to vote on certain operational decisions related to the exchange. The token also features a buyback and burn mechanism, in which a portion of Bitfinex's revenue is used to repurchase LEO from the open market and permanently remove it from circulation. As an exchange-based token tied to one of the longer-standing centralized exchanges in the industry, LEO is categorized within the Ethereum and Sora ecosystems. Its design is intended to align the interests of the platform with those of its users by tying token utility directly to exchange activity.
BNB down 24.5%, GT off 32.6%, BGB cut 41.4% — the year has been a one-way bleed for exchange tokens, with a single outlier holding positive territory.
LEO (UNUS SED LEO) is a utility token issued by the Bitfinex exchange, and since its launch in May 2019, it has become a central part of the platform’s ecosystem.
LEO Token (LEO) launched on 2019-05-20.
LEO Token (LEO) is categorised as: Exchange-based Tokens, Centralized Exchange (CEX) Token, Ethereum Ecosystem.
The official LEO Token site is https://www.bitfinex.com/.
Most recent LEO Token coverage: "CEX tokens slump in 2026 — only LEO stays green, BGB tanks 41%" — read at /en-US/a/cex-tokens-bleed-in-2026-only-leo-holds-positive-ground.
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