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About Livepeer
Analysis of 11 Jul 2026Livepeer coordinates a decentralized network of GPU operators for video transcoding and AI inference. Broadcasters and application gateways pay demand-side fees, while orchestrators stake LPT, perform work, and earn fees plus inflationary token rewards.
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Livepeer reported record Q1 2026 activity: 134.4M processed minutes, up 71.9% quarter over quarter, and $257,300 in demand-side fees. AI inference generated about 60% of protocol revenue, overtaking traditional transcoding as the main revenue source.
CoinGecko reports 49.69M LPT circulating and no maximum supply, an $80M market capitalization, and $6.8M in daily token volume. The protocol's open-source tools and bring-your-own-container support target real-time and custom AI-video workloads.
