UNUS SED LEOLEO

A token issued by iFinex, Bitfinex's parent, that the company buys back and burns from its revenue.

Rank #17Since May 2019

Price on 31 Oct 2026

C$13.16 -4.3% since 31 Jul 2026 · 9.6% below its all-time high

The short version

UNUS SED LEO was sold by iFinex, the British Virgin Islands parent of the Bitfinex exchange, in May 2019 as 1 billion tokens; about 79.9M have since been bought back and burned. iFinex also pledged 80% of net funds recovered from the 2016 Bitfinex hack to LEO buybacks, and the US government moved 264 of those bitcoin into court-ordered restitution on 6 Oct 2026. On 31 Oct 2026 one LEO cost C$13.16. From 31 Jul 2026 to 31 Oct 2026 its price changed -4.3% in Canadian dollars, and it was 9.6% below its all-time high of C$14.56 set on 4 Mar 2025.^[1]

Facts checked 2 Nov 2026 · 11 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$14.61 (8 Apr 2026) · low C$9.30 (6 Feb 2026) · -2.8%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$13.14	US$9.41
30 Sep 2026	C$12.85	US$9.02
31 Aug 2026	C$13.32	US$9.61
31 Jul 2026	C$13.72	US$9.78
30 Jun 2026	C$13.58	US$9.55
31 May 2026	C$13.89	US$10.07
30 Apr 2026	C$13.96	US$10.25
31 Mar 2026	C$13.60	US$9.76
28 Feb 2026	C$11.92	US$8.74
31 Jan 2026	C$12.40	US$9.14
31 Dec 2025	C$12.54	US$9.15
30 Nov 2025	C$13.73	US$9.82

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$13.16^[1]
3-month change: -4.3% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 9.6% below its high of C$14.56 (4 Mar 2025)^[1]
Market rank: #17, market value about C$12.1B^[1]
Kind: Token · Ethereum (ERC-20, 660M of the 1B); the rest issued on EOS (now Vaulta)
Started: May 2019

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?YesThe LEOController's owner multisig can call issueTokens to mint new LEO; none minted so far^{[2, 3, 4]}

Can anyone freeze or take coins from holders?NoNo blacklist or pause exposed today; the owner could install a new controller with such powers^[2]

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[4]

Is the supply capped?No1 billion issued and only burns since, but the controller's owner can issue more^{[2, 3]}

Any scheduled unlocks in the next 12 months?NoNo vesting or locked allocations^[5]

Does a team or foundation hold over 10% of supply?Not disclosediFinex does not publish its own LEO holdings^[6]

Do network fees reach coin holders?YesiFinex buys back and burns LEO with at least 27% of monthly revenue; about 79.9M burned^[7]

Main network hacked or halted in the past 2 years?NoNo exploit of the LEO contracts found; the 2016 Bitfinex hack predates the token^[8]

Is a regulator or court case targeting the coin itself?NoNYAG settled in Feb 2021; class action dismissed Aug 2023; no live case found^[6]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Issuer: iFinex Inc (British Virgin Islands), operator of Bitfinex; owners include Giancarlo Devasini (43%) and Christopher Harborne (12%)^[6]
Admin powers: A controller contract lets iFinex's owner multisig issue new LEO or burn its own; the controller can be replaced^{[2, 3]}
Past cases: NYAG settlement of US$18.5M in Feb 2021; a US class action was dismissed on 4 Aug 2023^[6]

Supply

In circulation: 919.86M LEO of 985.24M in total (93.4%)^[1]
Maximum supply: None set^[1]
Fully diluted value: 1.07 times its current market value^[1]
Issued: 1 billion in May 2019; the Ethereum contract holds 660M of them; about 79.9M burned since launch^{[3, 5, 7]}
Burn rule: iFinex says at least 27% of monthly gross revenue goes to buybacks and burns; burn dates are not pre-announced^[7]
Hack funds: 80% of net funds recovered from the 2016 hack (119,756 BTC stolen) go to LEO burns within 18 months^{[6, 9]}

Use and fees

Main use: Fee discounts at Bitfinex, the exchange run by its issuer^[6]
Who gets fees: Holders through burns: iFinex buys back LEO with revenue and burns it^[7]
Restitution: The US moved 264 BTC (about US$23M) from the 2016 hack into in-kind restitution on 6 Oct 2026^[7]

Trading

Daily trading: About C$363.1K a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 0.00% of its market value changes hands each day^[1]
20-week average: 0.8% above its 20-week average price^[1]
1-year change: -2.3% in C$^[1]^[10]
Thin trading: Typically under 1% of its market value trades in a day; typical daily trading under C$1.4M^[1]

History

Not a forecast

Coins ranked 11-50 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 1,080 cases, 157 coins

46% were higher a year later^[11]

Typical result: Median -6% after a year; 61% higher after two years
Lost half or more: 25% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found

Red flag: iFinex's controller contract has an owner-only issueTokens function that can create new LEO beyond the 1 billion issued in 2019; the owner is a multisig.^[2]

On 6 Oct 2026 Bitfinex said recovered hack assets will first repay victim claims, then at least 80% of remaining net proceeds go to LEO buybacks and burns.^[7]
In Jan 2025 US prosecutors asked a Washington court to return over 94,000 bitcoin from the 2016 hack to Bitfinex in kind.^[9]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.