Livepeer
Research notes
Fee and revenue figures across the 24-hour, 7-day, and 30-day windows are the most direct indicator of whether the network is actually being used for video transcoding, since broadcaster demand is what drives ETH payments into the system. The fee growth rate, currently negative 5.57 percent over the trailing 30 days, shows the direction of that demand and is worth tracking over successive periods to see whether the trend persists, reverses, or accelerates. The market-cap-to-fees ratio of 248.66, calculated against annualized trailing 30-day fees, contextualizes the current market capitalization relative to the protocol's actual fee generation, so changes in either the fee run-rate or the token's market capitalization will shift this figure meaningfully. Developer activity metrics, including commits over the trailing four weeks currently at zero, pull-request contributors at 40, and repository stars at 72, offer a window into whether protocol development remains active, which matters for a network whose economic value depends on ongoing technical maintenance and improvement.
Written by an AI language model from the figures listed below, on 18 Oct 2026 09:24 UTC.
