LEO UNUS SED LEO (LEO) is a cryptocurrency that was launched in May 2019 by the Bitfinex exchange. It is a utility token that is designed to be used within the Bitfinex ecosystem. The name LEO is derived from the Latin phrase "Unus Sed Leo," which means "one but a lion." This phrase is a reference to the strength and power of the Bitfinex community, which is represented by the lion symbol.

LEO is used to pay for trading fees on the Bitfinex exchange, and users who hold LEO tokens are eligible for discounts on their trading fees. In addition, LEO can be used to purchase other cryptocurrencies on the Bitfinex platform. The total supply of LEO is 1 billion tokens, and the tokens were initially sold through a private sale to raise funds for Bitfinex. LEO has gained popularity among traders and investors due to its utility within the Bitfinex ecosystem and the discounts it offers on trading fees.

Overall, LEO UNUS SED LEO is a cryptocurrency that is designed to be used within the Bitfinex ecosystem. It offers discounts on trading fees and can be used to purchase other cryptocurrencies on the platform. The name LEO is a reference to the strength and power of the Bitfinex community, and the total supply of LEO is 1 billion tokens. While the price of LEO can be volatile, its utility within the Bitfinex ecosystem has made it a popular choice among traders and investors.