3.04% counterattack: Decoding how LBank overtakes in the CEX red ocean market

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ODAILY
06-10
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Recently, rumors about pump.fun's upcoming token launch have become a hot topic again. Circle's successful listing, financial giants competing to layout BTC and ETH ETFs, and even clustering into the stablecoin track to start a new round of on-chain rights battle; on the other hand, Binance Alpha frequently launches new products, Gate.io Alpha also launches a point system, BitMart launches BM Discovery, with trading platforms emerging with various strategies to compete for existing users.

In this dual battlefield of "emotional gaming" and "product involution", LBank, as a beneficiary of this round of Meme craze, maintains heat penetration and user stickiness, advancing key layouts against the trend during low periods, and continuously opening up value breakthroughs in hot spot rotation. Although the market is restless, a competitive main line leading to a new pattern has quietly emerged.

LBank: From On-chain Front Runner to Asset Amplifier

In this "external heat and internal coldness" dual game, LBank stands out with "value discovery" and "liquidity amplification effect".

In the CEX market report released by 0x Scope on October 21, 2024, it was pointed out that LBank's global spot market share has risen to 3.04%. Now, LBank is not just an active participant in the Meme sector, but a true wealth explosion point in hot spot cycles.

Avalanche Sector: $LAMBO Soars Upon Listing, 226.3% Platform Wealth Release

Last week, Meme trading on the Avalanche chain experienced a small-scale explosion. According to defillama data, Arena DEX's daily trading volume broke through $14 million, becoming the third-largest DEX on Avalanche, surpassing Uniswap and Aave.

In this wave, Meme coin $LAMBO quickly stood out - a meme coin born on Saturday, with market value rapidly climbing to $26 million. The coin was first listed on LBank, with a maximum increase of 226.3%, and currently still has a 24-hour increase of 177.2%.

KOL Wojak Satoshi even publicly voiced on X platform: "First Lambo secured by @LBank_Exchange", confirming LBank's carrying capacity and platform hard power in on-chain sentiment and wealth conversion rate.

Base Chain Dividend Tide: PayFi Representative KTA Soars 183 Times, LBank Market Share Ranks First

The Base ecosystem becomes an institutional hot land for the first half of 2025, with VC returns collectively rising. According to KOL hitesh.eth's tweet, KAITO with 19.3 times, GIZA with 18.6 times, and KTA with 13.2 times lead the returns.

Among them, the most explosive PayFi project KTA has increased by over 183 times since the beginning of the year. More critically, in CEX market share, LBank ranks first with 3.77%, leading the way in diverting PayFi revenue dividends into user asset pools.

Its performance is similar to the previous RWA concept OM, showing high control characteristics. PayFi's rise indicates that the combination of payment scenarios and DeFi is becoming a new investment hotspot, and LBank has seized the opportunity with its keen market sense.

IP as Asset: LABUBU and EG L1's Cultural Explosion Points, LBank Creates Breaking Circle Paradigm

Currently, trendy IP and abstract culture have become a new story container for Generation Z, from Disney to Jellycat to the now-popular LABUBU, emotional value has become the main purchasing power. Today, the Solana ecosystem Meme coin LABUBU, based on Bubble Mart trendy IP, has a market value exceeding $32 million, with a 24-hour increase of over 48%.

As the first centralized exchange platform to list LABUBU, LBank had already listed LABUBU on May 22, with a market share of 60.71% and ranking first in trading volume. As of June 10, LABUBU's maximum increase on LBank reached 830%, surpassing other centralized exchanges.

Another hot Meme is EG L1, the first superhero-style Memecoin, inspired by the glorious momentum of Marvel comics, showcasing the bold spirit and values of American culture. As a pool paired with USD 1 and currently ranking first in trading competition, EG L1 was first listed on LBank on June 6. As of June 10, it has been rising for 5 consecutive days, with a short-term increase of over 200% and a maximum increase of 936.5%.

Focused on Meme, But Not Only Meme

In the rapidly changing crypto market, LBank demonstrates a unique balance.

LBank is not limited to Meme assets but continues to maintain a parallel layout of multiple asset types: it can be the first to list explosive Meme projects like LABUBU, EG L1, and LAMBO during emotional peaks, and also promotes the listing of stable assets like USD 1, extending user revenue dimensions through a 30% annual USD 1 financial tool.

"An excellent hunter knows both how to chase opportunities and how to patiently wait"

In an era of highly homogeneous competition, where exchanges compete on project listing speed and short-term explosive frequency, LBank is trying a different approach - not to confront hot spots, but to maintain continuous capacity for multiple asset types beyond hot spots. In other words, LBank is not limited to a specific narrative or traffic style, but always tries to find a relatively balanced logic of capturing and amplifying between assets with different risk preferences.

LBank is proving that in the "fast and slow alternation" cycle of the crypto world, only by mastering both "surfing" and "boat building" can one truly cross bull and bear markets and become a survivor and rule rewriter in the new pattern.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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