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LBank Doubles Market Share in Meme Asset Spot Trading by September 2025

LBank credits its surge in meme coin market share to LBANK EDGE’s $5 million insurance fund and LBmeme Launch, offering returns up to 152x, per its official statement.

Summary

LBank announced that its meme coin spot market share rose from 11.2% in January 2025 to a peak of 28.9% in September, citing data from CoinGecko’s 2025 Meme Coin Report. The company attributed this growth to innovations like LBANK EDGE, which includes a $5 million insurance fund, and LBmeme Launch, which has delivered returns as high as 152x for participants. This marks the only doubling in market share among centralized exchanges during the period.

Terms & Concepts
  • CEX (Centralized Exchange): A platform where cryptocurrency trades are managed and executed by a central authority rather than directly on a blockchain.
  • LBANK EDGE: A proprietary trading product by LBank designed to enhance user trading experience and efficiency, now with a $5 million insurance fund.
  • LBmeme Launch: A platform or service by LBank for introducing and promoting meme-themed cryptocurrencies, with reported returns up to 152x.