🙏 LBankers, this is my way of keeping you updated on a weekly basis.
The market never stands still, and neither should we. This week was about turning momentum into real product growth, stronger market share, and broader recognition beyond crypto.
Here is what we achieved:
1️⃣ PENGU Momentum Reaches Mainstream Finance 🐧
Our $500,000 Pudgy Penguins campaign continued gaining attention, with
@beincrypto highlighting it as one of the key catalysts behind $PENGU’s recent surge.
The story was then picked up by Yahoo Finance, bringing the LBank and Pudgy Penguins narrative in front of a much broader financial audience.
For me, this is another strong signal that culture, community, and trading activity are becoming increasingly connected.
2️⃣ LBank Physical Visa Card Is Live 💳
A major product milestone this week.
The LBank Physical Visa Card officially launched, allowing users to spend directly from their spot balance across the global Visa network, with Apple Pay and Google Pay support, cashback benefits, and no monthly, top-up, or FX fees.
The launch also reached the front pages of both
@CoinDesk and
@Cointelegraph
Crypto should be useful beyond the trading screen. This is another important step in that direction.
3️⃣ Market Share Grew While the Market Contracted 📈
@CryptoRank_io’s July data showed approximately $24B in LBank spot volume, with our market share increasing from 2.97% to 3.4%.
That is a 14.47% increase at a time when overall spot CEX volume was sitting near a two-year low.
Growing when the broader market is expanding is good. Growing share when the market contracts tells you something more.
4️⃣ Pudgy Penguins Keeps Moving Across Culture and Markets 🌍
The campaign continued through new cultural activations, including La Tomatina, while regional asset initiatives around PENGU, XRP, and TRX helped us connect content with what users are actually trading.
We want these collaborations to live beyond a single announcement. The goal is to keep turning cultural attention into participation.
5️⃣ LBank Leads $NVDA Spot Market Share 🟢
Ahead of NVIDIA earnings, we expanded our NVDA trading narrative across spot and futures.
According to
@coingecko data, LBank held a 3.59% share of NVDA spot trading volume, ranking #
1# among the major exchanges included in the comparison.
TradFi on crypto rails continues to be an area we believe has significant room to grow.
Another week of building.
Products, market share, culture, and real-world utility are all moving forward together.
Thank you to every LBanker building with us. 💛