LBank’s Q1 2025 Spotlight: Eric He on Meme Dominance, Innovation, and Crypto Future

By Vivek
Published April 3, 2025 Updated April 3, 2025
Eric He
By Vivek
Published April 3, 2025 Updated April 3, 2025

Exclusive Interview with Eric He

The cryptocurrency market in Q1 2025 has been a rollercoaster of fluctuations, from top memecoins boom to security scares. Amid the chaos, Recently, LBank released its Q1 report, highlighting major achievements which underscores LBank’s strong market positioning and strategic initiatives, reflecting its commitment to innovation and user-centric development. 

To delve deeper into these milestones and gain further insights into LBank’s strategy, CoinGape interviewed Eric He, LBank’s Community Angel Officer and Risk Control Adviser.

Question #1
interview-question
LBank has achieved several milestones in Q1. Can you elaborate on the key highlights?
coingape

Absolutely. In Q1 2025, we saw a significant surge in trading volume, surpassing $4 billion in daily trading, a 17.47% quarter-on-quarter increase. We listed 366 high-quality assets, and LBank’s platform network traffic saw significant growth, rising from 12.4 million visits in Q4 2024 to 14.9 million visits, marking a 20% increase. 

Additionally, LBank also introduced new trading innovations, such as our pre-market guarantee mechanism, which covers up to 90% of assets. Our ability to capture market trends early, combined with strong community engagement, has been key to this growth.

Question #2
interview-question
Expanding on LBank’s trading keywords, we’ve noticed a strong focus on Memecoins. What achievements has LBank made in the Meme sector, and will it continue in this direction?
coingape

Memecoins represented 51% of all new listings in Q1. Several Memecoins on our platform recorded extraordinary gains, such as $TST surging by 6,842%, $TRUMP by 5,654%, $PAIN by 3,329%, and $NE by 2,413%. Notably, $GRIFT captured a 54% market share among centralized exchanges, highlighting LBank’s dominance in meme trading.

Beyond trading achievements, LBank has actively contributed to the memecoin ecosystem. LBank led a seven-party coalition in a $15 million donation to DEXX and are recognized by Coingape as “Top Exchange for Meme Investments.” As memecoins continue to evolve into a significant asset class, we remain committed to providing liquidity, seamless trading experiences, and strategic partnerships to strengthen our position as the leading exchange in the meme economy.

Question #3
interview-question
Product innovation is the backbone of an exchange. How has LBank progressed on this front?
coingape

We firmly believe that continuous product innovation drives user growth and engagement. In Q1, LBank’s Launchpool continued to provide users with early-stage investment opportunities in promising projects like MVHQ and RealtyX, which soared by 633% and 718% respectively. 

Also, the Pre-Market Guarantee is LBank’s exclusive, first-of-its-kind price protection mechanism. In Q1, we launched 10 pre-market assets, 90% of which were price-protected, with the highest ROI reaching 20,676%, with high quality assets such as BEAR, IP, PAIN, etc.

Question #4
interview-question
Security is a critical factor for any exchange. How has LBank ensured a safe trading environment in Q1?
coingape

Security is our top priority. In Q1, LBank’s intelligent risk control system, powered by AI, successfully defended against over 1,800 potential security threats, preventing losses exceeding $200 million. 

Our rapid-response mechanism blocked over 300 suspicious transactions per month. To further protect users, we launched a $100 million contract risk protection fund, one of the most comprehensive safety measures in the industry. Additionally, we partnered with Elliptic to integrate cutting-edge KYT and AML solutions, reinforcing compliance and security.

Question #5
interview-question
We’ve noticed that LBank has been actively engaging in brand activities and community-building efforts. Could you share more details on recent developments in this area?
coingape

Over the past year, we’ve expanded our global branding and offline activities. In Q1, we hosted major events like the Consensus HK Side Event “AI in the Skyline,” which attracted over 20,000 participants. We also launched our ambassador program, bringing together top industry KOLs and analysts to enhance community engagement. Looking ahead, we are set to host “1001 Crypto Nights” in Dubai, featuring top-tier projects and performances by global artists, creating an immersive Web3 experience for users.

Question #6
interview-question
Looking ahead to Q2, what are LBank’s key priorities?
coingape

In Q2, we’re doubling down on our three core advantages—”Fastest Altcoin Listings,” “Top1 in Meme Liquidity,” and “Pre-Market Guarantee.” Our focus is on pioneering industry-first initiatives, refining risk control mechanisms, and launching AI-driven market intelligence tools.

We’ll continue identifying breakout assets early, ensuring our users stay ahead of market trends. Our commitment to innovation, security, and community engagement will remain unwavering, helping traders navigate volatility and capture long-term value in the evolving crypto landscape.

Question #7
interview-question
The crypto market is increasingly influenced by macroeconomic factors and external policies. The traditional four-year cycle seems to be losing relevance. How do you view the market’s future, and what is your personal trading strategy?
coingape

 Indeed, the market has become more complex, with global economic shifts playing a bigger role. While the four-year cycle theory provided a historical framework, market dynamics are now driven by institutional adoption, regulatory developments, and macroeconomic conditions. 

Don’t try to ‘make all the money’ in one cycle, but participate in the industry with a multi-cycle perspective. Bitcoin is ‘gold with wings’ because it is more volatile and has a higher upside. I see myself as a long-term HODLer, a long-term call option holder!

Disclaimer The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.