LBank at 10: Eric He Reflects on LBank’s 10-Year Journey and What Comes Next
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As LBank kicks off its grand 10th Anniversary Celebration, the exchange stands as a powerhouse in the cryptocurrency world, boasting a daily trading volume of $10.5 billion and a global user base exceeding 20 million. Evolving from its humble beginnings, LBank has solidified its position as the ultimate “100x Gems Hub,” a title bestowed by media outlets for its knack in spotting and launching high-potential assets that deliver explosive returns.
To mark this milestone, BeinCrypto sat down with Eric He, LBank’s Community Angel Officer and Risk Control Advisor, for an in-depth interview exploring the exchange’s journey over the past decade, its current triumphs, and bold visions for the next ten years.
Question 1: What inspired the founding of LBank a decade ago, and how has that original vision evolved?
Eric He: Thank you—it’s been a wild ride. In 2015, blockchain hit me like a thunderbolt: a tool to shatter TradFi’s walls, letting value flow freely without gatekeepers, putting power back in creators’ hands. That’s when I launched LBank—”L” for Liberation, freeing finance from old chains; “Bank” as a fluid, secure network open to all, not a stuffy vault.
LBank’s vision is to turn crypto’s chaos into accessible alpha, forging trust as the ultimate edge. A decade on, that fire burns brighter—we’ve scaled globally, but the core endures: innovate relentlessly, empower users, and build bridges over borders—LBank wields it like a blade, carving paths through the noise.
Question 2: After 10 years of development, what achievements has LBank accomplished?
Eric He: Ten years carve deep scars and sharper edges—LBank surges with $10.5 billion daily trading volume, a torrent that fuels the fire. 20 million users span 160 countries and regions, a borderless legion trading without chains. Spot trading volumes once stormed the global Top 5, seizing 3.2% market share(Data from Messari); derivatives volumes claimed a Top 5 spot worldwide. Relentless self-shattering defines the pulse—we outrun yesterday’s shadow in every cycle. The 2024 meme frenzy crowned us media darlings, spotlighting our edge in viral token hunts that minted fortunes from fever dreams.
Now, as the 100x Gems Hub, we unearth alpha veins others overlook, flipping underdogs into legends. Breakthroughs stack like blocks in an unbreakable chain—LBank doesn’t chase peaks; it redefines them, one audacious leap at a time.
Question 3: Media has dubbed LBank the “100x Gems Hub.” What’s your take on this label, and how does LBank identify and support these high-potential projects?
Eric He: I love that moniker—it’s spot on and a testament to our scouting prowess. At LBank, we don’t just list tokens; we hunt for the next big thing through rigorous due diligence, partnering with visionary teams early on. Our “100x Gems” come from a mix of data analytics, community feedback, and on-the-ground insights from our global network. We have listed the $GOAT, $TRUMP that delivered massive returns for our users.
It’s not luck; it’s a deliberate strategy to spotlight undervalued assets before they explode. This label motivates us to keep pushing boundaries and rewarding our traders with opportunities others miss.
Question 4: To celebrate its 10th anniversary, what special initiatives has LBank prepared for users around the world?
Eric He: This milestone deserves something truly special. We’ve launched a $2 million global rewards campaign across our platform — a massive online celebration designed to thank our users for a decade of trust and growth. Highlights include the $1.7 million Claw Machine Giveaway, where users can win exclusive Apple products, memecoins, BTC, ETH, SOL rewards, and a $0.3 million Futures Trading Competition that brings the community together in a friendly yet high-stakes challenge.
Beyond the celebrations, we’ve also kicked off our most ambitious program yet — the $1 Billion Talent Program. It’s a long-term initiative to empower the next generation of builders, creators, and innovators within the crypto ecosystem. From developers to marketers and content creators, we’re opening doors to global collaboration, funding, and exposure.
Our goal is simple: to celebrate the past ten years by investing in the next ten — with our community at the heart of it all.
Question 5: Security is paramount in crypto. What specific measures has LBank implemented to protect users, and why does it matter now more than ever?
Eric He: Trust is the bedrock of any exchange, especially in crypto’s wild west. LBank invests heavily in multi-layered security: This year, we established a $100 million Security Fund dedicated to protecting users against extreme market volatility and unforeseen incidents. LBank also partners with security firms like Elliptic and CertiK to conduct continuous risk monitoring, contract audits, and compliance reviews.
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Most importantly, we put transparency and user trust above all else. LBank will soon release its Proof of Reserves, reaffirming that every user asset is fully backed and securely stored. In a market where trust is often tested, we choose to prove ours — through openness, action, and unwavering protection.
Question 6: The crypto market has been turbulent lately, especially with the sharp crash on October 11, 2025. How do you see this impacting the industry, and what’s your prediction for recovery?
Eric He: The October 11 dip—triggered by regulatory jitters and macro pressures—wiped out billions, but it’s a classic crypto reset. We’ve seen this before: fear shakes out weak hands, paving the way for stronger fundamentals. Short-term, expect volatility as institutions reposition, but I predict a V-shaped recovery by Q1 2026, driven by ETF inflows and clearer U.S. regs. LBank’s robust liquidity helped us weather it seamlessly, with volumes spiking 20% post-dip as traders capitalized on buys. Long-term, this culls the herd, making room for sustainable growth—crypto’s resilience is unmatched.
Question 7: As LBank enters its next decade, what’s your bold vision for the exchange and the broader crypto space?
Eric He: The next decade for LBank is about building deeper, broader, and smarter.
On the product side, we’ll continue to diversify our offerings — making crypto trading more intuitive, lowering barriers for new users, and providing a richer selection of assets and investment products. Whether it’s spot, derivatives, or innovative Earn solutions, our goal is to make every user feel that finance can be both accessible and empowering.
In terms of ecosystem, we’re focused on expanding the LBank network globally, connecting communities, developers, and projects across emerging markets. Through partnerships, incubation, and education, we want to turn LBank from a single exchange into a thriving, open ecosystem where ideas and opportunities circulate freely.
And beyond business, our long-term vision is to help shape a world where crypto truly integrates into daily life — powering real economies, driving transparency, and giving individuals more control over their financial future.
We’re not just entering the next decade — we’re designing it.
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