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November 2025 delivered intense volatility and a broad market correction across crypto. While prices swung sharply and trended lower overall, LBank defied the downturn, sustaining strong growth momentum and outperforming the field.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/a7e246f2c5ad418ab7935cc5e047b850.png">

Powered by razor-sharp sector insight and rock-solid liquidity, LBank captured a 4.6% global spot market share and ranked Top 4(source: Messari) and ranked #1 among all centralized exchanges for month-over-month futures open interest growth — cementing its status as a top-tier global player.
<h2 id="strong-spot-market-share-4-6-futures-open-interest-growth-1-among-cex-strong">Spot Market Share 4.6%, Futures Open Interest Growth #1 Among CEX</h2>
In November, LBank made strong advances on both spot and futures fronts, demonstrating sustained advantages in liquidity provision and coverage of cutting-edge assets.
<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e0f0db2a788b43f0aa6ff20843686887.png">

On November 26, LBank’s spot daily trading volume exceeded $3.8 billion, with a single-day market share peaking at 4.6%, ranking 4th globally (Source: Messari). This achievement stems from deep cultivation in frontier asset layout and liquidity management — from global first listings of high-growth tokens to rapid response to market hotspots, LBank has consistently maintained industry-leading sensitivity.
<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/53b199d8528b4a41b894a8108ea3f548.png">

In the futures market, LBank’s open interest grew 9% month-over-month, outperforming BitMart (+3%), HTX (+2.6%), Bybit (+2%), and others, continuing to rank #1 in growth rate (Source: CoinGlass). The platform recorded $6.7 billion in 24h futures volume and $2.7 billion in total open interest, taking an absolute leading position across many mainstream and emerging contract markets:
<ul>
 <li>ATOM, TON, BCH, WIF futures open interest all ranked global #1</li>
 <li>DOGE, FIL, NEAR, DOT, ADA, AVAX entered the global top 3</li>
 <li>New asset contracts showed crushing dominance: EDEL and MCDX at 100%, AXL at 90.21%, ZENT (81.27%), GLM (65.84%), HNT (65.30%), BEAT (57.85%), CTC (57.57%), etc., all above 50% — highlighting LBank’s precise capture of high-momentum assets.</li>
</ul>
<h2 id="strong-47-of-listings-were-global-first-launches-highest-gain-39x-strong">47% of Listings Were Global First Launches, Highest Gain 39x</h2>
In November, LBank continued its high-frequency listing strategy, launching 60 tokens, of which 28 were global first listings (a 47% premiere ratio). There were 7 tokens up over 10x and 45 tokens that at least doubled (~75% of listings), significantly outperforming other top exchanges in the same period.
<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/fc78d1a7603b4f7caff35a7e9e4d743b.png">

Representative high-performers: BAY (+3,900%), RORO (+3,200%), BEAT (+2,900%), BBO (+1,567%), OPH (+1,300%), MMT (+1,163%), CTC (+1,059%), SUPER (+888%), PIEVERSE (+790%), etc.
Compared to October’s Chinese Meme + AI Agent frenzy, November’s narratives became far more dispersed and diversified, with music NFTs, charity concepts, and Web3 infrastructure taking turns in the spotlight. Through flexible listing strategies and accurate sector judgment, LBank continuously provided users with early access to high-growth assets.
Strongest narrative rotations this month:
<ul>
 <li>Music sector rises: BEAT (+2,900%) became the dark horse of the month. Its music copyright-sharing model and real artist collaborations attracted massive attention, showcasing the potential of NFT + community integration.</li>
 <li>Community-driven Memes remain hot: RORO (wildlife + charity), BBO (Emoji-Style Meme), OPH (Auction Gaming Platform), etc., exploded under strong community momentum.</li>
 <li>Web3 infrastructure returns: BAY (Marina Protocol ecosystem token) surged 39x, reflecting strong market demand for utility tokens.</li>
 <li>DeFi veteran revaluation: GNO (+536%), SUPER (+888%), and other established projects regained capital attention, showing investors’ focus on long-term value assets.</li>
</ul>
<h2 id="strong-airdrops-earnings-products-zero-fee-trading-triple-incentives-launched-strong">Airdrops + Earnings Products + Zero-Fee Trading — Triple Incentives Launched</h2>
In November, LBank continued to strengthen user incentives and asset appreciation tools through airdrops, financial products, and zero-fee policies.
<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/fedbda3d92514fa0b2459d4cde66488b.png">

<ul>
 <li>Total airdrop value reached $194,000, covering popular tokens like TYCOON, AI4, RUBY, SCAI, etc., offering users zero-cost entry into new assets.</li>
 <li>Earnings products: Launched stablecoin products with up to 500% APY. On Nov 6, USDT/USDC earnings went live — new users could enjoy up to 500% annualized yield for 7 days with bonus coupons. Within just 5 days, total deposits reached $67.43 million, attracting over 93,118 participants. On Nov 18, flexible current-term stablecoin products were introduced (USDT 3.48% APY, USDC 3.05% APY), allowing instant withdrawal/trading while earning stable returns.</li>
 <li>Nov 21: Boosthub first project Kyuzo’s Friends (KO) launched — users could claim 1,250,000 KO for free. Boosthub provides fair, transparent, zero-cost participation in high-potential early projects.</li>
 <li>Nov 29: LBank fully launched zero-fee spot trading across all spot pairs. Meanwhile, users depositing into futures accounts during the campaign can receive 100% enhanced Bonus Pro with no individual cap.</li>
</ul>
<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/4e990ec90f2a4562beb8c25c965da6f8.png">

Additionally, LBank deepened global ecosystem development and user experience:
<ul>
 <li>Nov 10: Launched seamless P2P + LBank Pay one-stop fiat on/off-ramp in Vietnam, significantly lowering the barrier to crypto adoption in Southeast Asia.</li>
 <li>Nov 18: Strategic partnership with CoinGlass to provide high-quality derivatives data and smart trading support (real-time price trends, volume, open interest, funding rates, etc.), helping users make more informed decisions.</li>
</ul>
<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/3159f92895a44a9991919dc3d0706fef.png">

<h2 id="strong-monthly-top-5-assets-november-2025-strong">Monthly Top 5 Assets – November 2025</h2>
<h3 id="strong-1-bay-bay-3-900-strong">1. BAY (BAY) — +3,900%</h3>
Listing Date: November 1
Current Market Cap: $23.32M
BAY is the native token of Marina Protocol’s Web3 MarTech ecosystem. After its premiere listing on LBank, the token surged rapidly, reaching nearly 40× within the first 24 hours. The explosive debut pushed BAY to the center of November’s strongest narrative momentum, making it one of the month’s most dominant performers.
<h3 id="strong-2-roro-roro-3-200-strong">2. RORO (RORO) — +3,200%</h3>
Listing Date: November 4
RORO is a wildlife-themed community-driven meme project. It captured strong attention immediately upon listing, fueled by its charity angle and active raid communities. Rapid high-beta swings throughout the month made RORO one of November’s most volatile and fastest-moving assets.
<h3 id="strong-3-beat-beat-2-900-strong">3. BEAT (BEAT) — +2,900%</h3>
Listing Date: November 3
Current Market Cap: $116.7M
BEAT is a music-focused NFT and royalty-sharing platform token. With real artist collaborations and viral social media traction, BEAT maintained steady upward momentum after listing on LBank. It was the only asset in November’s top performers to post almost uninterrupted gains for nearly 30 days, marking it as a standout large-cap meme mover.
<h3 id="strong-4-bbo-bbo-1-567-strong">4. BBO (BBO) — +1,567%</h3>
Listing Date: November 18
BBO is a Solana-based bamboo-themed meme token that unexpectedly broke out in the second half of the month. Backed by strong community momentum and concentrated trading activity, it delivered over 15× returns within days, becoming November’s most explosive late-month performer.
<h3 id="strong-5-oph-oph-1-300-strong">5. OPH (OPH) — +1,300%</h3>
Listing Date: November 6
OPH is built around the “Oracle Phoenix” concept and quickly gained traction after its LBank listing. Supported by focused Telegram strategy groups, it maintained strong attention through the first half of the month, securing its place as one of November’s key meme contenders.
<h2 id="strong-resilient-growth-amid-structural-market-divergence-strong">Resilient Growth Amid Structural Market Divergence</h2>
In November, against the backdrop of structural differentiation in the global crypto market, LBank achieved a spot market share of 4.6% and #1 CEX in futures open interest growth. At the same time, the platform listed multiple high-potential new tokens, launched earnings products and zero-fee trading campaigns, and further consolidated its leading advantages in liquidity support, early asset discovery, and global user ecosystem construction.
With precise strategic layout, a high-momentum asset matrix, strong user incentive mechanisms, and global partnerships, LBank demonstrated resilient growth while maintaining stable operations — laying a solid foundation for opportunities in December and beyond.
About LBank
Founded in 2015, LBank is a leading global cryptocurrency exchange serving over 20 million registered users in 160 countries and regions. With a daily trading volume exceeding $10.5 billion and 10 years of safety with zero security incidents, LBank is dedicated to providing a comprehensive and user-friendly trading experience. Through innovative trading solutions, the platform has enabled users to achieve average returns of over 130% on newly listed assets.
As the ultimate 100x Gems Hub, LBank has listed over 300 mainstream coins and more than 50 high-potential gems. Ranked No. 1 in 100x Gems, Highest Gains, and Meme Share, LBank leads the market with the fastest altcoin listings, unmatched liquidity, and industry-first trading guarantees, making it the go-to platform for crypto investors worldwide.
Follow LBank for Updates
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Email: press@lbank.com

LBank November: Spot Market Share Hits 4.6%, Futures Open Interest Growth Leads All CEX

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