According to Coindesk, March 12, 2025 – Cryptocurrency exchange LBank (lbank.com) officially announced the establishment of a $100 million futures protection fund to enhance trading security, maintain market fairness, and provide users with a more secure trading environment. This fund is specifically designed to address abnormal market fluctuations, ensuring that users can trade with confidence even during volatile conditions, while reinforcing LBank's leading position in risk management and industry innovation.
Fund Details
The futures protection fund is activated when the K-line price deviates from the market reasonable price by more than 2% within one minute and quickly rebounds. This mechanism applies to the top 100 contract trading pairs by market capitalization on Coinmarketcap, including $BTC, $ETH, and $SOL, ensuring coverage of highly liquid assets.
Affected traders who experience forced liquidation or stop-loss losses due to severe price fluctuations will receive 120% compensation, further demonstrating LBank's commitment to user protection and market integrity.
Market reasonable price reference: Comprehensive value judgment based on the top five derivatives rankings on Coinmarketcap.
Spike compensation mechanism: Eligible users will receive 120% of their losses in the form of USDT credited to their spot accounts within 48 hours, minimizing disruption and allowing them to remain active in the market.
Additional reward airdrop: In addition to individual compensation, each time a severe price fluctuation occurs, LBank will additionally allocate 10,000 USDT from the official fund pool for an airdrop, distributed to all holders of affected trading pairs based on their position ratio, issued to users' spot accounts in USDT within 48 hours.
Reshaping the Futures Trading Risk Management System
LBank's $100 million futures protection fund is one of the most comprehensive protective measures in the industry, aimed at transforming market volatility from potential risk into opportunity. By settling in USDT, the program eliminates cumbersome fund conversion processes, ensuring that risk management is fair, efficient, and transparent.
As an exchange with over 15 million global users, LBank has always adhered to a user-centered innovation strategy, combining deep liquidity, top-notch security, and leading risk control mechanisms to continuously optimize the trading experience. The establishment of this fund further solidifies LBank's leading position in the cryptocurrency derivatives market and brings more trust and stability to the market.
About LBank
Founded in 2015, LBank is one of the world's leading cryptocurrency exchanges, with over 15 million registered users in more than 210 countries and regions. The platform supports over 800 types of crypto assets, with daily derivatives trading volume exceeding $67 billion, and is committed to providing a comprehensive and convenient trading experience.
As an industry leader in the Meme sector, LBank has launched over 240 mainstream Meme coins and 40+ high-potential Meme projects, with several Meme coins experiencing increases of over 500%. With the advantage of having the most Meme coins launched globally, LBank has become the preferred platform for Meme investors.
Follow LBank for the latest updates
Official website: https://www.lbank.com/ Twitter: https://twitter.com/LBank_Exchange Telegram: https://t.me/LBank_en
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