LBank Matches Major Crypto Exchanges on Market Depth and Early Listings

LBank's market depth is comparable to that of six major crypto exchanges, including Binance, OKX, Gate, Bitget, MEXC, and Bybit. The exchange ranked first in five out of six USDT order-book tests against its rivals, with its displayed depth exceeding the median on every pair.

The study compared LBank's trading pairs to those of its competitors, including Bitcoin, Ethereum, Solana, XRP, BNB, and Dogecoin. LBank's displayed depth was significantly higher than its rivals in five out of six pairs, with its highest lead being $52.16 million against Bitget's $11.79 million on the BTC/USDT pair.

LBank also offered access to tokens well before its competitors, including PONS, which was listed 54 days and seven hours earlier than on Bitget. However, early listings did not always translate into capacity for larger purchases, with simulated trades showing higher buying premiums on LBank compared to Gate and MEXC.

The study also examined tokenized products across bStocks, Ondo, and xStocks, finding that bStocks accounted for the majority of reported activity in the sample. The analysis highlighted the importance of inspecting sell orders before buying into smaller tokens, as well as the need for listing partners to balance liquidity and availability.