LBank Joins Forces With Pudgy Penguins to Launch 500,000 USDT Reward

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[PRESS RELEASE – Singapore, Singapore, August 7th, 2026]

LBank, the leading global cryptocurrency exchange, has launched a 500,000 USDT reward campaign in partnership with Pudgy Penguins, one of the most recognized Web3-native IP ecosystems, providing new and existing users with multiple opportunities to earn rewards while participating in crypto trading activities.

Starting August 7, the campaign features five reward categories, including new user bonuses, first-trade rewards, Lucky Draw rewards, futures leaderboard competitions, and $PUDGY Locked Earn rewards. The campaign is designed to provide flexible participation options, allowing users to earn rewards through different levels of engagement — from their first deposit and trade to continuous futures trading activities.

Eligible users can participate in the campaign and unlock rewards through multiple activities:

  • Registration Bonus. New users who register during the campaign period and net-deposit at least 100 USDT to their futures account are eligible for a 10 USDT Futures Bonus, available for the first 12,000 eligible users.
  • First Trade Reward. Users can unlock an additional 5 USDT Futures Bonus by completing their first eligible spot or futures trading activity.
  • Lucky Draw Entries. Every 20,000 USDT in cumulative futures trading volume unlocks one lucky draw entry, with up to seven entries available per user. Prizes include 1 BTC, Pudgy Penguins merchandise, and additional Futures Bonuses.
  • Weekly Leaderboard. Users who achieve at least 10,000 USDT in future trading volume during a weekly competition period can participate in leaderboard rankings. The top 50 traders in each round will receive rewards, with the highest single reward reaching 500 USDT Futures Bonus.
  • $PENGU Locked Earn. Users subscribing with at least 100 USDT equivalent can enjoy up to 100% Interest Boost benefits and a 10% fixed yield throughout the earning period.

“Crypto adoption is entering a new stage where participation is no longer driven only by technology, but also by culture, identity, and meaningful experiences,” said Eric He, Community Angel Officer and Risk Control Adviser at LBank. “Through our partnership with Pudgy Penguins, we hope to create a more welcoming environment where more users can discover Web3 in a way that feels accessible, engaging, and inclusive. This campaign is not only about rewards — it is about building stronger connections between users, communities, and the future digital economy.”

The partnership with Pudgy Penguins represents LBank’s continued effort to connect Web3 culture with crypto innovation. As digital assets evolve from an emerging technology sector into a broader global financial ecosystem, recognizable IPs and community-driven experiences are becoming increasingly important in lowering participation barriers and accelerating mainstream adoption.

Previously, LBank has collaborated with Web3-native IPs including Ponke, Nobody Sausage, and Yeti, creating interactive experiences that combine cultural influence with LBank’s trading ecosystem. Through these collaborations, LBank continues exploring new ways to integrate community, creativity, and financial innovation.

Looking ahead, LBank will continue strengthening the connection between Web3 culture and crypto innovation through strategic collaborations with globally recognized IPs and communities. As digital assets move toward broader adoption, LBank remains committed to creating more accessible, engaging, and inclusive experiences that allow more users worldwide to explore and participate in the future of the digital economy.

About LBank

Founded in 2015, LBank is a leading global cryptocurrency exchange serving over 25 million registered users in 160 countries and regions. With a daily trading volume exceeding $23.81 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.

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

Website: https://www.lbank.com/

Twitter: https://twitter.com/LBank_Exchange

Telegram: https://t.me/LBank_en

Instagram: https://www.instagram.com/lbank_exchange

LinkedIn: https://www.linkedin.com/company/lbank





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