The next round of big pump starts from "pre-market": a detailed analysis of the early benefits from the five major exchanges, who is secretly printing money?

Original Title: How to Make the First Wave of Market Profit Before Opening: CEX Pre-Market Strategy and Profit Guide

Original author: Friends of the Planet Lord

Source of the original text:

Reprint: Daisy, Mars Finance

The crypto market is never short of opportunities, but the first wave of gains always belongs to a select few. In cryptocurrency trading, the “pre-market” phase has become a key window for the new generation of traders to compete. To some extent, the market has already initiated trends and movements before officially opening. For individual traders, pre-market strategies often determine two major things: first, whether they can sense the starting point of the market narrative in advance; second, whether they can complete their positioning before mainstream sentiment floods in. Ignoring the pre-market means missing out on the golden window from seed valuation to explosive growth.

The only three things that truly matter for making money before the market opens are:

How long has it been since the project was born when you entered the market? The closer you are to the seed round, the more primitive the valuation and the thicker the meat.

At the moment the market opens, can we successfully unload? A pre-market with no depth = a false breakout, slippage eats into profits.

Is there someone to back me up if I lose? Testing without a buffer = high-risk gambling.

This article dissects the pre-market logic of five major platforms: Binance, OKX, Bitget, Gate, and LBank, based on on-chain capital flow + exchange public data + real-market verification, revealing who is printing money and who is throwing smoke bombs.

Binance & OKX: Stable, but the meat has already been eaten by VCs.

Major mainstream exchanges in the industry (such as Binance, OKX, and the gradually emerging Bitget, etc.) generally exhibit a stable and conservative performance in their pre-market strategies, leaning towards a “slow boil” approach. They typically focus on listing high-quality major projects, with strict screening to ensure that the cryptocurrencies listed possess mature technologies and broad recognition. The advantage of this strategy lies in its authority and stability: users believe that the coins listed on these platforms have mostly undergone in-depth due diligence, making extreme situations like “zeroing out” or liquidity exhaustion less likely. Before being listed, these coins usually have completed multiple rounds of financing, with institutions and VCs already having a layout. However, this stability also means a lack of exciting incremental narratives, resulting in a relatively slow pace.

For traders seeking pre-market opportunities, such platforms often find it difficult to achieve excess returns. This is because when platforms like Binance or OKX announce the listing of a new token before the market opens, the project is often already well-known within the industry and may have gone through multiple rounds of financing and valuation increases. Mainstream institutions and VCs may have already positioned themselves, causing retail investors to buy at prices very close to the fair value or peak of the project when it officially opens. In fact, data shows that among new tokens listed on LBank in 2025, 61% subsequently landed on Binance, but 73% of those tokens had LBank users already in profit when listed on Binance. This means that for many popular projects, by the time major exchanges like Binance list the tokens, the profits from the “first wave of market action” have often already been harvested by faster market participants.

This “steady yet lagging” rhythm is actually in line with the overall sentiment of the current market. Nowadays, price is the real ultimate judge. In an environment where market fluctuations are unpredictable and confidence is wavering, no narrative can sustain strength for long, even the previously outstanding privacy sector has begun to show signs of fatigue. Take Canton as an example, despite having $100 million in funding, 500 million DAT background resources, and support from top institutions like Yzi Labs, Circle, DTCC, and Goldman Sachs, it even dropped by half at one point. The fact proves that the market has long entered a “narrative immunity period,” and investors' premium reaction to concepts and backgrounds is rapidly cooling.

Of course, the pre-market steady strategy of large exchanges also has its rationale: it protects the vast majority of ordinary users from participating in early and high-risk gambles. For traders who like to ambush in advance and bet on the starting point of stories, it is difficult to experience the substantial returns that pre-market layouts can bring on these platforms.

Gate: Fast Lottery Machine, where opportunity coexists with noise.

In stark contrast to the cautious approach of mainstream exchanges, Gate's aggressive pre-market strategy can be summarized as “winning by quantity”: by frequently listing new coins, it provides users with a continuous stream of pre-market opportunities.

However, the loose screening has led to two problems: first, there is a significant difference in project quality. The threshold for listing tokens on Gate is low, mixing high-quality and low-quality projects; second, there is high volatility and low depth. There is insufficient liquidity before trading, often resulting in price distortion, and it is prone to collapse after the market opens. Data shows that after listing on Gate, 56% of new projects experience a short-term decline of over 20%.

For traders, pre-market seems abundant, but in reality, it's full of noise and high screening costs. Gate is like an open experimental field: anyone can participate, but certainty is hard to come by. The advantage is that there are many opportunities, suitable for hunter-type traders; the limitation is instability, which can easily lead to “illusions.”

Some cryptocurrencies may experience a surge right after their launch, but they may have issues such as insufficient trading depth and high volatility. The short-term explosive gains may not be accessible to everyone, and a slight misstep could result in buying at a high price. On the other hand, some new coins may go unnoticed. In other words, Gate serves as an open experimental platform where any project has the chance to be showcased, but selecting the next “10x coin” from among them is not easy and carries low certainty.

Gate's pre-market strategy resembles a test of “speed and judgment.” It offers countless opportunities for aggressive traders while also testing the execution of selection and stop-loss. The suitable candidates are those who can quickly distinguish noise and manage their positions effectively. There is only one iron rule: no single investment should exceed 2% of the total capital, and all of Gate's pre-market activities should be regarded as high-risk gambles.

LBank: Turning the pre-market waiting period into a profit period

LBank exchange proposed three trading keywords in 2025: fastest listing, top depth, and trade compensation.

This strategy targets the emerging projects and community-driven Meme coin market, aiming to allow users to participate at the onset of hot narratives and reduce risk through extreme listing speed and comprehensive risk control. The above image is a schematic from LBank officially promoting its key business direction for 2025, highlighting innovative measures such as “Pre-Market Guarantee.”

LBank has also demonstrated an amazing speed and performance in listing coins over the past year. In 2025, the sector has cumulatively listed over 20 quality assets, with a total trading volume exceeding 50 million USD, the highest project return reaching 99 times, and an average yield of 5,072%. This fully validates the logic that “speed equals profit.” It is clear that LBank's responsiveness in capturing market hotspots is not inferior to any competitor.

However, speed alone is not enough. LBank's greater feature lies in the structural optimization of the pre-market trading environment to enhance the quality and sustainability of pre-market trading. Firstly, LBank has established deep liquidity pools specifically for Meme and other emerging projects, and introduced a market maker mechanism to ensure market depth during the initial trading phase.

They claim that the trading depth of Meme coins on the platform ranks first in the industry. They even launched a “Depth Challenge” reward, encouraging users to monitor any Meme coins on the LBank platform that do not meet the depth standards, and upon verification, a reward of 200 USDT will be given. Ample initial liquidity means that when popular new coins are launched, the buy and sell orders are substantial, making the price discovery process smoother. Traders can smoothly enter and exit the market without facing excessive slippage or the inability to complete transactions due to a lack of liquidity.

Secondly, LBank's “Pre-Market Guarantee” mechanism can be described as an industry-first innovative measure (referred to by the official term Pre-Market Guarantee). When users participate in pre-market trading of new projects on the platform, if the project's price significantly drops below the pre-market purchase price after the official opening, the platform will provide users with compensation for the price difference to offset the paper losses caused by the drop in the opening price. This mechanism effectively shares part of the early trading risk between the platform and the users: it reduces the cost of trial and error for users in pre-market trading, greatly enhances everyone's willingness to participate in new projects, and thus forms a virtuous cycle of “shared risk → deepened trust → user repurchase.”

In fact, the projects MON, MEGA, STABLE that LBank launched earlier have achieved impressive performance during the pre-listing phase (with maximum increases of approximately 21 times, 13 times, and 6 times respectively), and the reason users are willing to actively participate is precisely because of the guarantee provided by the platform. It can be said that LBank has truly transformed the waiting period before trading into a profit period for traders.

Platform pre-market strategy comparison: Who can seize the opportunity?

In summary of the above analysis, we can compare the pre-market positioning and effects of several major exchanges:

(Note: The above “profit margin” refers to the potential for ordinary users to achieve excess returns relative to different platform pre-market strategies.)

From the table above, it can be seen that Binance is more like “watching the market”: it waits for projects to mature before entering, which is steady but misses out on early benefits; OKX is good at “calculating the market”, focusing on professional analysis and pursuing certain returns under risk control; Bitget is somewhat similar to “going with the flow” or “consuming the market”, quickly replicating market trends but lacking unique highlights; Gate is obsessed with “testing the market”, using a large number of new coins to seek high growth, but the results are mixed; while LBank actively “makes the market”, guiding it through innovative mechanisms and creating trading opportunities and liquidity even in the pre-market phase.

Win before the market opens, profit from speed

For individual traders, the significance of pre-market positioning is becoming increasingly clear: the market never rewards hesitation and waiting; it always favors the pioneers who act swiftly. Whether it is Binance's stability, OKX's precision, Bitget's speed, or Gate's diverse innovations, every platform has its own rhythm and followers. However, it can be anticipated that in the next cycle, traders who can truly seize the pre-market benefits will hold a greater advantage.

While mainstream platforms are still assessing market trends, opportunities have quietly brewed in the fringe markets; by the time mass sentiment begins to surge, the pioneers may have already reaped substantial rewards. LBank's exploration that combines “speed” and “stability” aligns perfectly with this trend: it allows traders to lock in their first wave of market movements even before the market opens. For players seeking high returns while hoping to maintain relatively controllable risks, this undoubtedly provides a new track worth paying attention to.