What Is League of Traders (LOT) and How Does It Work?
League of Traders (LOT) is a
Web3-based social trading platform that combines on-chain transparency with community-driven trading. It allows users to discover, follow, and copy top-performing traders across both centralized and
decentralized exchanges. Through features like leaderboards, Beacon trading signals, and copy trading tools, the platform transforms crypto investing into a gamified and collaborative experience. Users can mirror trades of ranked leaders, subscribe to curated trading signals, and earn rewards through a system of League Points and staking incentives.
The LOT token plays a central role in powering this ecosystem. It is used for
staking, accessing premium features, paying for
copy trading fees, and participating in platform governance. Built on opBNB (
BNB Chain Layer 2), League of Traders ensures fast, low-cost transactions while maintaining full on-chain transparency. As of June 2025, the platform has gained traction through BingX listings, with a growing user base in Asia and beyond. LOT's unique blend of trading automation, social interaction, and
tokenized rewards positions it as a next-generation
SocialFi platform for both new and experienced crypto traders.
When Was League of Traders Launched?
League of Traders was founded in 2019 in Seoul, South Korea, by John‑Ting Li (CEO) and Minkyu Cho (Co‑Founder). Initially backed by major institutional investors such as Cadenza Ventures, Mirana Ventures, Alameda Research, and BitMEX, the project raised US $2.4 million in a Pre‑Series A round during Q2 2022 to build out its community-driven social trading platform.
The team launched its Token Generation Event (TGE) on June 20, 2025, at 13:00 UTC+3. An accompanying Binance Wallet Sale coincided with the TGE, distributing 15% of the total 1 billion LOT tokens at a listing price of US $0.0332, while remaining tokens are subject to vesting schedules over three years.
Their publicly shared roadmap outlines an ambitious trajectory: post-TGE utilities include the gradual supply unlock schedule, social staking, LOT Beacon Signals, gamified leaderboards, fee burn mechanisms, and integration with major CEXs and DEXs like Binance Alpha and
PancakeSwap. Institutional backing and a Korea-based growth strategy underscore LOT’s path to scaling its Web3-native social-trading ecosystem.
What Is the LOT Token Utility?
Here's what the LOT token is used for:
1. Fee payments & premium access: LOT is used to unlock features such as Pay‑to‑See (one-time view of top traders’ portfolios), Pay‑to‑Follow (ongoing subscription), Copy Trading, and Beacon signals, with discounts for using LOT.
2. Staking & social engagement: Through stake-to-earn, users lock LOT tokens for yield, while social staking enables governance participation and rewards tied to community influence.
3. Incentives & exclusives: Active users earn LOT for content creation and event participation; holding LOT unlocks premium services, discounts, live-stream access, and fee burn distribution.
To trade LOT on BingX spot market:
LOT/USDT becomes available in the Innovation Zone, deposits began on June 20, 2025 (04:00 UTC), trading opened at 10:00 UTC, and withdrawals enabled from June 22, 2025. Once listed, users can buy or sell LOT/USDT directly in the
Spot section of BingX. Simply search for “LOT/USDT,” then place
market or limit orders using your spot wallet funds.
What Is League of Traders Tokenomics?
League of Traders has a fixed
total supply of 1 billion LOT tokens.
League of Traders (LOT) Token Distribution
1. Seed Round
• Allocation: 6% (60 million LOT)
• Vesting: 6-month cliff, then 24-month linear vesting
2. Private Sale
• Allocation: 13% (130 million LOT)
• Vesting: 6-month cliff, then 12-month linear vesting
3. Team
• Allocation: 15% (150 million LOT)
• Vesting: 6-month cliff, then 24-month linear vesting
4. Marketing
• Allocation: 8% (80 million LOT)
• Vesting: 37.5% unlocked at TGE, remaining over 36 months
5. Ecosystem Incentives
• Allocation: 40% (400 million LOT)
• Vesting: 5% unlocked at TGE, then 36-month vesting schedule
6. Liquidity
• Allocation: 6% (60 million LOT)
• Vesting: Fully unlocked at TGE
7. IDO (Initial DEX Offering)
• Allocation: 2% (20 million LOT)
• Vesting: Fully unlocked at TGE
8. Airdrop
• Allocation: 5% (50 million LOT)
• Vesting: 40% unlocked at TGE, rest over 4 months
9. Treasury
• Allocation: 5% (50 million LOT)
• Vesting: 6-month cliff, then 12-month linear vesting
What Blockchain Network Does League of Traders Operate on?
League of Traders (LOT) operates as an
EVM-compatible token on the BNB Chain, with core activity currently centered on the opBNB
Layer 2 network for enhanced speed and lower
transaction costs. By leveraging BNB Chain’s infrastructure, League of Traders ensures efficient on-chain transparency for copy trading, real-time beacon signals, and social staking, all while maintaining a seamless user experience across decentralized and centralized exchange integrations.
Which Wallets Support LOT Tokens?
The primary and most seamless option is to store LOT directly in your BingX Spot Wallet, especially since LOT was listed in the Innovation Zone on June 20, 2025. Once deposits opened (June 20, 04:00 UTC) and trading commenced (10:00 UTC), users can hold, buy, sell, and swap LOT/USDT directly within their BingX account. Withdrawal functionality was enabled two days later on June 22, 2025.
For
self-custody, LOT tokens can be stored in popular EVM-compatible wallets like
MetaMask and
Trust Wallet. To add LOT to MetaMask, simply input the token contract address on the BNB Chain. This allows you to view, send, and trade LOT using decentralized exchanges like PancakeSwap. Trust Wallet also supports LOT and offers a mobile-friendly interface; you can even import your MetaMask wallet to manage LOT and other assets seamlessly. These wallets provide full control and access to
DeFi features like staking and token swaps, while storing on BingX remains the most convenient option for trading.
Is League of Traders (LOT) a Good Investment?
League of Traders (LOT) presents a compelling investment opportunity thanks to its strong SocialFi model, rapid user adoption, and strategic ecosystem integration. Built on opBNB (BNB Chain Layer 2), the platform offers community-driven copy trading, social staking, and Beacon signals, enabling active participation and transparent reward distribution. With institutional backing from investors like Cadenza Ventures and Mirana Ventures, plus listings on BingX's Innovation Zone, LOT benefits from both financial credibility and access to a growing user base across Asia and beyond. These factors combined, core tech, supportive partnerships, and an engaged community, form a solid foundation for long-term token value appreciation.
The LOT token also incorporates thoughtful tokenomics and deflationary mechanics that boost its investment appeal. With a capped 1 billion supply, tiered vesting schedules, and up to 50% fee-burns, LOT is built to appreciate over time as utility and demand grow. Its role in governance, trading fee discounts, exclusive services, social staking rewards, and event access promotes active usage and token holding, while amplifying scarcity through regular burns. Despite typical crypto risks, such as volatility, regulation, and competition, LOT's unique positioning at the intersection of social trading, token utility, and community engagement gives it a distinctive edge as a growth-focused crypto asset.