LAB, the multi-chain trading infrastructure built for speed, precision, and cost-efficiency, today announced the resounding success of its recent Community Round on Legion, the premier platform for early access to top-tier ICOs and pre-token sales.
The Community Round was set to take place over the weekend of 19th-21st September, and ended up attracting over $15 million in pledges with a hard cap of $1.5 million raised from over 1,450 participants.
The Community Round saw an oversubscription rate of 3,013%, underscoring the extraordinary demand and enthusiasm surrounding LAB’s mission to empower users to launch tokens instantly, trade faster, and earn more.
Through a partnership with Legion and Nozomi Network, every application for LAB’s Community Round was vetted on-chain and via social metrics to reward conviction rather than just capital. This process resulted in a global pool of committed, values-aligned participants who share LAB’s vision for the future of multi-chain trading infrastructure.
LAB is a multi-chain trading terminal and layer that unifies the entire trading experience discovery, execution, analysis, and rewards into a single platform. The platform combines instant multi-chain execution, AI-driven signals, seamless onboarding, and aligned incentives into one product that serves degens, semi-pros, and beginners alike.
LAB’s first wedge product is a browser-based sidebar terminal that overlays existing platforms like Dexscreener, BullX, GMGN, and others. It integrates directly into traders’ current workflows, with no onboarding friction or switching cost. Users continue operating on familiar frontends but benefit from faster execution, lower fees, and unified access across chains via LAB’s infra. This frictionless insertion point has proven effective for LAB’s rapid user acquisition.
Unlike existing tools, LAB’s trading terminal can also operate as a sidebar overlay, sitting on top of other popular platforms. This allows traders to keep their current workflows while instantly gaining faster, cheaper execution. The sidebar acts as LAB’s wedge: traders adopt it for speed and cost savings, and over time expand into LAB’s full terminal.
Vova Sadkov, Co-founder of LAB, said “This massive level of engagement, especially over a weekend, is a testament to the strength and dedication of the LAB community. It’s honestly hard to imagine what the turnout might have been if we’d opened the sale on a weekday. We look forward to building on this momentum with our upcoming TGE, which will be the next milestone in our mission to become the de-facto interface for on-chain trading.”
Earlier this year LAB announced the successful closure of its $2.3 million seed round, led by Lemniscap. The round also included participation from TVM Ventures, Animoca Brands, OKX Ventures, Mirana Ventures, Gate Ventures, MEXC Ventures, Kucoin Ventures, Oak Grove Ventures, NewTribe Capital, GSR, Cypher Capital, Castrum Capital, as well as Amber Group and Presto.
The successful round comes as LAB prepares for the TGE for its $LAB token in October, marking a major milestone on its roadmap to democratize token launches and accelerate access to decentralized markets. $LAB will be designed to align incentives across traders, holders, and the platform itself.
