LBank ACE3S 1-for-10,000 Reverse Split
LBank will execute a 1-for-10,000 reverse split of ACE3S leveraged token on August 14, 2026, with trading suspended during the process.
LBank announced a 1-for-10,000 reverse split for ACE3S_USDT, effective August 14, 2026, at 10:00 UTC. The process will take about four hours, during which all existing orders will be canceled and trading suspended. A snapshot of balances will be taken, and asset balances will be updated accordingly. The total asset value users hold will remain unaffected. No user action is required; users should check updated balances in Wallet → Spot after the split.
- 01
ACE3S_USDT will undergo a 1-for-10,000 reverse token split.
- 02
The reverse split starts at 10:00 UTC on August 14, 2026, and lasts approximately four hours.
- 03
All existing orders will be automatically canceled during the reverse split period.
Key facts
- ACE3S_USDT will undergo a 1-for-10,000 reverse token split.
- The reverse split starts at 10:00 UTC on August 14, 2026, and lasts approximately four hours.
- All existing orders will be automatically canceled during the reverse split period.
- Trading will be temporarily suspended during the reverse split period.
- A snapshot of users' account balances will be taken.
- Asset balances will be updated accordingly, and trading will resume.
- Total asset value users hold will remain unaffected by the reverse split.
- Users should check updated ACE3S_USDT assets in 'Wallet → Spot' after the split.
Key timeline
Reverse split commences; trading suspended and orders canceled.
Reverse split expected to complete; trading resumes.
Who may be affected
- All LBank users holding ACE3S_USDT at the time of the snapshot.
Impact analysis
The reverse split will consolidate ACE3S tokens at a ratio of 10,000:1, meaning 10,000 ACE3S before the split will become 1 ACE3S after. The total value of each user's holdings is stated to remain unchanged. During the split, trading is suspended and all open orders are canceled, so users cannot trade ACE3S_USDT during that period. After the split, balances are updated and trading resumes. Users should verify their updated balances in the Spot wallet. The announcement does not mention any other impact on other tokens or services.
What the announcement does not say
The announcement does not specify the exact duration of trading suspension beyond the approximate four-hour period, nor does it clarify whether the snapshot occurs at the start or end of the process. It also does not disclose the precise trigger price for this reverse split, only stating that it may occur when the leveraged token price falls below 0.01 USDT.
Risk notes
- Trading in cryptocurrency markets carries substantial risk and may result in significant profits or losses.
- LBank cannot guarantee profits and will not be held responsible for any trading losses incurred.
- The reverse split does not change the total asset value, but the token price will be adjusted proportionally.
- This article is for reference only and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
Will my total asset value change due to the reverse split?
No, LBank states that the total asset value users hold will remain unaffected by the reverse split.
Do I need to do anything before the reverse split?
No action is required. All existing orders will be automatically canceled, and trading will be suspended during the split. After the split, you can check your updated balances in 'Wallet → Spot'.
What happens to my open orders during the reverse split?
All existing orders will be automatically canceled during the reverse split period.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.