Lute Launches Squads for Social Trading Across Telegram, Discord, and Native App

Social trading platform lute introduced Squads on Aug. 12, 2026, a new feature that lets users trade, scan, call, read chat, and discover trades alongside friends. The feature works across Telegram, Discord, and natively within the Lute app, according to the announcement.

The image accompanying the announcement describes Squads as "The home for trading communities," pointing to a focus on collaborative trading. With Squads, users can join public communities or receive invites to private ones, enabling them to share trading ideas, follow each other's moves, and compete on leaderboards.

Lute is a high-performance social trading platform built for on-chain markets, with deep integration into the Abstract blockchain ecosystem. It allows users to follow friends, broadcast trading calls, and analyze markets using real-time signals and wallet intelligence. Recent additions include fee-earning token calls and a tool for tracking KOL activity across chains.

The Squads launch expands Lute's multi-platform reach. The platform already offers a Synapse Bot for trading alerts in Discord and Telegram, and Squads appears to build on that by embedding chat and social discovery directly into the trading experience.

By bridging chat and trading across messaging platforms, Squads positions Lute as a hub for community-driven trading. Further details on how to create or join Squads were not included in the announcement.