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According to Odaily, Aster ranked first in the 24-hour perpetual contract trading volume, reaching $1.779 billions. Paradex followed closely with a trading volume of $1.589 billions, while Lighter ranked third with a trading volume of $1.569 billions. (Cointelegraph)

BlockBeats News, January 12, according to sources, some of Trump's allies were shocked by the Trump administration's decision to subpoena Powell. They are concerned that a legal battle against Federal Reserve Chairman Powell will disrupt the bond market. They also worry that this could make Powell reluctant to leave the Federal Reserve after his term as chairman ends in May. Powell can remain as a Federal Reserve governor until 2028, and he has not yet indicated whether he intends to follow tradition and leave the Fed. It is reported that Trump's aides and allies are assessing the consequences and potential unintended effects of actions against Powell. Among the questions is how Wall Street will react after the market opens on Monday—the bond market is likely to see this as a threat to the Fed's independence. This also brings uncertainty to Trump's efforts to replace Powell with new leadership. Evercore ISI analysts stated in a report that they are "shocked by this deeply disturbing development, which threatens the independence of the central bank. This is undoubtedly a risk-off move. We expect the dollar, bonds, and stocks to all fall in Monday's US trading session, similar to the peak of the tariff shock in April last year." (Golden Ten Data)

BlockBeats News, January 12th, according to sources familiar with the matter, some of Trump's allies were shocked by the Trump administration's decision to subpoena Powell. They are concerned that legal battles against Federal Reserve Chairman Powell could disrupt the bond market. They are also worried that this could make Powell unwilling to leave the Fed after his chairmanship ends in May. Powell can remain on the Fed's board of governors until 2028, and he has not indicated whether he intends to follow the traditional exit from the Fed. Reportedly, Trump's aides and allies are assessing the consequences of action against Powell and its potential unintended effects. Issues include how Wall Street will react after Monday's opening—the bond market is likely to see this as a threat to Fed independence. This also brings uncertainty to Trump's efforts to replace Powell with a new leader. Evercore ISI analysts said in a report that they "are shocked by this deeply disturbing development, which threatens the central bank's independence. This is undoubtedly a flight to safety. We expect the U.S. dollar, bonds, and stocks to all fall in U.S. trading on Monday, similar to the peak of the tariff impact in April last year." (Jin10)