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$650,000 returned! Who says DeFi isn't accountable?
Paradex confirmed a nasty maintenance bug wrongfully liquidated 200 users during a recent upgrade. They quickly halted ops, fixed the error, and issued a full $650K refund.
While the incident highlights the fragility of core systems, prompt action and full restitution set a critical precedent. We are seeing major protocols mature, prioritizing user protection over reputation management.
BULLISH on accountability and transparency becoming the new standard.
#DeFi #CryptoNews #Paradex #Web3Trust #USIranMarketImpact
$BTC $ETH $BNB
While the incident highlights the fragility of core systems, prompt action and full restitution set a critical precedent. We are seeing major protocols mature, prioritizing user protection over reputation management.
BULLISH on accountability and transparency becoming the new standard.
#DeFi #CryptoNews #Paradex #Web3Trust #USIranMarketImpact
$BTC $ETH $BNB
Paradex to Refund $650,000 After Maintenance Glitch Triggers Liquidations
Paradex has announced a $650,000 refund to around 200 users after a technical failure during a routine maintenance window caused unexpected liquidations across multiple markets. The incident occurred during a scheduled 30-minute database upgrade on January 19, when an unforeseen system issue disrupted critical data operations.
During the maintenance process, a race condition led to corrupted data being saved and propagated on-chain. Several market funding indices were incorrectly reset to zero, distorting profit-and-loss calculations and triggering forced liquidations for affected traders.
Paradex responded by temporarily suspending platform access, canceling all open orders except existing take-profit and stop-loss orders, and rolling back the blockchain to a snapshot taken before the maintenance window. This restored the system to a state prior to the faulty data publication.
The platform stated that the refund is intended to fully compensate users for losses directly caused by the system error. While the service has experienced brief maintenance-related downtime in the past, this incident was more severe due to its direct impact on user positions.
The event underscores the risks of live system upgrades in high-leverage trading environments, where brief data inconsistencies can cascade into large liquidation events, and highlights the need for stronger safeguards and fail-safes in on-chain trading infrastructure.
$BTC | $ETH
#Paradex #CryptoInfrastructure #TradingRisk #DeFiSafety
Follow RJCryptoX for real-time alerts.
During the maintenance process, a race condition led to corrupted data being saved and propagated on-chain. Several market funding indices were incorrectly reset to zero, distorting profit-and-loss calculations and triggering forced liquidations for affected traders.
Paradex responded by temporarily suspending platform access, canceling all open orders except existing take-profit and stop-loss orders, and rolling back the blockchain to a snapshot taken before the maintenance window. This restored the system to a state prior to the faulty data publication.
The platform stated that the refund is intended to fully compensate users for losses directly caused by the system error. While the service has experienced brief maintenance-related downtime in the past, this incident was more severe due to its direct impact on user positions.
The event underscores the risks of live system upgrades in high-leverage trading environments, where brief data inconsistencies can cascade into large liquidation events, and highlights the need for stronger safeguards and fail-safes in on-chain trading infrastructure.
$BTC | $ETH
#Paradex #CryptoInfrastructure #TradingRisk #DeFiSafety
Follow RJCryptoX for real-time alerts.
TOP PERPETUAL DEXES BY WEEKLY TRADING VOLUME
#Hyperliquid #Aster #Lighter #edgeX #Paradex #Grvt #Variational #Extended #ApeX #Pacifica #Reya #Nado #tradeXYZ #Avantis #Jupiter
#Hyperliquid #Aster #Lighter #edgeX #Paradex #Grvt #Variational #Extended #ApeX #Pacifica #Reya #Nado #tradeXYZ #Avantis #Jupiter
🚨Market Incident Analysis: Paradex DEX System Outage
A temporary system outage on the Paradex DEX caused Bitcoin’s price to briefly display at $0 on the platform, leading to forced liquidations across affected perpetual contracts.
Key points:
The incident was platform-specific and did not reflect the global BTC market price.
Preliminary findings indicate the issue was linked to a database migration error, impacting pricing feeds and the PERP trading system.
Other components of the Paradex ecosystem (API, explorer, bridge) were also affected during the outage.
Once the system was restored, prices normalized, but liquidation damage had already occurred.
Important takeaway:
This event highlights the operational risks of derivatives trading, especially on platforms where price feeds, liquidation engines, and leverage are tightly coupled.
Lessons for traders:
Always consider platform risk, not just market risk
Use conservative leverage
Avoid relying on a single venue for price discovery
Understand that “decentralized” does not mean immune to technical failures
Bitcoin remained stable across the broader market.
The failure was infrastructure-related, not fundamental.
#paradex #BTC
A temporary system outage on the Paradex DEX caused Bitcoin’s price to briefly display at $0 on the platform, leading to forced liquidations across affected perpetual contracts.
Key points:
The incident was platform-specific and did not reflect the global BTC market price.
Preliminary findings indicate the issue was linked to a database migration error, impacting pricing feeds and the PERP trading system.
Other components of the Paradex ecosystem (API, explorer, bridge) were also affected during the outage.
Once the system was restored, prices normalized, but liquidation damage had already occurred.
Important takeaway:
This event highlights the operational risks of derivatives trading, especially on platforms where price feeds, liquidation engines, and leverage are tightly coupled.
Lessons for traders:
Always consider platform risk, not just market risk
Use conservative leverage
Avoid relying on a single venue for price discovery
Understand that “decentralized” does not mean immune to technical failures
Bitcoin remained stable across the broader market.
The failure was infrastructure-related, not fundamental.
#paradex #BTC
#bitcoin упал до $0
Ошибка при миграции базы данных на бирже #Paradex привела к тому, что цена #BTC на платформе кратковременно упала до $0.
Это вызвало массовые ликвидации пользователей биржи. Сумма потерь не разглашается.
Команда Paradex приняла решение откатить состояние своего протокола до блока, зафиксированного непосредственно перед началом технических работ.
$BTC
$BNB
$SOL
#MarketRebound #WriteToEarnUpgrade
Ошибка при миграции базы данных на бирже #Paradex привела к тому, что цена #BTC на платформе кратковременно упала до $0.
Это вызвало массовые ликвидации пользователей биржи. Сумма потерь не разглашается.
Команда Paradex приняла решение откатить состояние своего протокола до блока, зафиксированного непосредственно перед началом технических работ.
$BTC
$BNB
$SOL
#MarketRebound #WriteToEarnUpgrade
$BTC Bitcoin briefly displayed as $0 on Paradex, a Starknet-based perps platform, while actual market price held steady near $92,600. What happened wasn't a collapse — it was an oracle or data feed malfunction isolated to that exchange. But the consequences were real: traders got liquidated based on phantom pricing that never reflected broader reality.
This kind of event exposes something uncomfortable. Most traders assume price feeds are bulletproof, but they're just infrastructure — and infrastructure breaks. When you're trading derivatives on a platform with its own data layer, you're not just taking market risk. You're also trusting that their systems won't glitch in ways that vaporize your position while everyone else trades normally.
What stands out here isn't the technical failure itself, but how isolated it was and how brutally it still punished users.
#bitcoin #paradex #cryptotrading #Liquidations #STARKNET
This kind of event exposes something uncomfortable. Most traders assume price feeds are bulletproof, but they're just infrastructure — and infrastructure breaks. When you're trading derivatives on a platform with its own data layer, you're not just taking market risk. You're also trusting that their systems won't glitch in ways that vaporize your position while everyone else trades normally.
What stands out here isn't the technical failure itself, but how isolated it was and how brutally it still punished users.
#bitcoin #paradex #cryptotrading #Liquidations #STARKNET
🚨 STARKNET DEFI CHAOS! PARADEX ROCKS THE CHAIN 🚨
Major rollback confirmed on Paradex after database maintenance failed. They rolled back to block 1,604,710. This is a huge stability check for Starknet services right now.
$BTC and $ETH markets holding steady despite the Starknet hiccup. Services are stabilizing post-fix deployment. Keep eyes peeled on $BNB action.
#Starknet #DeFiHack #CryptoNews #Paradex 📉
Major rollback confirmed on Paradex after database maintenance failed. They rolled back to block 1,604,710. This is a huge stability check for Starknet services right now.
$BTC and $ETH markets holding steady despite the Starknet hiccup. Services are stabilizing post-fix deployment. Keep eyes peeled on $BNB action.
#Starknet #DeFiHack #CryptoNews #Paradex 📉
137·First Block 🍺 1 - 20
24H Highlights | Market Snapshot
1、Bermuda government announced partnerships with #Coinbase and #Circle to advance a “fully on-chain” national economic framework.
2、NYSE revealed plans to develop a tokenized stocks and ETF trading platform, targeting 24/7 trading and settlement..
3、Spot gold and silver hit record highs at the open: Silver reached a new all-time high, while gains in gold further accelerated.
4、Japan’s 40-year government bond yield surpassed 4% for the first time since its introduction in 2007.
5、CME FedWatch: The probability of the Fed keeping interest rates unchanged in January stands at 95%.
6、#Paradex perpetuals exchange outage: BTC price briefly crashed to “USD 0,” triggering cascading liquidations and requiring an on-chain rollback.
7、German think tank study: Approximately 96% of U.S. tariff costs are ultimately borne by domestic consumers and importers.
8、#BSC meme token “1” briefly reached a market cap above USD 17 million, marking an all-time high, before pulling back to around USD 15 million.
24H Highlights | Market Snapshot
1、Bermuda government announced partnerships with #Coinbase and #Circle to advance a “fully on-chain” national economic framework.
2、NYSE revealed plans to develop a tokenized stocks and ETF trading platform, targeting 24/7 trading and settlement..
3、Spot gold and silver hit record highs at the open: Silver reached a new all-time high, while gains in gold further accelerated.
4、Japan’s 40-year government bond yield surpassed 4% for the first time since its introduction in 2007.
5、CME FedWatch: The probability of the Fed keeping interest rates unchanged in January stands at 95%.
6、#Paradex perpetuals exchange outage: BTC price briefly crashed to “USD 0,” triggering cascading liquidations and requiring an on-chain rollback.
7、German think tank study: Approximately 96% of U.S. tariff costs are ultimately borne by domestic consumers and importers.
8、#BSC meme token “1” briefly reached a market cap above USD 17 million, marking an all-time high, before pulling back to around USD 15 million.
Paradex — взаимодействуем с биржей деривативов с прицелом на дроп
Paradex — биржа криптодеривативов на appchain StarkNet. Сейчас предлагает торговлю бессрочными фьючерсами и планирует расширение ассортимента.
#StarkNet #Paradex ,#airdrop ,#TradingCommunity
Проект был инкубирован Paradigm — крупнейшей институциональной сетью ликвидности для криптоопционов, обрабатывающей $1 млрд суточного объема (свыше $520 млрд за все время), занимая 30% на мировом рынке. Такой подход к инкубации позволил Paradex обойтись без венчурного капитала и сосредоточиться на развитии продукта, имея доступ к экспертизе и ресурсам.
На платформе сейчас идет второй сезон кампании, который продлится с 3 января до конца июля 2025 года. В этот период пользователи могут зарабатывать поинты за торговлю и участие в пулах ликвидности. Запуск токена и аирдроп уже подтверждены — они состоятся после завершения второго сезона.
Гайд по прохождению активностей
Примечание: для прохождения понадобится кошелек по типу Metamask.Дальше открываем настройки профиля и присоединяем соцсети:Выбираем интересующий актив. Выставляем желаемые настройки: плечо, открытие позиции в Long или Short, объем позиции и т.д. Торгуем и набираем объем: Примечание: чем больше плечо, тем больше шанс ликвидации. Также не забывайте выставлять Stop Loss.Торговлю на Paradex можно совмещать с открытием противоположно направленных ордеров на других биржах (например, Hyperliquid) для реализации дельта-нейтральной стратегии. В таком случае получится торговать с расходами только на комиссию.Помимо торговли, у пользователей есть возможность предоставить свои средства другим трейдерам или непосредственно Paradex для поддержания ликвидности. За что можно получать APR и поинты. Для этого переходим на вкладку Vaults, выбираем пул или создаем свой и вносим средства:
#StarkNet #Paradex ,#airdrop ,#TradingCommunity
Проект был инкубирован Paradigm — крупнейшей институциональной сетью ликвидности для криптоопционов, обрабатывающей $1 млрд суточного объема (свыше $520 млрд за все время), занимая 30% на мировом рынке. Такой подход к инкубации позволил Paradex обойтись без венчурного капитала и сосредоточиться на развитии продукта, имея доступ к экспертизе и ресурсам.
На платформе сейчас идет второй сезон кампании, который продлится с 3 января до конца июля 2025 года. В этот период пользователи могут зарабатывать поинты за торговлю и участие в пулах ликвидности. Запуск токена и аирдроп уже подтверждены — они состоятся после завершения второго сезона.
Гайд по прохождению активностей
Примечание: для прохождения понадобится кошелек по типу Metamask.Дальше открываем настройки профиля и присоединяем соцсети:Выбираем интересующий актив. Выставляем желаемые настройки: плечо, открытие позиции в Long или Short, объем позиции и т.д. Торгуем и набираем объем: Примечание: чем больше плечо, тем больше шанс ликвидации. Также не забывайте выставлять Stop Loss.Торговлю на Paradex можно совмещать с открытием противоположно направленных ордеров на других биржах (например, Hyperliquid) для реализации дельта-нейтральной стратегии. В таком случае получится торговать с расходами только на комиссию.Помимо торговли, у пользователей есть возможность предоставить свои средства другим трейдерам или непосредственно Paradex для поддержания ликвидности. За что можно получать APR и поинты. Для этого переходим на вкладку Vaults, выбираем пул или создаем свой и вносим средства:
🚨 Paradex User Reports Account Lock & $218,922 Loss After Options Pricing Incident
According to ChainCatcher, a trader known as Systemic Strategies claims to have suffered a $218,922 loss after an options-related pricing issue on Paradex.
The user says they noticed abnormally low implied volatility in certain options and initially considered reporting it through a bug-bounty channel. After emailing Paradex, they tested small trades but found that unrealized profits could not be withdrawn, while market makers did not adjust the pricing.
They continued trading normally — but later, Paradex locked the account, forcibly liquidated positions, and ultimately labeled the user an “attacker”, accusing them of violating platform rules.
Although Paradex acknowledged a pricing error, they refused compensation.
#paradex #DeFi #OptionsTrading #CryptoNews #WriteToEarnUpgrade
$FIS
$LAYER
$ACT
According to ChainCatcher, a trader known as Systemic Strategies claims to have suffered a $218,922 loss after an options-related pricing issue on Paradex.
The user says they noticed abnormally low implied volatility in certain options and initially considered reporting it through a bug-bounty channel. After emailing Paradex, they tested small trades but found that unrealized profits could not be withdrawn, while market makers did not adjust the pricing.
They continued trading normally — but later, Paradex locked the account, forcibly liquidated positions, and ultimately labeled the user an “attacker”, accusing them of violating platform rules.
Although Paradex acknowledged a pricing error, they refused compensation.
#paradex #DeFi #OptionsTrading #CryptoNews #WriteToEarnUpgrade
$FIS
$LAYER
$ACT
🚨 Paradex rolled back its blockchain after a technical glitch caused mass liquidations.
Paradex, a decentralized perpetual futures exchange, confirmed it rolled back its application-specific blockchain to a prior state following a technical glitch that caused Bitcoin's price to erroneously drop to $0 on the platform, triggering mass liquidations. The exchange has since resumed trading, assuring users that all funds are safe.
📍Incident Overview
▪︎ Cause: The glitch stemmed from a faulty database migration during scheduled maintenance on January 19, 2026.
I▪︎ mpact: The error caused incorrect pricing data, leading to a cascade of automated liquidations as trading algorithms reacted to the zero price feed.
▪︎ Response: Paradex halted services for approximately eight hours and rolled back the chain state to block 1,604,710, which was the last known correct state before the maintenance began. This action effectively reversed all trades and liquidations that occurred during the outage.
▪︎ Mitigation: All open orders were force-canceled, except for take-profit/stop-loss (TPSL) orders, as part of the recovery process.
🔻Key Insights
▪︎ User funds are reportedly safe, and accounts were restored to their status prior to the maintenance.
▪︎ The incident has rekindled debate within the crypto community regarding the use of blockchain rollbacks, a controversial measure that challenges the core principle of blockchain immutability.
▪︎ The native Starknet token (STRK) saw its price fall by approximately 3.6% in the aftermath of the incident, reflecting broader ecosystem concerns.
▪︎ Paradex, which operates as a layer-2 application chain on Starknet, is a significant player in the perpetual DEX market, with over $37 billion in 30-day trading volume.
#paradex #BTCfall #massliquidation #BTC #solana $ETH $SOL $BTC
📍Incident Overview
▪︎ Cause: The glitch stemmed from a faulty database migration during scheduled maintenance on January 19, 2026.
I▪︎ mpact: The error caused incorrect pricing data, leading to a cascade of automated liquidations as trading algorithms reacted to the zero price feed.
▪︎ Response: Paradex halted services for approximately eight hours and rolled back the chain state to block 1,604,710, which was the last known correct state before the maintenance began. This action effectively reversed all trades and liquidations that occurred during the outage.
▪︎ Mitigation: All open orders were force-canceled, except for take-profit/stop-loss (TPSL) orders, as part of the recovery process.
🔻Key Insights
▪︎ User funds are reportedly safe, and accounts were restored to their status prior to the maintenance.
▪︎ The incident has rekindled debate within the crypto community regarding the use of blockchain rollbacks, a controversial measure that challenges the core principle of blockchain immutability.
▪︎ The native Starknet token (STRK) saw its price fall by approximately 3.6% in the aftermath of the incident, reflecting broader ecosystem concerns.
▪︎ Paradex, which operates as a layer-2 application chain on Starknet, is a significant player in the perpetual DEX market, with over $37 billion in 30-day trading volume.
#paradex #BTCfall #massliquidation #BTC #solana $ETH $SOL $BTC
137 · 市场风向✨1 - 20
盘点24H 热点 - 市场速览
1、百慕大政府宣布与 Coinbase、#Circle 合作推进“完全链上”国家经济；
2、NYSE 披露/推进代币化股票与 ETF 的交易平台规划，目标 7×24 小时交易与结算；
3、现货 #白银 再创新高：约 94.58～94.68 美元/盎司，日内涨幅约 5%；
4、40 年期日本国债收益率自 2007 年推出以来首次突破 4%；
5、CME“美联储观察”：1 月维持利率不变概率 95%；
6、#Paradex 永续合约交易所故障：BTC 价格一度“暴跌至 0 美元”并引发连锁清算，随后需进行链回滚；
7、德国智库研究称，美国关税成本约 96% 由本国消费者和进口商承担；
8、#BSC 链上 Meme 币「1」市值短时突破 1700 万美元创历史新高，后暂报约 1500 万美元.
盘点24H 热点 - 市场速览
1、百慕大政府宣布与 Coinbase、#Circle 合作推进“完全链上”国家经济；
2、NYSE 披露/推进代币化股票与 ETF 的交易平台规划，目标 7×24 小时交易与结算；
3、现货 #白银 再创新高：约 94.58～94.68 美元/盎司，日内涨幅约 5%；
4、40 年期日本国债收益率自 2007 年推出以来首次突破 4%；
5、CME“美联储观察”：1 月维持利率不变概率 95%；
6、#Paradex 永续合约交易所故障：BTC 价格一度“暴跌至 0 美元”并引发连锁清算，随后需进行链回滚；
7、德国智库研究称，美国关税成本约 96% 由本国消费者和进口商承担；
8、#BSC 链上 Meme 币「1」市值短时突破 1700 万美元创历史新高，后暂报约 1500 万美元.
Paradex 交易所比特币价格归零：发生了什么？📉
1 月 19 日早晨，Paradex 平台的交易者遭遇了惊魂时刻。由于技术故障，BTC 价格在瞬间跌至零，引发了大规模的强制平仓（爆仓）。
核心要点：
故障发生： 异常波动发生在早间，导致交易系统出现混乱。官方响应： Paradex 团队迅速介入，并决定回滚协议，以撤销因该错误产生的异常交易。现状： 目前团队正在处理后续影响。
此次事件再次提醒我们，即使在大型平台上，流动性风险和系统漏洞依然存在。
请务必注意风险管理，保护好您的资产！ 🛡️ #Paradex #Bitcoin #BTC #CryptoNew s
#Liquidation
1 月 19 日早晨，Paradex 平台的交易者遭遇了惊魂时刻。由于技术故障，BTC 价格在瞬间跌至零，引发了大规模的强制平仓（爆仓）。
核心要点：
故障发生： 异常波动发生在早间，导致交易系统出现混乱。官方响应： Paradex 团队迅速介入，并决定回滚协议，以撤销因该错误产生的异常交易。现状： 目前团队正在处理后续影响。
此次事件再次提醒我们，即使在大型平台上，流动性风险和系统漏洞依然存在。
请务必注意风险管理，保护好您的资产！ 🛡️ #Paradex #Bitcoin #BTC #CryptoNew s
#Liquidation
#Paradex is one of the very few projects in crypto that actually reinvented something.
Most protocols today are just forks or trend followers.
Paradex didn’t chase narratives, it built infrastructure.
• Zero fees by design (not a promo, not premium access)
• Retail traders don’t pay, but market makers do, via API
• RPI is a real innovation: non-toxic liquidity, real retail flow
• Perpetual options (not time-decaying like traditional options)
• Full privacy: positions and balances aren’t visible → no front-running
Tight spreads + deep orderbooks, genuinely CEX-level
Backed by Paradigm, the best options market maker in the game.
No fake liquidity, no overfundraising, no shortcuts.
Paradex won’t be the one that follows.
It will be the one others follow.
Binance already did by adding RPI.
RPI will become the standard.#CPIWatch
Most protocols today are just forks or trend followers.
Paradex didn’t chase narratives, it built infrastructure.
• Zero fees by design (not a promo, not premium access)
• Retail traders don’t pay, but market makers do, via API
• RPI is a real innovation: non-toxic liquidity, real retail flow
• Perpetual options (not time-decaying like traditional options)
• Full privacy: positions and balances aren’t visible → no front-running
Tight spreads + deep orderbooks, genuinely CEX-level
Backed by Paradigm, the best options market maker in the game.
No fake liquidity, no overfundraising, no shortcuts.
Paradex won’t be the one that follows.
It will be the one others follow.
Binance already did by adding RPI.
RPI will become the standard.#CPIWatch
B
币安人生/USDT
Pris
0,145
Layerswap just teamed up with Paradex, a ZK-powered derivatives trading platform!
Users can now easily move $USDC funds between Layerswap and Paradex for smooth trading.
#Layerswap #paradex #BTC_Bounce_Back_to_57k #SOFR_Spike #BinanceTurns7
Users can now easily move $USDC funds between Layerswap and Paradex for smooth trading.
#Layerswap #paradex #BTC_Bounce_Back_to_57k #SOFR_Spike #BinanceTurns7
PARADEX ROLLBACK SHOCKER! $BTC DUMPED TO ZERO!
A critical software bug has plunged $BTC to $0G on Paradex, triggering mass liquidations. The exchange is now executing a centralized rollback to reverse unfair liquidations. This is a major blow to decentralized finance claims. While all user funds are confirmed safe, trading is suspended indefinitely. The platform was averaging over $1 billion in daily volume. This incident questions the true decentralization of DeFi.
Disclaimer: This is not financial advice.
#DeFi #Crypto #Bitcoin #Paradex 🚨
A critical software bug has plunged $BTC to $0G on Paradex, triggering mass liquidations. The exchange is now executing a centralized rollback to reverse unfair liquidations. This is a major blow to decentralized finance claims. While all user funds are confirmed safe, trading is suspended indefinitely. The platform was averaging over $1 billion in daily volume. This incident questions the true decentralization of DeFi.
Disclaimer: This is not financial advice.
#DeFi #Crypto #Bitcoin #Paradex 🚨
当白宫权力失去缰绳：特朗普第二年的全球震荡与市场暗流
时间来到特朗普重返白宫一周年的节点。这位总统的第二任期已步入第二年，其执政风格愈发鲜明：国内裂痕因激进政策而加深，高通胀顽疾未解，而那句“仅受自身道德标准约束”的宣言，让外界对其下一步动作充满忧虑。
过去一年，一系列政策闪电战接连上演。明尼苏达州针对非法移民的联邦打击行动更为激进；一场大胆的军事突袭直接指向委内瑞拉总统马杜罗；收购格陵兰岛的旧事重提；对伊朗的轰炸威胁；以及对针对美联储主席鲍威尔的刑事调查所引发的经济担忧，他只回应了三个字：“我不在乎。”
今年1月，他曾向媒体阐释其海外军事行动的决策逻辑：唯一的制约是“我自己的道德标准”。这些言论清晰地勾勒出他对总统职权的认知——约束主要来自个人判断，而非制度性限制。白宫发言人解释称，总统的第一直觉是外交，所有决定均经深思，但他保留所有选项。委内瑞拉与伊朗的行动，被归因于对方“未能进行严肃谈判”。
2025年1月20日，他以胜利者姿态开启第二任期，誓言重塑经济、官僚机构、移民政策乃至文化生活。如今回顾，其大部分议程已落地，这使其成为现代美国历史上权力最为集中的总统之一。
然而，如同所有无法寻求连任的总统，执政第二年往往伴随权力衰减。他仍是一位极不受欢迎的人物：越来越多的美国民众对其经济处理方式不满，并担忧其政策优先序。但民意两极分化严重，其在核心支持者中根基依旧深厚。路透社与益普索的近期民调显示，其支持率为41%，不满意度为58%。这一数字虽偏低，却并非其任期内的最低点。
民主党策略师指出，特朗普对法治与制衡的完全无视，让美国人在各个层面变得更不安全，这种“无法无天”的行为可能导致选民在中期选举中惩罚共和党。特朗普本人也承认，历史规律不利于执政党的中期选举，共和党存在失去国会控制权的风险。他警告党内议员，若失守国会，民主党主导的众议院可能发起第三次弹劾。
当被问及选民最关切的高物价问题时，他坚称经济处于历史“最强劲”状态，尽管通胀数据居高不下。近期，他试图在演讲中回应生活成本担忧，却又同时将负担能力问题称为民主党的“骗局”，这种矛盾的表述使其努力效果大打折扣。
回顾其第一年，行动堪称密集：削减联邦文职规模、拆解政府机构、大幅削减对外人道援助、实施大规模移民突袭与驱逐、向民主党主政城市派遣国民警卫队。此外，通过对多国商品加征关税引发贸易战、通过大规模减税与削减支出法案、起诉政治对手、限制部分疫苗获取，并持续攻击大学、律所及媒体机构。
外交方面，尽管承诺上任即结束俄乌冲突，但在和平协议上进展寥寥。他声称自己已结束了八场战争，鉴于其中多个地区冲突仍在持续，这一说法受到广泛质疑。
历史学者与分析人士观察到，所有现代总统都试图扩大权力，但特朗普今年扩张行政权力的速度是罕见的。其通过行政命令与紧急状态声明，将大量决策权从国会转移至白宫。最高法院的保守派多数大多支持其立场，共和党控制的国会也未构成实质阻挠。与第一任期不同，如今的内阁已塞满忠诚者，使其掌控力更为彻底。
总统历史学家指出，特朗普在第二任期行使权力时所受的约束，比自富兰克林·罗斯福以来的任何一位总统都要少。罗斯福在执政初期，凭借国会的绝对多数席位与应对大萧条的广泛公众支持，其扩大政府规模的国内议程几乎未遇阻力。
当前，分析师与党内策略师认为，特朗普难以让选民相信他理解民众对高生活成本的挣扎，这可能促使部分共和党议员为保席位而与其保持距离。助手透露，尽管特朗普本人不参与11月的中期选举，但今年将频繁出访宣传其经济议程，试图说服选民他有降低物价的计划。然而，其近期经济演讲常常离题、缺乏重点，且继续将大量注意力置于外交事务，这种缺乏纪律的信息传递，令不少共和党策略师与候选人感到担忧。
对于市场而言，这种高度的政治不确定性及“震慑”式外交，传统上会推动部分资金寻求非主权避险资产。历史数据表明，全球地缘政治紧张时期，$BTC与$ETH等加密资产时常出现交易量上升与价格波动加剧的现象。虽然文中未直接提及具体币种价格与涨跌幅，但权力格局的剧烈变动与法定货币政策的潜在压力，是加密市场参与者无法忽视的宏观背景。
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关注我：获取更多加密市场实时分析与洞察！
#Circle #白银 #Paradex @BinanceSquareCN
过去一年，一系列政策闪电战接连上演。明尼苏达州针对非法移民的联邦打击行动更为激进；一场大胆的军事突袭直接指向委内瑞拉总统马杜罗；收购格陵兰岛的旧事重提；对伊朗的轰炸威胁；以及对针对美联储主席鲍威尔的刑事调查所引发的经济担忧，他只回应了三个字：“我不在乎。”
今年1月，他曾向媒体阐释其海外军事行动的决策逻辑：唯一的制约是“我自己的道德标准”。这些言论清晰地勾勒出他对总统职权的认知——约束主要来自个人判断，而非制度性限制。白宫发言人解释称，总统的第一直觉是外交，所有决定均经深思，但他保留所有选项。委内瑞拉与伊朗的行动，被归因于对方“未能进行严肃谈判”。
2025年1月20日，他以胜利者姿态开启第二任期，誓言重塑经济、官僚机构、移民政策乃至文化生活。如今回顾，其大部分议程已落地，这使其成为现代美国历史上权力最为集中的总统之一。
然而，如同所有无法寻求连任的总统，执政第二年往往伴随权力衰减。他仍是一位极不受欢迎的人物：越来越多的美国民众对其经济处理方式不满，并担忧其政策优先序。但民意两极分化严重，其在核心支持者中根基依旧深厚。路透社与益普索的近期民调显示，其支持率为41%，不满意度为58%。这一数字虽偏低，却并非其任期内的最低点。
民主党策略师指出，特朗普对法治与制衡的完全无视，让美国人在各个层面变得更不安全，这种“无法无天”的行为可能导致选民在中期选举中惩罚共和党。特朗普本人也承认，历史规律不利于执政党的中期选举，共和党存在失去国会控制权的风险。他警告党内议员，若失守国会，民主党主导的众议院可能发起第三次弹劾。
当被问及选民最关切的高物价问题时，他坚称经济处于历史“最强劲”状态，尽管通胀数据居高不下。近期，他试图在演讲中回应生活成本担忧，却又同时将负担能力问题称为民主党的“骗局”，这种矛盾的表述使其努力效果大打折扣。
回顾其第一年，行动堪称密集：削减联邦文职规模、拆解政府机构、大幅削减对外人道援助、实施大规模移民突袭与驱逐、向民主党主政城市派遣国民警卫队。此外，通过对多国商品加征关税引发贸易战、通过大规模减税与削减支出法案、起诉政治对手、限制部分疫苗获取，并持续攻击大学、律所及媒体机构。
外交方面，尽管承诺上任即结束俄乌冲突，但在和平协议上进展寥寥。他声称自己已结束了八场战争，鉴于其中多个地区冲突仍在持续，这一说法受到广泛质疑。
历史学者与分析人士观察到，所有现代总统都试图扩大权力，但特朗普今年扩张行政权力的速度是罕见的。其通过行政命令与紧急状态声明，将大量决策权从国会转移至白宫。最高法院的保守派多数大多支持其立场，共和党控制的国会也未构成实质阻挠。与第一任期不同，如今的内阁已塞满忠诚者，使其掌控力更为彻底。
总统历史学家指出，特朗普在第二任期行使权力时所受的约束，比自富兰克林·罗斯福以来的任何一位总统都要少。罗斯福在执政初期，凭借国会的绝对多数席位与应对大萧条的广泛公众支持，其扩大政府规模的国内议程几乎未遇阻力。
当前，分析师与党内策略师认为，特朗普难以让选民相信他理解民众对高生活成本的挣扎，这可能促使部分共和党议员为保席位而与其保持距离。助手透露，尽管特朗普本人不参与11月的中期选举，但今年将频繁出访宣传其经济议程，试图说服选民他有降低物价的计划。然而，其近期经济演讲常常离题、缺乏重点，且继续将大量注意力置于外交事务，这种缺乏纪律的信息传递，令不少共和党策略师与候选人感到担忧。
对于市场而言，这种高度的政治不确定性及“震慑”式外交，传统上会推动部分资金寻求非主权避险资产。历史数据表明，全球地缘政治紧张时期，$BTC与$ETH等加密资产时常出现交易量上升与价格波动加剧的现象。虽然文中未直接提及具体币种价格与涨跌幅，但权力格局的剧烈变动与法定货币政策的潜在压力，是加密市场参与者无法忽视的宏观背景。
---
关注我：获取更多加密市场实时分析与洞察！
#Circle #白银 #Paradex @BinanceSquareCN
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