According to EmberCN on Twitter, crypto data provider Kaiko released its 2025 Q2 spot exchange research, ranking HTX as the 8th largest spot CEX among 45 exchanges, up two positions from the previous quarter (source: kaiko.com/indices/exchange-rankings). Additional data from Coingecko’s April 2025 report further highlights HTX’s spot trading growth. For traders, HTX’s improved ranking and rising trading activity signal increased liquidity and potentially tighter spreads, making it a more attractive venue for spot crypto trades. This upward momentum may lead to greater competition among top exchanges, influencing overall crypto market depth and volatility (source: Coingecko 2025 Q2 report).

According to EmberCN on Twitter, the $TRUMP project team has officially announced the transfer of 3.5 million $TRUMP tokens, valued at $52.48 million, into a centralized exchange (CEX) for one-sided liquidity provision (Source: @EmberCN, May 10, 2025). This move increases on-exchange liquidity, which typically leads to tighter spreads and higher trading volumes. For traders, this could result in reduced slippage and improved execution for large $TRUMP orders. However, the injection of a significant token amount may also increase short-term price volatility as the market absorbs the new liquidity. Crypto market participants should closely monitor order book dynamics and any subsequent project updates for further trading opportunities.

According to Justin Sun, USDD is functioning normally and is comparable to Wrapped ETH in terms of trading. Users can exchange USDD at a 1:1 ratio on the official website, and any deviation from this ratio may result in a loss. Centralized exchange (CEX) liquidity for USDD is expected to continue strengthening, which is beneficial for traders looking for stable exchange rates and high liquidity levels (source: Justin Sun on Twitter).