Yei Finance: fastUSD Market Experiences Anomaly, Protocol Paused

November 5th - As per Ember Monitor, the "Former 100% Win Rate Whale" augmented their ETH short position by a leverage of 25 times to $37.67 million. The average entry price was $3,300 and the liquidation price was $3,355.

On November 5th, according to official channels, a new product that is supported by the Meme coin BONK within the Solana ecosystem and the privacy blockchain Manta Network, namely Junk.fun, has been officially launched. Junk.fun makes use of Solana's rent exemption mechanism to assist users in one-click burning worthless Memecoins or NFTs, releasing the locked SOL rent and converting it into CREDITS points. Users are able to use CREDITS points to participate in official ecosystem activities. Currently, a total reward pool of $75,000 has been opened, and the event will last for three weeks.

On November 5th, according to the official announcement, OKX is scheduled to officially launch the TRUST USDT perpetual contract at 7:30 p.m. (UTC+8) on November 5th, 2025 on the web, app, and API. The maximum leverage is 50x.

On November 5th, Matt Hougan, the Chief Investment Officer of Bitwise, stated that the era of allocating only 1% of assets to Bitcoin has come to an end. Just like companies after their initial public offerings (IPOs) are much less risky compared to early-stage startups, today's Bitcoin is much more mature and stable than it was a decade ago, and there is a more widespread ownership distribution. With the adoption of institutions and ETF trading, its volatility has significantly decreased, indicating its evolution towards a mainstream asset. The path for Bitcoin to increase its market value from $2.5 trillion to gold's $25 trillion may be achieved more quickly than many had expected.

On November 5th, the probability on Polymarket that Trump will lose the tariff case in the Supreme Court is currently 61%. Bettors anticipate that the Court is likely to reject Trump's argument regarding "broad global tariffs without congressional approval." Just a few hours later, the oral argument battle regarding the president's emergency economic powers is about to commence. (Oral arguments at the U.S. Supreme Court usually start at 10 a.m. Eastern Time, which is 11 p.m. Beijing Time on this day.) BlockBeats had previously reported that the U.S. Supreme Court will hold oral arguments today on whether Trump can impose tariffs under the IEEPA. The key issue in this case is: Can the president impose broad tariffs on imported goods from around the world under the International Emergency Economic Powers Act (IEEPA)? The impact of this case goes beyond just trade policy; the Supreme Court's ruling will determine whether the president can bypass Congress by using emergency powers, potent

On November 5th, according to TheDataNerd's monitoring, 6 hours prior to this, MetaAlpha withdrew 6,800 ETH (approximately $22.72 million) from Binance and then deposited the entire amount into AAVE.