Recently, there has been circulating information in the market: a leading Wall Street institution is suspected of manipulating the metals market and may face fines exceeding $1 billion. This is not an isolated incident but reflects a deeper issue—the ongoing loss of market fairness.

When a few institutions hold pricing power, protecting the rights of ordinary investors becomes a hollow statement. History has repeatedly shown that covert operations within traditional financial systems have never truly disappeared; they have only changed form. Regulatory actions are often delayed, and investors are already paying the price for information asymmetry and manipulation.

This is where the value of decentralized finance (DeFi) becomes evident. The core advantage of blockchain is not in speculating on coin prices but in providing a transparent and open trading mechanism. On-chain data cannot be tampered with, and every transaction leaves a trace, forming the technical foundation to combat covert manipulation.

Of course, this does not mean that the crypto asset market is completely problem-free—but at least there is a possibility: using transparent mechanisms to counteract the opaque traditional system. Every trust crisis in traditional finance strengthens the practical significance of blockchain spirit.

The popularity of tokens like $PEPE, $DOGE, and others also, to some extent, reflects investors' demand for risk assets and new mechanisms. Real change requires the joint advancement of time and technology.

What do you think? Does financial transparency require more radical technological reforms? Share your thoughts in the comments.