2025-12-29 08:07:13

After reading the annual report of a leading exchange, then looking at the yearly summaries of travel and shopping apps—there's quite a difference.

Other apps: User data is well-organized, all metrics are steadily increasing, and the annual summary is clear and straightforward.

Looking at the exchange's report? It's a busy mess—data scattered everywhere, as if trying to find a way out.

The most awkward part is that the report doesn't show the total annual loss figure at all. Can you guess why?

If you want to know the details, I suggest you take a look yourself. Those who only post a screenshot might have a story behind it that's even more interesting than the report itself.

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DecentralizeMe

· 01-01 04:36

Haha, this comparison of data transparency is really just playing word games. I also looked at that report from the exchange, and it's really... an art of selective disclosure. They don't mention losses at all, and the data is scattered across different sections—you have to piece it together yourself.

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pumpamentalist

· 01-01 01:15

Alright, it's that old trick of hiding the loss figures so tightly again. No matter how fancy the data presentation, it can't change the embarrassing reality. That's why I only look at on-chain data; reports are basically just stories. The story behind the screenshots is actually more explosive than financial reports. It's better to directly look at wallet flows; it's much more effective than reading reports. This industry is like that—transparency is always on paper, but in reality? Hehe

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TokenAlchemist

· 2025-12-30 03:27

data fragmentation is literally the oldest game in the book—cherry-pick metrics, bury the unfavorable state transitions, call it "transparency." classic inefficiency vector these exchanges exploit.

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GateUser-0717ab66

· 2025-12-29 08:15

This is what you call making a PPT. A bunch of numbers is really hard to understand.

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OptionWhisperer

· 2025-12-29 08:13

Data hides the cats and mice, this move by the exchange is really clever Loss figures disappear without a trace, a smart choice Exchange reports are like artworks, impossible to see through If you only post screenshots, I’d love to hear the story behind them This is called storytelling, data can be turned into poetry Where did the losses in the report go? This is the biggest mystery of the month The exchange has learned how to write reports that are incomprehensible Is transparency a luxury? Why does it feel like exchange reports are a guessing game Hiding losses so deeply, are they trying to create a suspense novel? Data is scattered all over, is this a new art form? Travel apps could learn from exchanges and hide data too, give it a try

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FOMOSapien

· 2025-12-29 08:12

Data is fragmented into pieces, and the loss figures are playing "hide and seek"... This report is truly brilliant.

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GhostInTheChain

· 2025-12-29 08:11

Haha, this report is really "artistic creation," the data manipulation is slick What about the loss figures? Probably hidden under the invisibility cloak

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