Crypto KOL: It is rumored that pump.fun plans to adopt the Dutch auction model for public offerings on multiple exchanges

2025-02-09 13:05:22

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ChainCatcher message, encrypted KOL He Bi (@hebi555) posted on X disclosing: "The known news about pump.fun is that it is publicly offered on major exchanges, and it is said to be in a Dutch auction model. Originally, it was exclusive to a certain exchange, but due to compliance issues, that exchange canceled it, and now it has changed to a public offering on multiple exchanges.

Due to the project's enormity and various requirements, the public offering systems of major exchanges currently do not meet the needs of pump.fun. Major exchanges are customizing public offering programs for pump.fun.

However, until the end, there are still many uncertainties. Pump.fun is also facing a class action lawsuit in the United States, and it feels like the token will only be issued after the lawsuit concludes."

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