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."

ChainCatcher message, the NFT trading protocol sudoswap announced the launch of sudoAMM Gradual Dutch Auctions (GDA), allowing for the effective sale or purchase of NFTs over time.The sudoAMM mechanism is as follows: when selling, GDA starts at a higher price and gradually decreases over time. However, each time a token is sold, the pool price increases, enabling continuous price discovery. When purchasing, the price starts at a lower level and gradually rises over time, with adjustments made downwards after each purchase.

ChainCatcher news, according to Solscan data, it has been confirmed that FTX cold wallets began transferring their SOL yesterday. Multiple FTX cold wallets collectively hold nearly 7 million SOL (worth approximately $134 million). Solana co-founder Anatoly Yakovenko tweeted that he prefers to distribute SOL to former FTX customers.Yakovenko believes: "My idea is to directly distribute SOL to all FTX customers." He added: "For everyone, distributing SOL to 5 million users will benefit the network in the long term, and if users can control their assets and sell their shares in a Dutch auction, it could lead to good outcomes."