Chung Daily Note - 2025/7/9

Happy Wednesday! You’re halfway there! Stay focused and keep moving forward! 💯

💡uSOL, a 1:1 wrapped $SOL by @universaldotxyz, is now live with rewards on @SushiSwap and @katana—LP, lend, or swap to start earning

Top 5 Mindshare on @arbusai

1. @grok - 7.70%

2. @KaitoAI - 2.32%

3. @AbstractChain - 1.53%

4. @opensea - 1.41%

5. @bonk_fun - 1.34%

Some highlights from today's note

🔸Circle inks USDC revenue-sharing deal with Bybit

🔸@pumpdotfun $PUMP launches via ICO on July 12

🔸@GMX_IO V1’s GLP pool on Arbitrum was exploited, with ~$40M drained to an unknown wallet

Read More Below 👇

---

📰 News

• Circle inks USDC revenue-sharing deal with Bybit

• Ripple to deposit $500M $RLUSD stablecoin reserve with BNY Mellon

• @pumpdotfun $PUMP launches via ICO on July 12

• @phantom Perps lets you trade 100+ markets with up to 40x leverage via @HyperliquidX

• @GMX_IO V1’s GLP pool on Arbitrum was exploited, with ~$40M drained to an unknown wallet

---

📖 Good Reads

• @ChorusOne - Alpenglow Consensus Deep Dive

• @sandraaleow - Beyond Mindshare Metrics: A Yapper Leaderboard Brief for Projects

---

🎉 New Protocols

• @kenseionkatana

• @FluxePay

• @kodachi_io

---

💰 Crypto Fundraising

• @Velvet_Capital (DeFi) - 3.7m

---

💵 Airdrops

• @DeRonin_ - @zama_fhe testnet guide

---

💡Videos & Podcasts

• @mrblocktw - No rate cuts in sight — is Ethereum about to break out? Big-cap opportunities ahead. – Discussion (Episode 1227)

• @Grantblocmates - Don’t Miss the Next 100x - LetsBONK Just Flipped Pumpfun

---

😇 Opportunity

@infinex just tripled its stablecoin Earn lineup—$sUSDS, $sFRAX, and $sUSDE are now live, offering better yields with zero fees and just two clicks to start earning

That's all!