Uniswap Doubles as Robinhood Chain Drives Two-Thirds of Its Fees
Uniswap's price doubled as Robinhood Chain generated two-thirds of its fees, mostly via higher-volume tokenized stock trades.
Pons launchpad on Robinhood Chain generated $4.73M in fees in 24 hours, surpassing Hyperliquid, Polymarket and Fomo combined. Its token PONS hit a record high…
Robinhood developed a blockchain designed for tokenized equities. Instead, meme coin traders adopted it, and a platform named Pons reports that it has processed $4.54 billion in transaction volume within less than two months.
Pons now controls the majority of token launches on the network. Its native token climbed to an all-time high on September 1 and holds the largest market capitalization on the chain.
The $4.54 billion figure was reported in a post on X by Pons. On September 1, the launchpad handled $370.2 million in volume, based on a Dune dashboard. That day, all launchpads on the network combined processed $623.1 million.
Pons accounted for 59% of total launch activity on the chain. long.xyz came in second with $151.4 million. This leading position is not a recent development.
Pons surpassed Noxa in mid-July and has maintained the largest daily launchpad volume share almost every day since. Only pools. trade briefly overtook it, during early August.
Token creation is even more concentrated. On August 31, launchpads minted 27,802 tokens, of which Pons generated 17,909. The platform recorded 106,488 active wallets on September 1.
Fee generation has followed the same trend. According to Bubblemaps, citing DefiLlama, Pons earned $4.73 million in fees over a 24-hour period. That total exceeded the combined fees of Hyperliquid, Polymarket and Fomo, which stood at $4.65 million.
It also surpassed the combined network fees of Robinhood Chain, BNB Smart Chain and Solana, which amounted to $3.46 million. Bubblemaps noted that it only counted base network fees for those chains.
This is wild @ponsdotfamily generated more fees today than each group COMBINED:
— Bubblemaps (@bubblemaps) September 1, 2026
> Hyperliquid + Polymarket + Fomo
> Robinhood + BSC + Solana pic.twitter.com/RNvREKETY1
The volume story is accompanied by a price narrative. PONS was trading at $0.42436 early Wednesday, down 9.82% on the day. Its market capitalization is $301.9 million, ranking it 134th.
The token reached a record $0.49328 on September 1. It has surged 1,297.8% over the past month.
According to Dune data, PONS ranks above AI and Cash Cat (CASHCAT) by market value. The token's dominance extends further. Over the past 24 hours, PONS was the most traded asset on the chain.
PONS recorded $62.46 million in volume over 24 hours, spread across 110,827 trades and 9,063 unique wallets.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Uniswap's price doubled as Robinhood Chain generated two-thirds of its fees, mostly via higher-volume tokenized stock trades.
Bitcoin traded at $77,577 as a head-and-shoulders pattern pointed to $71,000; Glassnode put structural support between $62,000 and $65,000.
Full Sail, a Sui-based DEX, is shutting down after an oracle exploit drained $91,000 from three vaults on August 29.
Hyperliquid's HYPE token has been added to the Hashdex Nasdaq CME Crypto Index ETF with a 3.4% weighting, becoming its fifth-largest holding.