Pons Earned More Fees in 24 Hours Than Hyperliquid, Polymarket, and Fomo Combined
Robinhood constructed a sequence for tokenized shares. Meme coin merchants took it over, and a launchpad known as Pons says it has cleared $4.54 billion in quantity in underneath 2 months.
Pons now runs most token launches on the community. Its personal token reached a document high on September 1 and leads the chain by market worth.
How Pons Took Over Robinhood Chain Launches
The $4.54 billion determine got here from Pons’ post on X. The launchpad dealt with $370.2 million in quantity on September 1, in accordance with a Dune dashboard. Launchpads on the community processed $623.1 million mixed that day.
That gave Pons 59% of all launch exercise on the chain. Rival platform lengthy.xyz positioned second with $151.4 million. The lead isn’t new.
Pons overtook Noxa in mid-July and has held the biggest share of each day launchpad quantity almost on daily basis since. Only swimming pools. commerce has briefly handed it, in early August.
Token creation is extra concentrated nonetheless. Launchpads minted 27,802 tokens on August 31, and Pons produced 17,909 of them. The platform counted 106,488 lively wallets on September 1.
Fee era has adopted. Bubblemaps put Pons at $4.73 million in charges over 24 hours, citing DefiLlama. That whole beat Hyperliquid, Polymarket, and Fomo mixed, which reached $4.65 million.
It additionally topped the mixed community charges of Robinhood Chain, BNB Smart Chain, and Solana at $3.46 million. Bubblemaps counted solely base community charges for the chains.
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PONS Token Sets Record High
The quantity story has a value story connected. PONS traded at $0.42436 early Wednesday, down 9.82% on the day. Its market capitalization stands at $301.9 million, rating it 134th.
The token reached a document $0.49328 on September 1. It has gained 1,297.8% over the previous month.
Dune information ranks PONS above AI and Cash Cat (CASHCAT) by market worth. The token’s lead extends past that. PONS was additionally essentially the most traded asset on the chain over the previous 24 hours.
PONS drew $62.46 million in volume over 24 hours across 110,827 trades and 9,063 distinctive wallets.
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