Pons Earned More Fees in 24 Hours Than Hyperliquid, Polymarket, and Fomo Combined

Robinhood built a chain for tokenized stocks. Meme coin traders took it over, and a launchpad called Pons says it has cleared $4.54 billion in volume in under 2 months.

Pons now runs most token launches on the network. Its own token reached a record high on September 1 and leads the chain by market value.

How Pons Took Over Robinhood Chain Launches

The $4.54 billion figure came from Pons’ post on X. The launchpad handled $370.2 million in volume on September 1, according to a Dune dashboard. Launchpads on the network processed $623.1 million combined that day.

That gave Pons 59% of all launch activity on the chain. Rival platform long.xyz placed second with $151.4 million. The lead is not new.

Pons overtook Noxa in mid-July and has held the largest share of daily launchpad volume nearly every day since. Only pools. trade has briefly passed it, in early August.

Token creation is more concentrated still. Launchpads minted 27,802 tokens on August 31, and Pons produced 17,909 of them. The platform counted 106,488 active wallets on September 1.

Fee generation has followed. Bubblemaps put Pons at $4.73 million in fees over 24 hours, citing DefiLlama. That total beat Hyperliquid, Polymarket, and Fomo combined, which reached $4.65 million.

It also topped the combined network fees of Robinhood Chain, BNB Smart Chain, and Solana at $3.46 million. Bubblemaps counted only base network fees for the chains.

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PONS Token Sets Record High

The volume story has a price story attached. PONS traded at $0.42436 early Wednesday, down 9.82% on the day. Its market capitalization stands at $301.9 million, ranking it 134th.

The token reached a record $0.49328 on September 1. It has gained 1,297.8% over the past month.

Dune data ranks PONS above AI and Cash Cat (CASHCAT) by market value. The token’s lead extends beyond that. PONS was also the most traded asset on the chain over the past 24 hours.

PONS drew $62.46 million in volume over 24 hours across 110,827 trades and 9,063 unique wallets.

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