Cryptocurrency circles talk about PONS: Robinhood Chain's rising star
Nowadays, everyone in the cryptocurrency circle is talking about PONS-the native token of the Pons app on the popular Robinhood Chain network and the best-performing token on the chain to date.
What is PONS?
PONS is the token behind the Pons platform, the largest memin factory on Robinhood Chain-a launch platform that allows anyone to create tokens that focus on jokes or online hotspots rather than real products. If you're already familiar with the Pump.fun app on the Solana network, everything here will make you feel familiar.
The price performance is amazing
As of September 3, the price of the PONS token on Robinhood Chain in the Uniswap trading pool was US$0.5978, with a market value of more than US$430 million, an increase of 31.82% in 24 hours. For early investors, investing $1000 when PONS fell to a low of about $0.0033 on July 17 would be worth about $181,000 today.
How the Pons platform works
Pons is like a cryptocurrency vending machine. Anyone can choose their own names, codes and pictures, and the platform will directly deploy a fixed supply of 1 billion tokens into the trading pool-no code, no team allocation, and no waiting. Pons never touches user funds; every launch and transaction is done through the creator's own wallet.
The platform only runs on Robinhood Chain, a new blockchain network launched by trading app firm Robinhood on July 1. It is a Layer-2 chain, meaning it processes transactions in a faster and cheaper way and settles the results back to Ethereum. Robinhood built the chain to support tokenized stocks and DeFi apps, but memes became the primary driver of early traffic.
Competition and Recovery
Pons 'role on Robinhood Chain is the same as Pump.fun's on Solana: it is the default machine traders use to launch and speculate on new tokens. Pons went into use within days of the Robinhood Chain main network launch and absorbed most of the activity after early rival Noxa suddenly stopped accepting new launches on July 11.
PONS itself started trading around July 15 at a fraction of a few cents. It hit bottom two days later and then rebounded to $0.066 on July 27 as Pons became the busiest launch platform in the chain.
But the first rally failed to ward off competition. In early August, Uniswap-Robinhood Chain's default exchange-launched its own launch platform, Pools.trade, charging zero fees and quickly accounted for half of the launch platform's traffic. The panic caused PONS to plummet to about $0.016.
Token economy model turns things around
What makes PONS rebound is not just the hype caused by Robinhood Chain and its active boom, but its token economy model. About 80% of Pons 'revenue goes to automated repurchase and destruction: the platform uses transaction fees to purchase PONS on the open market and destroy them permanently, reducing supply. About 29%(approximately 288 million) of the original 1 billion tokens have been destroyed, reducing the effective supply to approximately 712 million tokens.
PONS broke through again in late August, climbing from about US$0.03 to a new high of about US$0.49 in early September. During this period, it overtook CashCat-the chain's flagship memecoin, named after the abandoned brand "CashCat" that Robinhood founders Vlad Tenev and Baiju Bhatt considered before naming the company-to become the most valuable token listed on Robinhood Chain.
Tenev also noticed this ecosystem, telling host Graham Stephan on the podcast "Iced Coffee Hour" that on Robinhood Chain,"If you own memin, you can get airdropped tokenized shares."
Latest News
Binance Wallet added PONS to its Alpha trading level on September 2, and the token hit a new high the next day. The Pons platform achieved daily revenue of $5.95 million on September 3-enough to rank fourth among all cryptographic protocols tracked by DefiLlama, and even briefly exceeded Robinhood Chain's own revenue that day.
Currently, PONS trades on Robinhood Chain's Uniswap trading pool and centralized exchanges such as MEXC, Gate.io, KuCoin, Binance Alpha, while also offering futures contracts on Hyperliquid, Bybit and Aster. Estimates vary widely across tracking platforms-from DefiLama's $392 million to OpenSea's $576 million-a reminder that on-chain liquidity remains weak and volatile.

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