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Pons Generates $6M in Daily Fees as Robinhood Chain Memecoins Surge

Pons Generates $6M in Daily Fees as Robinhood Chain Memecoins Surge. Source: EconoTimes

Pons, a token creation and trading app built on Robinhood Chain, generated nearly $6 million in fees over the past 24 hours as booming memecoin activity drove heavy usage across the new blockchain network.

According to DefiLlama data, users paid approximately $5.95 million in fees through Pons during the 24-hour period. The figure placed Pons fourth among crypto protocols ranked by daily fees, trailing only Tether, Uniswap and Circle. It also surpassed rival token launch platform Pump, which generated about $4.64 million.

Notably, Pons collected more fees than the blockchain on which it operates. Robinhood Chain generated roughly $4 million during the same period, while decentralized perpetual futures platform Hyperliquid recorded around $2 million.

The sharp increase in Pons activity highlights how memecoins and user-created cryptocurrencies are emerging as major growth drivers for Robinhood Chain. The network launched in July with tokenized stocks positioned as one of its flagship offerings, but speculative tokens have since become a significant source of trading activity and network fees.

Pons allows users to quickly create and trade tokens directly on Robinhood’s blockchain, helping lower the barriers to launching new crypto assets.

Activity on the platform has accelerated rapidly. Nearly 25,000 new tokens were created through Pons on Sept. 2, representing an increase of almost 19%. Meanwhile, 24-hour trading volume climbed to approximately $544 million, according to Pons analytics.

Since its July debut, Pons has facilitated the creation of roughly 646,000 tokens from more than 167,000 unique creator addresses, according to on-chain data.

The latest figures illustrate the growing influence of memecoin trading within the Robinhood Chain ecosystem. While the blockchain was initially promoted largely around tokenized equities and real-world assets, Pons’ rapid expansion suggests retail-driven token creation could become an important source of network adoption, trading volume and fee revenue.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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