Uniswap Labs buys PONS as Robinhood Chain launchpad fees surge
Uniswap Labs buys PONS as Robinhood Chain launchpad fees surge
Uniswap Labs purchased PONS for what the launchpad called long term alignment, but neither party disclosed the size, price or structure of the transaction.Pons generated $5.95 million in fees over 24 hours and has earned more in daily fees than Solana based pump.fun every day since Aug. 29.Robinhood Chain accounted for $901.5 million, or 56.3%, of Uniswap V4’s $1.6 billion in trading volume across supported networks.PONS rose 17.5% to $0.5013 and reached an all time high of $0.5242, while its market capitalization climbed to $357.1 million.