Crypto
Home›Crypto›Market Structure›Uniswap’s pools.trade launches on Robinhood Chain, out…
Uniswap’s pools.trade launches on Robinhood Chain, outpacing Pons
Pools.trade opened Aug. 5 with zero launchpad fee, creating 10,506 tokens that day versus Pons’ 7,210, and it has processed more than 23,000 tokens in total.
Uniswap Labs rolled out a new launchpad product called pools.trade on Robinhood Chain, and onchain data shows it beat Pons on daily token launches within its first day of going live. The Defiant reports pools.trade launched shortly after 5:00 p.m. ET on Aug. 5, with Uniswap announcing it at 6:49 p.m. ET.
According to the outlet, pools.trade charges no launchpad fee. Each token launch opens a Uniswap v4 pool with a 0.25% LP fee that autocompounds into liquidity the creator cannot withdraw, with creators able to optionally take a 0.05% cut of that 25 basis points. Uniswap said the product does not change its existing support for launchpads already built on its protocol, though some traders disputed the impact.
The Defiant also details how Pons operates and why the comparison matters for the protocol versus application debate. Pons’ first version launched on Uniswap v3, upgraded last week to a Uniswap v4 hook, and Uniswap had named it in its launchpad aggregator six days before pools.trade opened, according to the outlet.
In the first full day tracked, Pons recorded 7,210 token launches and $52.14 million in volume on Aug. 5, and those figures were down 27% and 2% from the prior day. Pools.trade created 10,506 tokens on Aug. 5 and an additional 11,610 by around 16:40 UTC on Aug. 6, and Uniswap founder Hayden Adams said traders had used earlier versions before the user interface went live, including more than $150 million in trading volume, as summarized by The Defiant.