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Robinhood Chain DEX volume surges as Pons dominates launchpad fees

Over 24 hours, Robinhood Chain logged $1.49 billion in DEX volume, while Pons took $4.89 million in daily launchpad fees on Aug. 31.

Reported · Written up by our desk · Market Structure

Robinhood Chain, the tokenized equities trading network built by Robinhood, generated $1.49 billion in decentralized exchange volume over the past 24 hours, ranking second behind Solana, according to DefiLlama data cited by The Defiant.

The outlet reports Robinhood Chain accounted for roughly 70% of the launchpad fees paid across crypto, with its memecoin issuance venue now centered on Pons, a launchpad that exists only on Robinhood Chain.

Pons collected $4.89 million in fees on Aug. 31, compared with $1.72 million for Solana's pump.fun, giving Pons a 63.9% share of the $7.65 million paid to launchpads that day, while pump.fun held 22.5%.

The Defiant also says the chain processed $7.25 billion in DEX volume over seven days and $17.75 billion over 30 days, and that Pons has earned $21.04 million over seven days and $31.03 million over 30 days.

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