Uniswap PONS acquisition: token nets $5.95M in fees, beats pump.fun
Uniswap Labs has quietly taken a position in PONS, the token powering one of the busiest crypto launchpads on Robinhood Chain, in a move that pulls the decentralized exchange giant directly into the memecoin economy blooming on the brokerage’s own blockchain. The Uniswap PONS acquisition was confirmed by Pons itself, which described the purchase as a step toward “long-term alignment” between the two projects, though neither side has said how big the position is or what it cost.
Key takeaways
- Uniswap Labs acquired PONS, the token behind a Robinhood Chain launchpad, but did not disclose the quantity, price, or exact date of the purchase.
- PONS jumped 17.5% on the news, hitting an all-time high near $0.5242 before settling around $0.5013, with a market cap of $357.1 million.
- Robinhood Chain now accounts for 56.3% of Uniswap’s $1.6 billion in total trading volume, or $901.5 million.
- PONS generated $5.95 million in fees in one day, outpacing Solana’s pump.fun since August 29, and has burned 29.34% of its total token supply through buybacks.
- Uniswap’s own launchpad, Pools.trade, earned just $38,553 a day by August 31 compared with PONS’s $4.89 million.
Uniswap Labs Acquires PONS Token for Strategic Alignment
Uniswap Labs bought into PONS, the token tied to a crypto launchpad running on Robinhood Chain, and framed the deal as a way to deepen ties between the two protocols. Pons announced the move by saying Uniswap Labs had “purchased $PONS for long-term alignment,” language that suggests a strategic bet rather than a passive trade, though the company has not issued its own statement spelling out the rationale.
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