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      Pons Achieves Record $5.95 Million in Daily Fees on Robinhood Chain

      Pons, a token launchpad protocol, has set a new record by generating $5.95 million in fees in a single day on Robinhood Chain, the brokerage's Ethereum Layer-2 network. This achievement marks a significant milestone as Pons now produces more fee revenue than the Robinhood Chain itself, highlighting its rapid rise since launching on July 1, 2026.

      The protocol has quickly become a dominant player on the network, accounting for between 50% and 80% of all activity, depending on the day. Cumulative fees have exceeded $56 million within just two months of operation. Pons captured approximately $40.84 million in fees over the past 30 days, with a notable $5.34 million generated just days before the record day.

      Pons operates on a fee structure of 1% per transaction, with 70% going to creators and 30% to the protocol, which funds buybacks and burns of the native PONS token. Since its launch, around 27% to 29% of the total PONS supply has been permanently removed from circulation, contributing to its deflationary model. However, the sustainability of memecoin trading at this scale remains a topic of discussion as competition from lower-fee alternatives grows in the crypto landscape.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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