Pons is a token launchpad built on Robinhood Chain. A launchpad gives people the tools to create and release a new crypto token. Pons handles the token contract and its first trading pool, so the creator does not need to write code.
The platform is non-custodial. This means Pons does not hold a user's funds. Each action is approved through the user's own wallet and recorded onchain.
Robinhood Chain is a new Ethereum Layer 2 built using Arbitrum technology. It processes activity faster and at lower cost than Ethereum, then sends its final records back to the main network. Robinhood built the chain for financial apps and tokenised real-world assets, including tokens linked to shares or government bonds.
PONS is the launchpad's token. It was created through an earlier version of the Pons system in mid-July 2026. The token has a fixed original supply of one billion PONS.
A new token needs two things before it can trade. It needs a set supply, and it needs liquidity. Liquidity is the pool of assets that allows people to exchange one token for another.
The first version of Pons creates a token and opens a Uniswap V3 pool in one blockchain transaction. Uniswap is a decentralised exchange, which means trades are handled by computer code rather than a company matching orders. The new token's liquidity position is then locked.
Pons V2 uses a bonding curve during the early stage of a launch. A bonding curve is a formula that adjusts the exchange rate as more tokens move in or out of the pool. It gives a new token a way to trade before a larger liquidity pool exists.
Tokens that attract enough liquidity can graduate into a permanent Uniswap V4 pool. Graduation only means the launch reached the required onchain threshold. It does not mean the project passed a review or that the token has lasting value.
That simple process has led to a large number of launches. More than 476,000 tokens had launched on Pons by early September 2026.
Tokens launched on Pons each day (source)
The low barrier to entry is the main feature of the platform. It is also one of its largest risks. Names, symbols and images can be copied, while automated accounts can create large numbers of tokens at little cost.
PONS does not represent ownership in Pons Labs or Robinhood. Its main link to the launchpad comes from the fees collected when tokens created through Pons are traded.
For launches made through the current first-generation factory, token creators receive 70% of the available liquidity fees. The Pons protocol receives the other 30%. Pons says 80% of its share is being used to repurchase PONS and remove those tokens from circulation through a process called burning.
Burning means sending tokens to an address that nobody can normally access. Once they arrive, those tokens are treated as permanently removed from circulation.
Daily fees have picked up in recent weeks. That matters for PONS because the protocol funds its repurchases from its share of those fees.
Daily fees generated by Pons (source)
By early September, the burn address held approximately 293.8 million PONS, representing 29.4% of the original supply.
Cumulative PONS supply sent to the burn address (source)
This process gives platform fees a direct connection to PONS supply. More launchpad activity can provide more funds for repurchases. A smaller supply does not create demand on its own, and Pons states that the current 80% allocation can still change.
Pons has secured an early place in one of crypto's newest networks. Its simple launch process may attract creators who already use Ethereum wallets and tools. The fee-funded PONS burns also create a clear link between platform use and token supply.
pump.fun made simple token creation popular on Solana. A person can create a token, open it for trading through a bonding curve and move it into a larger PumpSwap pool if it graduates. Pons applies a similar idea to Robinhood Chain.
The main differences sit underneath the interface. pump.fun runs on Solana and commonly uses SOL or USDC as the paired asset. Pons runs on an Ethereum Layer 2, uses ETH or other supported paired tokens, and moves graduated launches into Uniswap pools.
pump.fun also has a much longer operating record and a wider set of tools built around it. Pons remains an early project on a new network. Its large number of launches shows interest in the format, but not the same level of proven demand.
The platform still has very little history. Its smart contracts, fee model and user activity have not been tested across a long period or a weaker crypto market. The repurchase allocation can change, while growth on Robinhood Chain may not lead to lasting use of Pons.
Permissionless launches carry another risk. Locked liquidity can stop a creator from removing that pool, but it cannot prove that a token is useful or honestly promoted. Copied symbols, thin liquidity and automated launches can make it difficult to tell genuine projects from short-lived ones.
PONS also gives holders no stated ownership in Pons Labs and no legal claim on its revenue. Its role depends on the launchpad continuing to generate fees and maintaining the repurchase program.
Pons has shown that the pump.fun model can attract activity on Robinhood Chain. The stronger test will be whether graduated tokens keep trading and whether the platform produces steady fees after the network's first wave of attention fades.
PONS is linked to that activity through token burns, not ownership in the business. Its future role depends on continued platform use and a burn policy that the team can still change.