Activity on the Robinhood Chain network has shifted towards the token creation and trading platform pons.family. According to Dune, pons.family leads in trading volume, number of transactions, and number of active wallets.
Recall that Robinhood Chain was launched as a Layer 2 blockchain built on Arbitrum for hosting tokenized assets, DeFi, and blockchain-based financial products.
Currently, instead of tokenized financial products from startups, tokens based on launchers are in highest demand, and pons.family dominates in this sector.
According to Robinhood Chain data, Pons.family is the most active launcher. Per Dune, the 24-hour trading volume was $116.6 million with 1.68 million transactions, and the network has nearly 98,000 wallets.
In terms of trading volume, pons.family significantly outperforms competing launchers. Over the same period, Noxa traded around $8.7 million, and Bankr traded around $4.4 million.
pons.family has amassed over 2 million participating wallets among Launchpad platforms, and this is quite understandable. Users who are first introduced to a new platform typically choose it for fast token generation, speculative opportunities, and simple trading tools.
Tokens with the highest market capitalization in the network include Pons, $CASHCAT, TENDIES, and What If. The market capitalization of Pons is $56.9 million, and $CASHCAT is around $37.9 million.
Note that pons.family is expanding its primary token sales beyond one-off events. The company announced a planned upgrade, support for tokenized tokens, and the emergence of other trading pairs with the addition of Uniswap V4.
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