Pons hits record $5.95M in daily fees, surpassing Robinhood Chain itself

A token launchpad called Pons just generated $5.95 million in fees in a single day on Robinhood Chain, the brokerage’s Ethereum Layer-2 network. The protocol sitting on top of the chain is now producing more fee revenue than the chain itself. Pons, which launched alongside Robinhood Chain on July 1, 2026, has quickly become the dominant force on the network. It accounts for somewhere between 50% and 80% of all activity on the chain, depending on the day. Cumulative fees have blown past $56 million in roughly two months of operation. The numbers behind the surge The $5.95 million record came on September 1, following a $5.34 million day on August 30. Over the trailing 30-day window, Pons racked up approximately $40.84 million in total fees. Pons frequently captures more than 59% of all new token launches and trading volume on Robinhood Chain. The fee structure is a 1% trading fee on every transaction, split 70/30. Creators pocket the larger share, while the remaining 30% flows to the protocol itself, funding buybacks and burns of the native PONS token. That burn mechanism has been aggressive. Roughly 27% to 29% of the total PONS supply has already been permanently removed from circu...