DeFi· ★★★· neutral·

Pons on Robinhood Chain logs 207,893 token launches and $2.14B post-graduation volume in 32 days

  • —207,893 launches and $736M in bonding-curve volume over V2's first 32 days, per Bitquery
  • —73,896 launches used tokenized stocks, commodities or wrapped bitcoin as reserves
  • —Alternative reserves accounted for $232M, nearly a third of curve turnover
  • —Pons overtook Pump.fun in daily protocol revenue on Sept 2 with $1.1M
Why it matters: Tokenized stocks are now a working reserve for token launches, though demand beyond the launch rush remains unproven.
Source: CoinGecko Learn