PONS REVENUE COLLAPSED 88% â AND ITS BUYBACK ENGINE IS LOSING STEAM
Robinhood Chainâs launchpad went from nearly $2M in daily revenue to about $240K.
Thatâs an 88% drop in roughly three weeks, based on the figures shared from Blockworks.
PONS had surged through late August and early September, briefly generating around two-thirds of revenue across PONS, STONK and PUMP.
Now the rankings look very different:
* PONS: ~$240K daily revenue on September 25
* STONK: ~$900K â more than 3x PONS
* PUMP: ~$1.4Mâ$1.7M daily over the past 10 days
Thereâs another pressure point: around 80% of PONS fees reportedly go toward buying back and burning the token.
When revenue falls, that buyback flow falls with it.
Robinhood Chain revenue has also dropped from its early-September peak, while the gas-fee subsidy is scheduled to end September 29. A competing Uniswap launchpad adds another variable.
The key test now is whether PONS can recover above $1M in daily revenue and sustain it after the subsidy ends.
Can PONS rebuild its momentum, or was early September the peak?
#PONS #RobinhoodChain
Robinhood Chainâs launchpad went from nearly $2M in daily revenue to about $240K.
Thatâs an 88% drop in roughly three weeks, based on the figures shared from Blockworks.
PONS had surged through late August and early September, briefly generating around two-thirds of revenue across PONS, STONK and PUMP.
Now the rankings look very different:
* PONS: ~$240K daily revenue on September 25
* STONK: ~$900K â more than 3x PONS
* PUMP: ~$1.4Mâ$1.7M daily over the past 10 days
Thereâs another pressure point: around 80% of PONS fees reportedly go toward buying back and burning the token.
When revenue falls, that buyback flow falls with it.
Robinhood Chain revenue has also dropped from its early-September peak, while the gas-fee subsidy is scheduled to end September 29. A competing Uniswap launchpad adds another variable.
The key test now is whether PONS can recover above $1M in daily revenue and sustain it after the subsidy ends.
Can PONS rebuild its momentum, or was early September the peak?
#PONS #RobinhoodChain
