Pons DEX drives Robinhood Chain to record $6M in daily fees as trading volume doubles, with PONS token up 200% weekly.
DeFi & Yields ·
Robinhood Chain has reached a record $6 million in daily fees, with the increase driven by activity on the Pons decentralized exchange as DEX volume doubled. The PONS token itself has surged over 200% in the past week, reaching an all-time high valuation exceeding $970 million on Friday.
The spike reflects broader momentum within the Robinhood Chain ecosystem, where Pons has become a key liquidity venue. The doubling of trading volume on the DEX correlates directly with the chain's fee milestone, suggesting sustained user engagement and capital deployment through the platform.
The extent of the price move remains notable given the token's one-week timeframe, though the sustainability of both the fee levels and valuation remains to be seen. No commentary from Pons or Robinhood Chain on future growth targets or broader ecosystem expansion has been provided.