Uniswap's new launchpad grabs half of Robinhood Chain's token volume on day one
DeFi & Yields ·
Pools.trade, a fee-free token-creation platform built on Uniswap's v4 protocol, has already captured roughly 50% of launchpad volume and 40% of new token launches on Robinhood Chain.
Uniswap rolled out Pools.trade this week as its own venue for spinning up and trading new tokens, positioning itself directly against existing launchpads on Robinhood Chain such as Pons, according to Decrypt. The launch itself was messy: users found and began trading through unfinished versions of the smart contracts before the interface went public, pushing more than $150 million in volume through them and forcing the team to keep both the early and final contract versions running while the official debut was delayed.
The platform's pitch centers on cost and lock-up mechanics rather than typical launchpad fees. Pools.trade charges nothing to launch a token, and every new pool comes with liquidity that is permanently locked. The 0.25% fee generated by that liquidity does not go to Uniswap; instead it compounds back into the locked pool, with 20% routed to the token's creator and 80% reinforcing the liquidity itself. Two launch modes are offered — a standard instant option and a "crowd launch" format intended to resist bundling, where insiders scoop up outsized allocations at launch.
Distribution came built in from the start, with support across Uniswap's web app, wallet, and trading API alongside third-party platforms including Bitget, Fomo, GMGN, and OKX Wallet, per CryptoPotato. Because Uniswap already functions as the default exchange on Robinhood Chain, Pools.trade effectively merges token creation and trading into a single pipeline on the same network — a zero-fee structure few competing launchpads can match, since Uniswap can draw revenue from other parts of its business while dedicated launchpad teams typically cannot.
The early market response has been immediate: Robinhood Chain has seen DEX volumes climb 50% off recent lows and daily transaction counts rise by a similar 50%, alongside Pools.trade's early share of launchpad activity. Separate activity on the chain has also picked up, with tokens such as Cashcat and Stonkbroker reaching $130 million and $50 million respectively as the network's momentum builds.
Pools.trade remains in beta, and it is not yet clear whether the platform will draw durable, higher-quality projects or simply add to the churn common among memecoin launchpads. Whether its zero-fee model and locked-liquidity structure can sustain the current market-share lead, rather than reflecting a short-term novelty effect, is the key question going forward.