Uniswap Labs launched its Pools launchpad on Robinhood Chain on Aug. 5 and surpassed Pons in daily token launches on its first day, with 10,506 tokens launched versus 7,210 for Pons. Uniswap’s launchpad charges a 0.25% pool fee with no launch fee, compared to 1% for Pons, a difference that has sparked criticism about competition between the protocol and applications built on top of it. The PONS token fell 49.1% over the week to trade at $0.0213, with a market capitalization of $15.92 million. Total volume on Robinhood Chain reached $665.9 million, while Uniswap v4 generated $315.7 million in volume on Aug. 6, surpassing Uniswap v3 on that chain for the first time.
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