Pons, a non-custodial token launchpad on the Arbitrum-based layer-two Robinhood Chain, reported $950,000 in daily protocol fee revenue two months after its July 1, 2026, launch, outpacing platforms including Jupiter, Axiom and Polymarket. Its fee model charges 0.0005 ETH for token creation and a 1% swap fee, directs 80% of revenue to buybacks and burns, uses WETH fees to buy back PONS, and burns fees paid in PONS. The token’s market capitalization rose from $60 million to around $400 million in a week, while a separate Aug. 31 report said PONS gained 12.55% in one hour to reach $360.8 million. The burn-dependent structure could increase downside volatility if token issuance and trading volume decline sharply.