PONS, Robinhood Chain’s token launchpad, briefly exceeded $500 million in market capitalization, setting a record, while trader 0xe3b...aB62 opened a 4x leveraged long position in the token after depositing $54,000 into Aster DEX (decentralized exchange). The trader bought 447,100 PONS in a position valued at $226,000, which showed an unrealized profit of $8,600, or a reported 15% return, according to Lookonchain monitoring cited by Odaily. Separately, an address that bought PONS 49 days earlier spent $113,700, later sold $117,100 after the token reached a $100 million market value and retained tokens worth $4 million, representing a reported 35-fold paper return. PONS previously reported $4.54 billion in volume in under two months and accounted for 59% of Robinhood Chain launchpad activity on Sept. 1, according to Dune data.