Uniswap Labs, developer of decentralized exchange Uniswap, purchased PONS, the native token of Pons, a non-custodial memecoin launchpad on Arbitrum-based layer-two Robinhood Chain, for long-term alignment. The purchase size was not disclosed. An earlier announcement identified the asset only by Ethereum address 0x07f5b6823751c2e2cd4560f28af75ff887102241, while a newer announcement named it PONS; the sources did not establish whether the addresses represent an earlier representation, a holding address or separate assets. Pons feeds tokens graduating from bonding curves into Uniswap V4 pools while competing with Uniswap's Pools.trade launchpad. Robinhood Chain represented 56.3% of Uniswap V4's $1.6 billion in 24-hour volume, or $901.5 million. On Sept. 4, PONS rose nearly 50% while trader Loracle's $11.3 million short showed a $2 million unrealized loss, according to Arkham monitoring cited by PANews.