PONS, the token associated with the Pons launchpad on Robinhood Chain, reached a record market capitalization of $850 million on Sept. 5 after gaining 26.23% in 24 hours, with trading volume of $108 million, according to GMGN data cited by BlockBeats. The move followed Uniswap Labs' undisclosed purchase of PONS, which Pons said would reinforce long-term alignment; neither side disclosed the token amount, price, transaction value or whether the purchase was made on the market or through a direct allocation. Pons supports fixed-supply token issuance, uses bonding curves before moving graduated liquidity to Uniswap, and directs fees toward PONS buybacks and burns. The platform reported $5.95 million in one-day fees, $28.83 million over seven days and $40.84 million over 30 days, while saying 29.34% of supply had been burned and about 80% of protocol fees supported buybacks and additional burns.