Uniswap Labs has bought PONS, the token of the Pons memecoin launchpad on Robinhood Chain, deepening its relationship with an application that routes graduated tokens into Uniswap V4 pools. Robinhood Chain accounts for 56.3% of Uniswap V4 trading volume across networks, while Pons has recently become the highest-fee launchpad in crypto. Pons earned $5.95 million in fees over the past 24 hours and directed about 80% of protocol fees toward buying PONS. Neither party disclosed the number of tokens purchased, the price, timing, holding address or whether the tokens were bought on the open market or allocated. PONS rose 17.5% over 24 hours to $0.5013, with a $357.1 million market capitalization, after reaching a record $0.5242.