Uniswap Labs' launchpad passed Pons on daily token launches within a day of opening on Robinhood Chain, according to onchain data, taking the lead from a product that settles every trade on Uniswap's own automated market maker.
Uniswap now runs a product in the same category as applications built on top of it. Pons launched its first version on Uniswap v3, upgraded last week to a Uniswap v4 hook, and was named by Uniswap in its own launchpad aggregator six days before pools.trade opened. The move raises the debate on the relationship between protocols and the applications that build on top of them.
Pools.trade went live shortly after 5 p.m. ET on Aug. 5 and Uniswap announced it at 6:49 p.m. ET. It charges no launchpad fee. Each token opens a Uniswap v4 pool with a 0.25% LP fee that autocompounds into liquidity the creator cannot withdraw, and creators can switch on an optional cut of 0.05% of that 25 basis points. Uniswap's post describes this as "a fraction of the standard ~1% on other launchpads."
Pons charges a 1% pool fee, splits it 70% to the creator and 30% to the protocol, and spends 80% of the protocol's share on automated PONS buybacks. It also takes a 0.0005 ETH launch fee, according to its documentation.
