What happened
The new Arbitrum-based network has entered the ranks of leaders in DEX trading volume, and Pons has become the largest recipient of launchpad fees.
Why it matters
The result shows the scale of activity around a young network, but without additional data it is not possible to determine whether this spike is sustainable.
Robinhood Chain, the Arbitrum-based network, ranked second among all blockchains by DEX trading volume over 24 hours, reaching — $1,49 billion. At the time of publication the network was about two months old; by this metric it surpassed Ethereum, BNB Chain and Base.
The meme coin launchpad Pons, operating in this ecosystem, took almost three times more fees than pump.fun. According to The Defiant, two thirds of launchpad fees went to Pons.
For the market this signals that the new network is already attracting significant speculative activity and competing with more mature ecosystems. But the source does not disclose the methodology for calculation, the absolute size of Pons' fees, or the duration of the spike.
Confirmed facts
- Robinhood Chain — a network based on Arbitrum, which at the time of publication was about two months old.
- In 24 hours Robinhood Chain ranked second among all networks by DEX trading volume, reaching $1,49 billion.
- According to the indicated metric, Robinhood Chain surpassed Ethereum, BNB Chain and Base.
- The meme coin launchpad Pons took almost three times more fees than pump.fun.
- Two thirds of launchpad fees were on Pons.
- The information was published by The Defiant in an independent feature; available corroboration is limited to the synopsis of the source metadata.
Context
Source: The Defiant, 1 September 2026 year. The package includes one independent source and only its brief synopsis, without the full text of the material.
What remains unknown
- How exactly was the volume of $1,49 billion calculated and for what exact period?
- What are the absolute sums of Pons and pump.fun fees?
- Did the Robinhood Chain result hold after the indicated 24-hour period?
- What share of volume was contributed by memecoins and the largest markets?
Editorial context
Confidence: medium
Likely consequence — increased attention to Robinhood Chain and competition among memecoin launchpads. The next observable signal will be whether leadership of the network repeats or fades in subsequent daily rankings. Significant uncertainty is due to lack of methodology for calculation and data on the duration of activity.