An Arkham-monitored wallet has transformed a $2,600 launch-day bet on PONS into more than $1.2 million in paper profits, underscoring the speculative surge around the Pons launchpad on Robinhood Chain. The trader, identified as @heylittlechef on X, bought PONS across four transactions on launch day when the token’s entire market capitalization was roughly $160,700.
As of the latest report, the wallet has realized $77,400 and still holds a PONS position worth about $1.08 million. Arkham’s data marks the trade at roughly a 500x return. Another address, 0x194, turned $44,300 into approximately $811,000 after entering at a $3.7 million market cap, while market maker Wintermute has accumulated around $3 million in PONS across multiple transactions.
PONS changed hands around $0.78 with a market capitalization near $552 million at the time of the report, after hitting an all-time high of $0.97 on September 5. The Pons launchpad generated $90.93 million in fees and $16.83 million in protocol revenue over the last 30 days, with lifetime fees above $118 million and DEX volume surpassing $1.5 billion, according to DeFiLlama data cited in the reports.
That activity helped Robinhood Chain record a $6 million single-day fee total on September 4. The token’s deflationary design adds to momentum: roughly 80% of Pons revenue is directed toward buybacks and burns. Founder Ozzy said more than $208 million worth of PONS had been destroyed at current valuations, reducing circulating supply to 699 million and shrinking every 15 minutes. Ozzy also rejected claims that Pons allows taxes to change after token launches, calling them simply wrong and blaming some trading terminals for routing orders through high-tax pools.
The broader Pons story reflects how Robinhood Chain has become a de facto meme-trading venue since its July 1 launch, with launchpad fees reportedly exceeding those of Circle, Pump.fun, Polymarket and Hyperliquid over the tracked period.
