News linked to both this project and an event.
DeFi analyst Jordi in Cryptoland posted on X stating that historical data shows Uniswap's activation of the Fee Switch did not weaken its competitiveness—its market share not only held steady but even increased. Before the fee switch was turned on, Uniswap accounted for 21% of total DEX trading volume; immediately after the switch was flipped, its share remained essentially flat; now, with the onboarding of the Robinhood channel, its share has risen to 31%.Today, Uniswap's value capture capability is also stronger. Protocol monthly revenue started from zero and has now stabilized at around $7.2 million. Compared to its multi-billion-dollar valuation, this figure is not particularly impressive (the P/E ratio remains above 40x), but with market share increasing by 10 percentage points while monthly revenue jumped from zero to $7.2 million, this is absolutely a massive milestone.
Odaily reports: According to on-chain analyst Aunt Ai, Robinhood (0x2ae...78ae) bought STANDARD at an average price of $0.18707 and is currently up $105,000, a 48.8% return. STANDARD is the seventh token it has actively bought, and its current on-chain holdings rank third, after PONS and CASHCAT, excluding stablecoins.
Odaily - Renowned trader Bonk Guy posted on X that the Robinhood Chain ecosystem is currently performing well. Investors who buy the dip now may reap substantial returns in the coming months. This is the phase to accumulate positions for the next rally, and the next upward move in the Robinhood Chain ecosystem is expected to be more violent than any previous one.
Odaily News: According to on-chain analyst Ai Yi, an address (0xC31...23fb) associated with early Ethereum contributor billΞ.eth withdrew 500,000 LIT from the Lighter protocol 2 hours ago, worth $2.07 million. Lighter is the Perp DEX built into Robinhood Wallet, and its trading volume has increased recently, with LIT up over 97% in the past month.
Odaily News: Crypto trader Bonk Guy posted on X platform responding to recent controversy surrounding his purchase of EMBER and explaining his position-building logic. Bonk Guy stated that he first noticed the project when EMBER's market cap was around $3 million but did not buy in. After observing for a day, he revisited his research due to the platform's rapid data growth and bought in from around a $7 million market cap all the way up to a $20 million market cap.Bonk Guy said that EMBER is a major Launchpad built on Meteora, supporting SOL, USDC, and over 150 tokenized stocks as pairing assets for token issuance. It utilizes Meteora Dynamic Bonding Curve technology and offers features such as token fee distribution, Daily Jackpots, and DAO governance.According to his disclosure, Ember has recorded approximately $51.7 million in trading volume, $561,000 in fees, and has cumulatively issued 2,041 tokens within 3 days of launch, with over 41,800 unique holder addresses and 149,000 Solana transactions. BonkGuy compared his Ember purchase to his previous PONS trade, noting that he first saw PONS when its market cap was below $1 million, similarly ignored it for a full day, and then started buying at around a $4 million market cap. Rather than whether a trending token has already emerged, what matters more is observing the real usage data underlying the Launchpad.Additionally, Bonk Guy stated that both Robinhood Chain and BNB Chain have multiple successful Launchpads, while Solana's Meme trading ecosystem has been developing for a longer time, so there is no reason to believe that Solana can ultimately only accommodate one successful Launchpad. He also stated that his trades are not based on market consensus. Some of his most successful trades in the past often came from discovering opportunities before the market formed a consensus; by the time everyone agrees, the asymmetric upside potential has usually already been significantly reduced.Regarding the recent controversy, Bonk Guy said that the claim of "EMBER having over 50% Bubblemaps address clusters" has been clarified by Bubblemaps; his earlier statement that Ember was "launched by Meteora" was also inaccurate—a more precise description is that Ember is built on Meteora-related infrastructure and has now been listed on Meteora's ecosystem page. Bonk Guy emphasized that he has no relationship with the Ember team, and EMBER is a personal trade for him.
Odaily reports: On-chain analyst Ai Yi posted on X that Donut AI CEO and founder Chris held PUMP for several months, accumulating profits exceeding $936,000. He also traded Robinhood trending tokens for 30 days, gaining over $130,000, with PONS reaching a market cap of $600 million at the time of his exit, which has since fallen back to $440 million.Chris also built a position in STONK at a low point when its market cap was $89 million. His unrealized profit is currently around $180,000, representing a return of over 170%. The token's current market cap is approximately $240 million.Chris stated that Robinhood is primarily an incremental game driven by new retail capital inflows, while Solana is a stock game of existing SOL capital rotating within the ecosystem. He is more bullish on the future development of the Solana ecosystem.
Prominent trader Bonk Guy (@theunipcs) announced in a post that the Robinhood Chain ecosystem protocol $PONS recorded a single-day revenue of $1.34 million today, with current annualized revenue at approximately $202 million, a market cap of roughly $434 million, and a buyback wallet balance of $3.7 million that continues to grow. The protocol will continuously repurchase $PONS tokens on the open market via TWAP.
Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.
Odaily News: Well-known trader Bonk Guy stated on platform X that PONS's daily revenue over the past week has mostly ranged from $1.3 million to over $2 million, with no single day in the last 7 days falling below $1.1 million. Meanwhile, PONS's buyback wallet has now accumulated nearly $3 million in funds for continuous buybacks of PONS via TWAP, and the replenishment rate from fee income is currently outpacing the rate of buyback fund consumption.In addition, PONS's market share on Robinhood Chain recently hit an all-time high of 80%, maintaining between 75% and 80% for most of the past week. Last Saturday, the number of tokens launched in a single day reached 28,560, and approximately 27,600 tokens were still launched in the past 24 hours. Bonk Guy believes that despite the cooling of Robinhood Chain's overall hype, PONS's market share, token issuance volume, and revenue continue to climb, indicating that its dominance in the on-chain launchpad sector has been further consolidated.
Binance Alpha 2.0 now supports trading, deposits, and withdrawals on Robinhood Chain. Limit orders and instant orders currently support USDT pairs. Additionally, Binance Alpha 2.0 has added tokens such as Cash Cat (CASHCAT), up (UP), Artificial Inu (AI), and Pons (PONS).
According to monitoring by on-chain analyst Yu Jin, in the 70 days since Robinhood Chain launched, total on-chain revenue has reached $42.58 million, equivalent to approximately 17,171 ETH, with an average daily revenue of about $608,000. Robinhood Chain accounts for 90% of the revenue, totaling 15,454 ETH (approximately $38.32 million), while Arbitrum, as the technology provider, receives the remaining 10%, amounting to 1,716 ETH (approximately $4.26 million).
Trader Bonk Guy (Unipcs) posted that he has long considered USELESS to be this cycle's equivalent to DOGE, SHIB, or PEPE, yet many continue to disregard it. He noted that South Korea's two major centralized exchanges, Upbit and Bithumb, listed USELESS just hours apart today, granting it a major new distribution channel from one of the world's key crypto markets. Bonk Guy further emphasized that attention should remain on whether USELESS will be listed on Hyperliquid, Robinhood, or Binance Spot next. He argued that instead of debating whether USELESS will emerge as this cycle's flagship memecoin, focus should shift to how high its price can potentially reach, as the underlying pattern is becoming increasingly clear. He also noted that investors can either accumulate USELESS now or wait until its market cap reaches several billion dollars, perceiving that stage as "safer".
Perp DEX PopDEX, built for real traders, has recorded over $1.7B+ in trading volume and an LP pool size of approximately $61 million during its Closed Beta phase. Meanwhile, the platform has completed three rounds of cash reward distributions covering traders, feedback contributors, and community builders; in the latest round, single-address rewards reached up to 3,300 USDT. As the hype surrounding Robinhood Chain and BNB Chain memes continues to grow, PopDEX has launched popular meme perps including PONS, CASHCAT, and MARSCOIN, and initiated the Meme Gang War trading competition to provide traders with additional reward pool opportunities beyond standard incentives.
Odaily News According to on-chain analyst Ai Yi's monitoring, a whale spent $194,000 over the past hour to purchase 4.013 million 4Stock tokens at a transaction price of $0.04833. This asset has now become its fourth-largest on-chain holding, and it is also the sixth target chosen after PONS, CASHCAT, fully exited positions in UNI, AAVE, and FORM. The whale opened a new FORM position yesterday, and FORM has risen 22% today.
: Cathie Wood has re-bought Robinhood (HOOD) after a 9-day pause, adding 28,589 shares via the ARK Innovation ETF on September 4, valued at approximately $3.5 million. She had previously sold 25,009 shares on August 26.Robinhood has been performing strongly recently, with its stock price climbing over 30% in the past month. During the same period, Bitcoin rose about 23% and is approaching $80,000. On September 4, Deutsche Bank raised its price target from $115 to $136, maintaining a "Buy" rating, driven by explosive growth in Robinhood Chain fee revenue — daily revenue jumped from under $200,000 in mid-August to over $3 million in early September. Deutsche Bank projects the annualized run rate will exceed $100 million.As of September 4, HOOD has become the seventh-largest holding in the ARK Innovation ETF, with a weight of 4.28%. During the same period, Wood also bought shares of Veracyte, Intellia Therapeutics, and the 3iQ Solana Staking ETF, while reducing positions in Tempus AI and Twist Bioscience.
Odaily News, DeFi researcher Ignas posted on X platform stating that the market appears to be showing signs of some on-chain funds rotating from the Robinhood ecosystem to Solana. Over the past 24 hours, tokens related to trading infrastructure in the Solana ecosystem have performed strongly, with RAY up 60%, JUP up 21%, ORCA up 12%, and MET up 13%. Additionally, cross-chain data shows that bridged funds on Solana have increased by approximately $18.8 million, while Robinhood Chain has decreased by approximately $47.8 million.Ignas believes that although the current bridge volume remains relatively small compared to the overall TVL, some traders may be taking profits on Robinhood ecosystem Meme coins and pivoting to buying trading infrastructure tokens on Solana to bet on a similar market trend.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a whale with total holdings valued at approximately $4.5 million is adjusting positions in Robinhood Meme and DeFi tokens. The whale has fully exited 156,500 UNI tokens, worth $1.077 million, securing a profit of $86,000; increased holdings by 402,000 PONS tokens, bringing the total position to 3.63 million tokens, valued at $2.99 million; and opened a first-time position of 355,200 FORM tokens, worth $94,000. Positions in AAVE and CASHCAT remain unchanged, with the total value of the four token holdings reaching $4.46 million.
Odaily News - Trader BonkGuy posted on X platform, stating that Robinhood Chain has previously seen multiple high-market-cap projects such as PONS, CASHCAT, and AI, with over a dozen projects surging to the $10 million to $100 million range.BonkGuy believes that market attention is further shifting toward BNB Chain, and MARSCOIN has already taken the lead in the BNB Meme/stock narrative. He noted that Binance has approximately 320 million users, and MARSCOIN has already been listed on Binance spot and perpetual contracts. Meanwhile, trading entry points such as fomo have lowered the barrier for Western users to participate in BNB Chain Meme trading. In addition, SAFEMOON, which was also born on BNB Chain two cycles ago, once reached a market cap of $17 billion, which can serve as a reference for the potential scale of BNB Meme when it truly takes off.
Odaily News – In response to today's "AMC CEO questions Robinhood over stock tokenization controversy," Backpack CEO Armani Ferrante posted on X, stating that he is a maximalist on tokenization but agrees that Aron's core concerns carry substantive weight: Robinhood's Stock Tokens are debt securities, not 100% backed by the underlying stocks. The funds used to purchase these tokens do not all flow into the actual stock market; instead, through an authorized participant redemption mechanism and partial cash/eligible financial instrument collateral, value leaks to intermediaries, which may lead to divergence between on-chain prices and the underlying shares. He noted in his remarks: "For every $1 a user spends on Robinhood's stock tokens to buy the corresponding stock, less than $1 actually flows into the real stock market."He also pointed out that proper tokenization should be strictly aligned with the stock market, achieving 1:1 stock backing, direct linkage to real market trading, and granting users full shareholder rights, thereby bringing more international capital inflows to listed companies. He also acknowledged that Robinhood Chain is one of the most exciting ecosystems in the crypto space recently, urging the industry to get tokenization right as it iterates.
Odaily News: According to the position information shared by trader LaserCat397, they hold MARSCOIN on BSC, currently showing unrealized profits of approximately $768,300, with a return rate of about 407.6%. Additionally, they hold the Meme coin MEME (A Meme Coin) on Robinhood Chain, with an initial investment of approximately $14,900. The current position value is around $368,300, yielding unrealized profits of roughly $353,400, representing a return rate of about 2367%.The two trades currently total approximately $1.12 million in combined unrealized profits.