$9 billion in cumulative DEX volume in under three weeks. That is the backdrop against which Pons is launching its V2 upgrade on Robinhood Chain, and the timing is no accident.
The new version swaps out the old launch model for an ETH-denominated bonding curve, plugs in Uniswap V4, and shifts creator payouts to ETH. More developers will no longer be locked into ETH as the only base asset. Custom trading pairs are coming, with tokenized real-world assets like USDG, NVDA, AAPL, and HOOD listed as examples in the announcement. That opens the door to token launches denominated directly against stock tokens, something that would have been a niche experiment on most other chains but fits neatly into Robinhood Chain's existing infrastructure of one-for-one share-backed securities.
Trading restrictions, a friction point under V1, are being restructured too. Going forward they will apply only to developer wallets. Every other wallet trades freely, which the team says should fix the failed transaction problem that plagued third-party trading apps under the earlier version.
The upgrade is scheduled for next week, though the contracts are still going through audits with two partners, so nothing is locked in until deployment. Pons said V2 was shaped largely by user feedback from the platform's first weeks, a period that also included several attacks the team had to work through with infrastructure partners.
The broader Robinhood Chain launchpad scene has been shifting fast. Noxa already exited, leaving more room for platforms like Pons to position themselves. FalconX data puts Robinhood Chain at roughly $431 million in total value locked and nearly $400 million in stablecoin market cap, with more than 80% of DEX activity still concentrated in a narrow set of pools.
This article is for informational purposes only and does not constitute financial advice or an investment recommendation.
