Pons, a token launchpad on Robinhood Chain, has now burned 330 million $PONS tokens, equal to a third of the fixed supply of 1 billion. At the current price, the destroyed tokens would be worth about $47 million. The project is live on Robinhood Chain (@RobinhoodCrypto).
How the Pons Burn Is Funded
About 224 million of the burned tokens came from buybacks paid for with launchpad fees, at a cost of nearly $24 million. The Pons Treasury continues to buy on the open market, and more than 650,000 PONS were burned over the past week.
The mechanism is built into the protocol's fee model. For launches made through the current first-generation factory, token creators receive 70% of the available liquidity fees, while the Pons protocol receives the other 30%. Pons says 80% of its share is used to repurchase PONS and remove those tokens from circulation through burning. The cycle is simple: trading activity generates fees, fees fund PONS purchases, and the purchased tokens are burned.
Burned tokens are sent to a dead address. According to DataWallet's overview of the project, purchased tokens are transferred to the dead address, permanently reducing circulating supply.
Burn Progress and Market Context
The latest figure marks steady progress. By early September, the burn address held approximately 293.8 million PONS, representing 29.4% of the original supply. A separate update in October put the total at roughly 268 million tokens in the burn wallet in an earlier snapshot, leaving an effective supply of around 732 million , which shows how quickly the total has grown since the token's launch. The PONS token was launched on July 13, 2026 on Robinhood Chain with a fixed supply of 1 billion tokens.
Robinhood Chain itself is relatively new. Robinhood launched the public mainnet of Robinhood Chain, an Ethereum Layer 2 network built using Arbitrum's tech stack. The mainnet went live on July 1. Pons has since become one of the network's largest applications. The team reported that more than 63% of Robinhood Chain launchpad volume over a 24-hour period flowed through its platform.
Analysts caution that the burn model depends on continued activity. A decline in speculative demand could mean fewer launches, less trading, lower fees, weaker token accumulation and a slower burn rate. Another guide notes that PONS is linked to platform activity through token burns, not ownership in the business, and a burn policy that the team can still change.
The burn does not guarantee a price effect. The impact of the buyback and burn mechanism on price still depends on market demand.
Sources
CoinSpot: Pons (PONS), A Token Launchpad Built on Robinhood Chain
The Block: Robinhood Chain Goes Live on Mainnet
Robinhood Newsroom: Robinhood Chain Mainnet Announcement