Alex 
Pons, an app that lets anyone create and trade a token on Robinhood’s new blockchain, generated nearly $6 million in fees over the past 24 hours, vaulting it into the top tier of crypto’s fee-generating protocols as memecoin activity surged across the network.
Users paid about $5.95 million in fees through Pons over the past 24 hours, according to DefiLlama. That ranked Pons fourth by 24-hour fees among protocols tracked by the data provider, behind only Tether, Uniswap and Circle, and above Pump at $4.64 million.
Robinhood Chain itself took about $4 million and perpetuals trading powerhouse Hyperliquid about $2 million, the data shows.
The surge highlights an unexpected source of activity for Robinhood Chain. The network launched in July with tokenized stocks as a flagship product, but memecoins and other user-created tokens are now generating some of its heaviest usage and fee activity.
Nearly 25,000 new tokens were launched through Pons on Sept. 2, up almost 19% from Tuesday, while 24-hour trading volume reached $544 million. Since July, the platform has produced about 646,000 tokens from more than 167,000 unique creator addresses, data show.
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