
Revenue behind $PONS is up 40% on the two days before, and the buybacks follow it. Protocol revenue was $114.3K over the last two days, up 40% on the two before. The buyback contract burned 265,402 $PONS, about $72.6K, in the last 48 hours. At this pace, that means $254K to $400K of buy-and-burn over the next 7 days by our estimate, 936K to 1.47M $PONS at $0.271. Robinhood Chain did $748M of DEX volume in 24 hours, and Pons V2 is its #2 fee earner behind Uniswap V4. $PONS sits at $182M, 72% under its high. $PUMP's $1.9B cap is 10.6x that. Desk is long $PONS, disclosed.
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- price read from Uniswap v3 pool 0x10cc6b…26ba at block 100778437
- ETH priced in USDG at Uniswap v3 pool 0x52e65b…71ca
- 328,174,895 PONS at burn addresses not counted in supply