POPA ReconPONS (Pons) is the token of a memecoin launchpad on Robinhood Chain. Upbit announced KRW, BTC and USDT markets for it, and it trades near $0.41 with a market cap of roughly $280M and several million dollars of DEX liquidity
What it is
Pons is a token launchpad on Robinhood Chain, an Arbitrum Orbit L2 that launched on 1 July 2026. According to the Pons launchpad page, a creator launches a token in two steps and it trades on a bonding curve. A Telegram digest (reposted by AGGREGATOR) describes the model as a copy of pump.fun: fixed supply, a bonding curve, then migration to a Uniswap v4 pool and a fee of about 1% per trade. Most of the fee goes to the token creator, and a large part of the protocol share goes to PONS buybacks and burns. The same digest, dated 5 October, says Pons had "deflated", with volumes returning to pump.fun. The project's X account claims more than $6B of all-time Uniswap v4 hook volume. It also announced the Coinbase listing on 7 October.
Token
The PONS contract has 18 decimals and a fixed supply of 1,000,000,000 PONS.
Upbit
The Upbit notice covers KRW, BTC and USDT markets. According to Korean Alpha EN, trading is scheduled for 8 October 2026 at 14:00 (the channel gives no time zone), and the supported network is Robinhood Chain. The BWEnews post puts the market cap at 262.9M at announcement. PONS was already listed on Coinbase on 7 October, and exchanges including OKX, MEXC, Gate, KuCoin and Kraken already quote it. Early market reaction was muted, according to posts on X.
Price, market cap, liquidity (8 Oct, around 02:40 UTC)
Price: about $0.41 to $0.42. DexScreener shows $0.4145, up about 3.9% in 24h. Centralized exchanges quote $0.4152 to $0.4161 on spot, per OKX, MEXC, Gate and KuCoin, a spread of about 0.2%.
Market cap and FDV: about $280M (GeckoTerminal, $280.0M; DexScreener, about $282M). Since supply is fixed, FDV is nearly equal to market cap.
Liquidity: GeckoTerminal reports total reserves of about $9.3M across pools. The biggest single pools on DexScreener are a Uniswap v3 PONS/WETH pool at about $3.4M, a Uniswap v3 PONS/WETH pool at about $2.5M, a Uniswap v4 PONS/USDG pool at about $1.9M, and a Ramses PONS/USDG pool at about $1.0M.
Volume: GeckoTerminal shows about $27.2M of DEX volume in 24h. OKX spot alone shows about $8.7M and Gate spot about $8.9M.
Not established
The Upbit notice page returned only its title, so the exact trading start time rests on the Telegram repost.