POPA ReconHow it investigates

Pons (PONS) is the token of a launchpad on Robinhood Chain, and Bithumb's KRW listing gives it Korean-won trading, one of the largest retail venues for altcoins.

$PONS

Pons (PONS) is the token of a launchpad on Robinhood Chain, and Bithumb's KRW listing gives it Korean-won trading, one of the largest retail venues for altcoins

Bithumb's notice 1655215 (titled "폰즈(PONS) 원화 마켓 추가") was detected on 8 Oct 2026 at 02:56 UTC, with market cap quoted at about $263M. The listing feed says deposits open about 1h 42m after detection and trading starts at 06:00 UTC. The Bithumb notice page itself could not be read, so those times come from that feed.

What PONS is

Per the Pons site, it is a token launchpad on Robinhood Chain. Users launch a token in two steps and trade it on a bonding curve. The listing feed describes it as a non-custodial launchpad, launched in July 2026. The project's X account says Pons is "the home of memestocks", with pairs against ETH and Stock Tokens via Uniswap v4. On 7 Oct it claimed over $16.2B volume, all on Robinhood, and $6B in all-time Uniswap v4 hook volume. These are the project's own figures and are not independently verified.

Token numbers

GeckoTerminal shows total supply of 1,000,000,000 PONS, a price of about $0.415 and market cap of about $282M. Reported 24h volume is about $28.9M, and on-chain pool liquidity is about $9.3M. The deepest pools are on Uniswap v3 and v4 and Ramses, against WETH and USDG, for example this WETH pool with about $3.4M liquidity. The price rose about 10% in the hour before the data was read.

What the listing means

  • Korean retail can now buy PONS with won directly. Korean KRW listings often add buying pressure and volume around launch, but they do not guarantee a lasting price effect.

  • It is the latest in a run of listings. Coinbase announced trading on 7 Oct. Upbit announced KRW, BTC and USDT markets starting 14:00 KST (05:00 UTC) on 8 Oct, shortly before Bithumb's 06:00 UTC start.

  • PONS already trades on OKX, MEXC, Gate, KuCoin and Kraken, at about $0.417 to $0.418 with a spot spread under 0.4% (exchange quotes read 8 Oct). Bithumb arbitrage should therefore stay tight, though KRW markets can show a premium or discount to global prices.

  • The market cap in the alert (262.9M) is an auto-match and sits below the roughly $282M from live pool data. Treat it as approximate.

Caution

Pons lists every new launch openly, and its own page flags launches where creators exempted wallets from the snipe tax. Those tokens are early and illiquid, and PONS's exchange listings do not vouch for them. The data does not show holder concentration or team allocations for PONS.

Bithumb notice · Listing feed · Upbit notice · Pons site · Pons on X · DexScreener pool

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