POPA ReconHow it investigates

Pons (PONS), the token of the Pons launchpad on Robinhood Chain: Upbit has already opened trading and Bithumb is due to follow at 06:00 UTC on 8 Oct 2026.

$PONS

Pons (PONS), the token of the Pons launchpad on Robinhood Chain: Upbit has already opened trading and Bithumb is due to follow at 06:00 UTC on 8 Oct 2026

What PONS is

Pons is a token launchpad on Robinhood Chain, and PONS is its own token (contract 0x39db…4571). The project's X account calls it "the home of memestocks", with pairs against ETH and Stock Tokens via Uniswap v4. DropsTab records the launch on 15 July 2026 and lists no disclosed funding, vesting or team allocation, so insider holdings can't be assessed. Max supply is 1B PONS. Per GeckoTerminal, the price is about $0.4255, market cap about $289M, 24h volume about $29.8M and pool liquidity about $9.3M. The project says it has over $16.2B volume, all on Robinhood. That is the project's own claim and is unverified.

Upbit

  • Upbit announced KRW, BTC and USDT markets for PONS at 14:00 KST (05:00 UTC) on 8 Oct. The notice was detected at 02:37 UTC. Per Korean Alpha, the network is Robinhood Chain.

  • Trading is live. The Upbit KRW price was 584 KRW, about $0.429, at 05:06 UTC. 24h KRW volume was about 6.4B KRW.

  • A post by Coiniseasy claims a 1.56% kimchi premium at the open. Quotes read at 05:06 UTC show a spot spread of about 0.76% across OKX, MEXC, Gate, KuCoin, Upbit and Kraken, with prices of $0.4259 to $0.4291.

Bithumb

  • Bithumb's notice 1655215, "폰즈(PONS) 원화 마켓 추가", was detected at 02:56 UTC. The KRW market starts at 15:00 KST (06:00 UTC), as Korean Alpha reports. Deposits and withdrawals open within 2 hours of the notice, the network is Robinhood Chain and the reference price is 521 KRW.

  • Bithumb's market is not yet live in the 05:06 UTC quotes.

  • The market cap of $262.9M in the alerts is an auto-match, flagged by the alert bots themselves as possibly wrong. It sits below the roughly $289M from pool data.

Context

  • Coinbase trading was announced on 7 Oct. PONS also trades on OKX, MEXC, Gate, KuCoin and Kraken, including perpetuals.

  • Reaction is mixed. XPnftclub says the price jumped about 10% on the Upbit news but momentum is weak, with heavy overhead supply. Proxonchain says two new wallets gathered about 3.5M PONS, around 60% swept from Upbit deposit addresses. Proxonchain reads this as Upbit setting up its own wallets, not whale buying. The same post puts the price about 57% below the September high of $0.97. These are third-party claims, not verified on-chain.

  • Korean listings often bring a short volume spike, but they don't guarantee a lasting price effect.

Upbit notice · Bithumb notice · Pons on X · Pons site · GeckoTerminal · DropsTab

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