Ave.ai has added support for PONS contract trading, with leverage of up to 3x, according to Odaily. The listing comes as activity around the Robinhood Chain ecosystem remains elevated, with Pons, a leading launchpad in that ecosystem, recording more than $2.85 billion in trading volume about one month after launch. At its peak, Pons accounted for more than 63% of daily trading volume share. PONS is the platform token of Pons Launchpad, and its value is directly tied to trading activity on the platform and protocol revenue. Pons said it allocates 80% of protocol fees to buy back and burn PONS. So far, about 290 million tokens have been burned, equal to roughly 29% of the initial total supply. The update links a new derivatives trading venue on Ave.ai with token economics that are tied to platform usage and fee generation.
According to Odaily, Ave.ai has listed the $PONS contract trading pair and is currently offering leverage of up to 3x.
Activity across the Robinhood Chain ecosystem is still running hot. Pons, one of the main launchpads in that ecosystem, has produced more than $2.85 billion in trading volume about one month after launch, and at its high point, its share of single-day trading volume went past 63%.
PONS is the platform token for Pons Launchpad. Its value ties directly to trading activity on the platform and to protocol revenue. Pons uses 80% of protocol fees to buy back and burn $PONS. So far, about 290 million tokens have been burned, equal to roughly 29% of the initial total supply.
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