Trading on Robinhood Chain has remained hot in recent sessions, with a number of tokens moving from small-cap levels to valuations in the millions, and in some cases tens of millions of dollars, within hours. For users who did not spend their time sitting on-chain hunting early meme launches and missed low-entry positions, Odaily asked a narrower question: which projects have already built a recognizable narrative and some level of community consensus, and may still offer what traders describe as a second entry?
The publication then reviewed the most discussed tokens above the $10 million market cap mark across Pons and Long.xyz, two of the busier token launch platforms on Robinhood Chain.
Projects launched on Pons
PONS: platform revenue close to $1 million a day
According to GMGN data cited by Odaily, PONS rose sharply over the past week and a half, climbing from a $35 million market cap to nearly $500 million before pulling back to about $440 million.
PONS is the platform token of pons rather than a meme coin. For tokens issued under the new Pons contract, trading fees are split 70% to creators and 30% to the protocol. Under the older version, the split was 90% and 10%. Of the fees retained by the protocol, 80% are used to buy back and burn PONS on the market, while the remaining 20% go to infrastructure and team operations. Odaily said 29% of total PONS supply has already been burned.
DefiLlama data showed Pons generated $950,000 in revenue over the past 24 hours, ahead of Uniswap at $580,000 and Flap at $350,000, placing the protocol seventh in revenue rankings.
HMM: turning trader hesitation into a “thinking cat”
GMGN data showed HMM fell back to a $7 million market cap on Aug. 18, then moved higher in a choppy climb to above $39 million before easing to $21 million.
HMM is a cat-themed meme coin launched through Pons. Its name comes from the “Hmm...” sound people make when they are thinking or hesitating. The project turns the repeated back-and-forth that traders go through before placing an order into a “thinking cat,” while the community has pushed the phrase “Billions will think.”
Odaily said the token began as a test launch by the developer of Wire Bot and even carried the note “Test launch, NFA, Don’t buy” at release. It was later taken over and continued by the community.
DELTA: a liquidity management tool for Robinhood Chain
According to GMGN data, DELTA started from a $2 million market cap on Aug. 24 and then climbed steadily to above $38 million before retreating to $18 million.
DELTA, or Delta Liquidity, is not a meme coin. Odaily described it as the platform token of a liquidity management protocol on Robinhood Chain. Users can use Pools to set price ranges and create or manage on-chain liquidity positions themselves. They can also deposit LP tokens or single-sided assets through Stakes, with the protocol handling position construction and distributing real trading fees pro rata.
Rewards are paid in WETH rather than through newly issued token subsidies. Project teams can also use Router to convert part of the fees into liquidity on a preset schedule.
microduck: an open-source robot duck tied to the NVDA stock narrative
GMGN data showed microduck trading in a market cap range of $10 million to $25 million over the past week, with the token last quoted at $20 million.
microduck is a meme coin whose narrative came from MicroDuck, an open-source biped robot released on Aug. 27 by Pollen Robotics, a unit of Hugging Face. The robot duck is priced at about $399, stands roughly 25 centimeters tall, can walk and roller-skate, and can get back up after falling.
Because the product launch coincided with reports that NVIDIA would acquire Hugging Face, the community combined robot duck, AI robotics and NVIDIA into a single microduck narrative. Odaily noted that the token has no official relationship with Hugging Face, Pollen Robotics or NVIDIA.
microduck follows the typical “stock plus meme” setup seen in Pons V2. It launched against tokenized NVIDIA stock NVDA on Robinhood Chain, creating a microduck/NVDA pair. After graduation, it also moved into Uniswap V4, where major pools now include microduck/USDG.
YOLO: WallStreetBets culture brought onto Robinhood Chain
According to GMGN data, YOLO rose from a $4 million market cap on Aug. 24 to more than $21 million before pulling back to $12 million.
YOLO is a meme coin named after “You Only Live Once.” Its core narrative draws from the all-in mentality, diamond hands language and one-life culture associated with WallStreetBets. The project uses classic WSB slang such as diamond hands, apes, full-port positions and tendies, and adds a small game in which users hold down a button to let a virtual position rise and release it to cash out.
Projects launched on Long.xyz
AI: a stock-paired meme coin tied to NVIDIA
GMGN data cited by Odaily showed AI climbed from a $20 million market cap on Aug. 24 to above $320 million before easing back to $250 million.
AI, short for Artificial Inu, is a stock-paired meme coin issued through Long.xyz. The name combines artificial intelligence with the familiar “Inu” meme-coin suffix. Instead of using ETH or a stablecoin as the base pair like many meme coins do, AI trades directly against tokenized NVIDIA stock NVDA on Robinhood Chain, linking AI, NVIDIA and dog-coin culture in one structure.
As AI trading volume grew, Long.xyz began using platform fees, revenue from the AI pairing model and part of the fees generated by the LongX leveraged product to buy back, lock up or burn AI. Odaily wrote that this gradually shifted AI from a meme coin launched on the platform into a key value-capture token inside the Long.xyz ecosystem.
At the same time, AI does not represent NVIDIA equity, and the NVDA accumulated in the treasury cannot be redeemed pro rata by holders.
BONER: a direct adult pun built on a men’s health stock
According to GMGN data, the article said the market cap for RYOLO in the BONER section suddenly surged on Aug. 31, rising from less than $4 million to nearly $90 million, a gain of more than 50x in a single day, before pulling back to $53 million.
BONER is a stock-paired meme coin launched through Long.xyz, with its main pool paired against tokenized Hims & Hers stock HIMS. Hims & Hers focuses on areas including men’s health and ED treatment, while “Boner” itself carries an obvious sexual meaning, creating a natural wordplay between the token name and the company’s business.
What drew more attention, according to Odaily, was that buying pressure at one point locked more than half of the on-chain circulating HIMS supply into the BONER/HIMS pool. During the weekend, when the New York Stock Exchange was closed, on-chain HIMS supply could not be replenished quickly through fresh minting and arbitrage. That pushed the tokenized price from roughly $28.84, the U.S. stock market close on Friday, to $132.64. Once U.S. equities reopened, market makers minted more tokens to restore liquidity and the premium disappeared quickly.
Odaily wrote that the idea of BONER “shorting” or “squeezing” Wall Street was mostly a meme narrative. In the article’s account, what actually happened reflected limited inventory in on-chain stock tokens and a temporary breakdown in arbitrage during the market closure, without a clear impact on HIMS shares on the NYSE.
SPACEHOOD: a stock-paired meme coin riding SpaceX attention
GMGN data showed SPACEHOOD rose to above $30 million before retreating, later falling as low as $10 million and last trading around $16 million.
SPACEHOOD is another stock-paired meme coin issued through Long.xyz. Its main pool is paired with tokenized SpaceX stock SPCX, and its narrative centers on SpaceX, commercial space themes and Elon Musk-related attention. Odaily added that while community promotion has included claims of endorsement, it is not an official SpaceX or Musk project and does not represent SpaceX equity.
Related items cited in the original article
- “PONS is nearing $1 million in daily revenue and up 5x in a week — how much farther can it run?”
- “Another nine-figure meme emerges on Robinhood Chain as stock-paired memes feed back into RWA”
The original piece was published by Odaily and credited to Asher.