Pons Surpasses Nearly $2.5 Billion in Monthly Trading Volume Within First Month, Burns Over $9 Million Worth of PONS

Odaily News Pons announced on the X platform that since its launch one month ago, the platform's cumulative trading volume has approached $2.5 billion, with over 290,000 tokens issued and more than $15 million in rewards distributed to token creators. Additionally, Pons allocates 80% of protocol revenue to buy back PONS, and has so far burned over $9 million worth of PONS, accounting for nearly 30% of the total token supply.

Furthermore, Pons expressed optimism about NFTs and their applications in combination with tokens, and is currently developing related products with two partners. In addition, Pons plans to open migration features for communities looking to conduct a CTO on Pons v1 tokens, as well as for projects hoping to migrate from Solana to Robinhood via Pons. Pons also stated that its iOS App has entered the testing phase.