Uniswap Launches Pools.trade Token Launchpad on Robinhood Chain

Uniswap has launched Pools.trade, its first token launchpad, on Robinhood Chain. The move expands Uniswap's role beyond a decentralized exchange to include the creation and trading of new tokens through a single interface.

The rollout has generated significant interest in Uniswap's native token, UNI, with traders flocking to early launchpad tokens like FRONG and POOLS. As noted by Santiment, the debut of Pools.trade has pushed competing Robinhood Chain launchpad tokens under pressure, with some experiencing significant declines.

According to Santiment, on-chain data for UNI is strengthening, with exchange balances falling 15.7% over the past month and the token climbing roughly 47% since July. The total market cap of the top coins launched on Pons has dipped by more than 12% in the last day.

The launch of Pools.trade builds on Uniswap's existing position as Robinhood Chain's primary automated market maker, with multiple versions of Uniswap supported alongside UniswapX. As reported earlier, Robinhood Chain has become the largest blockchain by real-world asset holder count.