Uniswap's New Launchpad Surpasses Rival Pons in Token Launches

Uniswap's new launchpad, Pools.trade, went live on Robinhood Chain on August 5th, charging no launchpad fee and creating 10,506 tokens that day against Pons' 7,210. In just one day, Uniswap's product outperformed Pons in daily token launches.

Uniswap Labs addressed the other launchpads within hours of the new product's launch, with founder Hayden Adams arguing that the 1% launchpad standard is where extraction happens. He stated that 'High spreads are how most launchpad extraction happens. The ultra-high 1% pool fee (aka 2% spread) is the primary method of extraction.'

Uniswap Labs' new product does not change its support for the launchpads already built on its protocol, according to Adams.

Pons recorded 7,210 token launches and $52.14 million in volume on August 5th, down 27% and 2% respectively from the day before. Uniswap Pools launched 10,506 tokens on August 5th and 11,610 more by roughly 16:40 UTC on August 6th.