Uniswap Labs buys PONS as Robinhood Chain fees surge
bitcoinethereumnews.com reports that Uniswap Labs purchased PONS, the token of the Robinhood Chain launchpad, to deepen its relationship with the project. The acquisition coincided with PONS reaching an all-time high above $0.52 and generating $5.95 million in daily fees. Pons described the transaction as being for "long-term alignment," though specific details regarding the amount paid or the holding address were not disclosed.
The token climbed 17.5% over 24 hours to $0.5242, with a market capitalization of $357.1 million. This move strengthens Uniswap's position in an ecosystem where Robinhood Chain now leads Uniswap V4 trading volume. Uniswap V4 processed $1.6 billion across chains, with Robinhood Chain contributing $901.5 million, or 56.3% of the total.
Pons launched on July 13 and deployed V2 contracts on August 3, linking graduated tokens to Uniswap V4 liquidity pools. The platform has out-earned Solana’s pump.fun in daily fees since August 29. Approximately 80% of Pons protocol fees are directed toward purchasing the native PONS token.
How the market reacted
Whalio's own Binance spot order flow for UNI, measured when this story was written up on 4 September 2026. Not the outlet's figures.
UNI is currently trading at $6.33 on Binance spot markets. Over the last hour, the buy ratio stands at 40.1%, while the four-hour buy ratio is 45.4%, indicating that buying pressure is currently fading compared to the 24-hour average of 50.1%. Volume Delta shows net selling pressure in the short term, with -$887,086 in the last hour and -$931,812 over four hours, contrasting with a slight net buying of +$109,060 over the full day. This suggests that while there was net accumulation over the 24-hour period, recent activity has been dominated by sellers. The Cumulative Volume Delta closed at -$3,153,044, showing that sell volume outweighed buy volume at the close of the period. Spot volume for UNI reached $88,873,671 with 518,313 trades executed.
The latest daily buy ratio of 47.4% sits at the 28th percentile of the last 281 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for UNI, averaged over the days leading up to the story.
Over the preceding week, UNI experienced a 35.1% price increase and saw 6 out of 7 days of net buying. The current 24-hour buy ratio of 50.1% is 2.5 percentage points below the seven-day average of 52.6%. However, today's spot volume of $88,873,671 is 1.63 times the weekly average, indicating significantly higher activity than usual. This volume surge contrasts with the slight dip in buying pressure relative to the weekly norm. The eight-day Volume Delta totaled +$18,426,783, confirming a strong upward trend over the past week despite the recent short-term selling pressure.