Original author: Asher, Odaily Planet Daily
Currently, the platform is not lacking in traffic, but it lacks a sufficiently interesting new narrative without "insider trading" controversies.
Before the front end of Pools.trade officially opened, "P Little General" had already made a round of P.
At 0:00 on August 5, the countdown to the official launch of Pools.trade on Uniswap began. During the countdown, the community found the early deployed contracts of the platform and directly traded the already issued tokens on-chain. By the time the front end of Pools.trade officially opened, these early contracts had already generated over $150 million in trading volume.
In response, Uniswap founder Hayden Adams stated that the large volume of early trades forced the team to readjust the website and data indexing, while also accommodating both the test contracts and the final version contracts, disrupting the originally planned launch schedule.
The sense of panic displayed by a DeFi veteran like Uniswap feels somewhat like a "makeshift stage," but the trading data is undeniably high. According to Dune, on August 5 alone (the front end did not officially open until the morning of August 6, and most trading data was generated before the front end went live), the trading volume of Pools.trade reached $99.1 million, accounting for about 54.2% of the total trading volume on the Robinhood Chain token issuance platform that day, far exceeding the previously dominating Pons.
Pools.trade is a token issuance platform launched by Uniswap Labs on the Robinhood Chain, officially positioned as a launchpad for Meme coins, allowing users to issue coins, find new coins, and trade all on the same page. Each token has a fixed total supply of 1 billion, ultimately entering Uniswap v4, with liquidity permanently locked.
Tokens issued by Pools.trade will immediately connect to the Uniswap web interface, wallets, Launches page, and Trading API, reaching MetaMask, Ledger, and multiple DEX aggregators. Compared to new platforms that start from scratch to find trading entry points, Pools.trade already has Uniswap's existing users and distribution channels at launch.
Pools.trade offers two modes: Instant Launch and Crowd Launch, respectively:
· Instant Launch: Tokens are issued immediately. After the creator fills in the name, ticker, image, and description, the tokens are directly open for trading, with prices changing according to market buy and sell fluctuations, without minimum market cap requirements or fixed end times;
· Crowd Launch: A four-hour issuance window. Participants submit budgets in advance, and orders are gradually executed within the remaining time, with earlier participation usually resulting in lower prices. After the issuance ends, tokens must reach an FDV of $10,000 to enter trading; if the threshold is not met, all participating funds are refunded. This mode is mainly used to reduce the impact of bots on opening trades and bundled trading.
Pools.trade does not charge additional launchpad fees, with each transaction incurring a 0.25% fee from the Uniswap v4 pool. After the creator activates revenue sharing, 0.05% goes to the creator, and 0.20% is automatically reinvested into the permanently locked liquidity pool, with Uniswap Labs not participating in the revenue sharing.
Both Pons and Flap charge a transaction fee of 1%. Based on a trading volume of $10 million, Pools.trade generates $25,000 in fees, of which the token creator can receive $5,000; Pons generates $100,000 in fees, and based on a 70% creator share, the token creator can receive $70,000.
Pools.trade reduces trading costs and keeps most of the fees in liquidity; Pons and Flap leave higher revenue for token creators. The former is more beneficial for trading, while the latter provides more direct incentives for token creators.
For a detailed introduction, recommended reading: "Uniswap launches token issuance platform Pools.trade, reshuffling the Robinhood Launchpad ecosystem?".
Compared to the impressive number of token issuances and platform trading volume, Pools.trade has not seen high market cap Meme coins. As of now, there are only two tokens on Pools.trade with a market cap above $1 million, namely FRONG and POOLS; additionally, tokens with a market cap above $400,000 include HOOKR, UNIPEG, CHWDR, and PosM.
FRONG is currently the highest market cap Meme on Pools.trade. At 0:00 on August 5, Uniswap's official Twitter announced the 24-hour countdown for the launch of Pools.trade and released a video of a frog "playing" by the pond.
After the tweet was published, the community quickly noticed the frog Meme coin ------ FRONG issued through the early contracts of Pools.trade and regarded it as the mascot concept coin of the platform. Influenced by this FOMO sentiment, FRONG's market cap briefly touched 18 million USD.
However, before Uniswap started the countdown for Pools.trade's launch, FRONG had already been minted through contracts. On-chain records show that FRONG was minted as early as July 30 and established a trading pool, five days before Uniswap's countdown announcement; the relevant contracts were even deployed about three weeks in advance, without any indication of a relationship with Uniswap or Pools.trade.
As this time gap was discovered, the fairness of FRONG's issuance began to be questioned, and its market cap quickly fell from the peak. Even after Pools.trade officially launched at midnight yesterday, FRONG did not receive community support, with its market cap remaining below 10 million USD, currently reported at 7 million USD.
Currently, the second-ranked token by market cap on Pools.trade, POOLS, has a situation similar to FRONG, being a Meme coin that was minted before the platform's official launch.
Compared to FRONG's "frog mascot" narrative, POOLS's narrative logic is more straightforward ------ the name is the same as the platform, and the community regards it as the concept coin of Pools.trade. Its market cap once surpassed 4 million USD, then fell back to about 1.8 million USD.
FRONG relies on the "frog mascot" narrative, while POOLS relies on the same name as the platform; both should have higher market cap expectations, but both have seen a decrease in community FOMO sentiment due to the "insider trading" controversy brought about by early minting, with market caps remaining below 10 million USD.
The fundamental logic of Meme coins is that everyone is willing to believe they are starting from the same starting line. Once fairness is questioned, no matter how good the token narrative is, it is difficult for the community to continue to spread it spontaneously. This may be the reason why Pools.trade, despite impressive data, has not yet launched a high market cap Meme coin.
However, Pools.trade is backed by Uniswap, and the Robinhood Chain is also one of the hottest public chains for Meme discussions at the moment. Currently, the platform is not lacking in traffic, but it lacks a sufficiently interesting new narrative without "insider trading" controversies. It may not be long before Pools.trade sees its first "speedrun" coin.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.











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