Pons generates $5.95M in fees in 24 hours, ranking fourth on DefiLlama

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Pons generated $5.95 million in fees within 24 hours, ranking fourth on DefiLlama’s protocol fee list. On-chain data shows it trails Tether, Uniswap, and Circle. The platform issued nearly 25,000 new tokens on September 2, marking a 19% increase from Tuesday. Trading volume reached $544 million in 24 hours. A recent protocol update may have contributed to the surge in activity.

ChainThink reports that, as of September 3, according to DefiLlama data, Pons generated approximately $5.95 million in fees over the past 24 hours, ranking fourth in protocol fees—behind Tether, Uniswap, and Circle, and above Pump's $4.64 million.

On September 2, the Pons platform issued nearly 25,000 new tokens, an increase of approximately 19% from Tuesday, with a 24-hour trading volume of $544 million.

Since July, the platform has issued approximately 646,000 tokens from over 167,000 creator addresses.

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