Robinhood just restarted the launchpad war no argue but I believe launchpads evolve from a memecoin tool into one of crypto’s most efficient revenue businesses Robinhood Chain proved the model still works NOXA generated nearly $12M in fees within its first week then halted on July 16, @RobinhoodApp recorded 42,709 new tokens in one day → @ponsdotfamily: 11,547 → @flapdotsh: 9,935 → @hooddotfun: 6,471 NOXA still held 43% of launchpad trading vol on July 15, but Pons had already reached 37.4% the leading platform can stop operating and another one starts absorbing its order flow almost immediately Now the launchpad market has 3 active fronts: [1] Robinhood Chain: @Noxa_Fi → @ponsdotfamily the chain is new, liquidity is highly speculative & retention is still unproven but the initial performance was strong enough to restart competition across NOXA, Pons, Flap, Hood, Clanker and Bankr [2] Solana: @Pumpfun vs @bonkfun pumpfun generated $18.6M in protocol rev over the past 30 days & has now passed $1.06B cumulatively BONKfun added another $1.5M in 30D rev & has produced more than $40M since launch 2 competing launchpads have already extracted over $20M in monthly rev from the same chain [3] Base: @virtuals_io + @bankrbot + @o1_exchange /B20 standard Base is expanding the format beyond pure memecoins → Virtuals proved that agent launches can produce real fees → Bankr now combines token creation with trading distribution → While o1’s B20 launch flow is testing another native issuance model Bankr generated $917K in fees over the past 7D, equal to roughly 60% of its entire 30D total o1 is smaller, with around $2.3M in cumulative rev, but B20 is still in its early distribution stage IMHO, launchpads are one of the best rev infra in crypto because they monetize the full speculative cycle they do not need large TVL or long lending cycles they need cheap execution, active traders and constant token supply