Pons

PONS#206Launchpads
$0.2191
+1,447.0%past year

Code is quiet, $13.3M in fees this month, sources agree.

Code

No commits in 90 days in the code we could find

The project may have moved. The team can show us the current repo.

No weekly commit data
Last push
—
pons-labs · official site
Usage

$13.3M in fees over 30 days

Fees include what users pay to everyone, not just the protocol. Source: DefiLlama.

Jul 13Nov 2
Revenue, 30d
$1.95M
Numbers

CoinGecko and CoinMarketCap agree

CGCMC
Price$0.2241$0.224Agree
Supply671M671MAgree
Mcap$150M$150MAgree
Volume$29.6M$36.6M×1.24

We show both and don’t say which is right. CoinGecko, CoinMarketCap

Paper → real

About $150M of $150M is real

Selling everything at 2% a day would take 179 days.

Paper (all tokens)$150M
Market cap$150M
Real$150M

Real is the market cap scaled down when its order-book depth is below what is typical for a token of its size. An estimate, not a price.

Where it lives

No unknown copies under its ticker

1 official deployments
OfficialRobinhoodPons 0x39dB…4571$1.33Mclaims $6.99M

Copies are what DEX search finds under the same ticker. Liquidity counts only pools against real assets; a pool against a made-up token can claim any figure.

Leverage

$52.5M in open futures, 35% of the market cap

Closing them all by force would take 63 days of 2% sell depth.

Funding, 8h
+0.0065% · longs pay shorts
Futures volume
$75.2M · 2.5× the spot volume · open interest turned over 1.4×
Liquidated, 24h
longs $2.91K · shorts $14.5K
Venues
Bybit, OKX, Hyperliquid, Binance

Perpetual futures on Binance, Bybit, OKX and Hyperliquid, read hourly; CME and other venues are not counted. Liquidations from Bybit (every one), Binance (the largest per second) and OKX (its latest orders each hour): a lower bound.

Where Hyperliquid positions get liquidated

longs, closed below the priceshorts, closed above

within 5%: longs $0 below · shorts $0 above

3 open positions of the largest accounts and busiest traders, whose liquidation prices Hyperliquid publishes. Exact, not a model, but Hyperliquid only.

On-chain

Its own chain: no token contract to check

Read from the chain and GoPlus. Powers are facts about the contract, not a verdict on the team.

We can’t see your code. Show us.

Prove you run it and point us to your repo, supply page and unlocks. It appears here labelled as yours, next to what we found.

More dossiers