Pons $PONS

LaunchpadCLEANGO-WITH-CONDITIONSno audit foundlive on-chain

website X DexScreener explorer DefiLlama

Revenue 7d

$8.5M

24h $761k · 30d $10.0M

Holder revenue 7d

$6.7M

30d $7.2M · P/HR 1.28x

Fees 7d

$58.9M

24h $6.3M · 30d $102.3M

Market cap

$449.1M

FDV $449.1M

P/R, 7d annualised

1.01x

on FDV 1.01x · P/fees 0.15x

Price

$0.6457

+0.5% 24h · vol $6.8M · liq $7.0M

Revenue by window

Every window annualised, so the multiples are comparable. A short window on a young protocol is noisy, and a window longer than the protocol's earning history is marked.

Window	Earned	Holder rev	Fees	Annualised rev	Trend	P/R	P/HR
24h	$761k	$761k	$6.3M	$277.8M	-44%	1.62x	1.62x
7d	$8.5M	$6.7M	$58.9M	$444.3M	+489%	1.01x	1.28x
30d†	$10.0M	$7.2M	$102.3M	$121.3M	+10%*	3.70x	5.12x
Since launch (14.4 days)	$10.0M	$7.2M	$128.2M	$364.4M	–	1.23x	1.53x

Revenue basis

On-chain: USDG and WETH protocol share that reaches the Pons Safe, scanned hourly. Holder revenue: PONS bought and burned by the off-protocol buyback contract, valued at the current price. The DefiLlama revenue line is larger because it includes the creator share and memecoin buybacks, which never touch PONS.

Stream	Kind	Enforced	Note
USDG protocol share to the Safe	treasury	code	30% of the 1% V2 hook fee, routed by the fee escrow to Safe 0x263e (2-of-3, no timelock)
PONS buyback and burn	buyback burn	discretionary	Off-protocol contract 0x5795d227 funded by the Safe. No code enforces the advertised 80%. Counted as holder revenue, funded out of the treasury stream
Creator share and memecoin buybacks	excluded	code	70% of the hook fee. Buys the launched memecoins and pays creators; never touches PONS

On-chain stream	24h	30d	Life	Units (life)
USDG protocol share (30% of the 1% V2 hook fee) routed to the Pons Safe 0x263e from the fee escrow, hook, factories and lockers	$0.0	$2.8M	$2.8M	2,754,821.14 USDG at $1
WETH protocol share (V1 launches) routed to the Pons Safe from the V1 factory and locker	$25.3	$3k	$3k	1.15 WETH at $2,467.0024
PONS bought and burned by off-protocol contract 0x5795d227 at the Safe's discretion (no code enforces the advertised 80%); its ETH funding is not traceable on this RPC, so a part may overlap the counted USDG inflows	$761k	$7.2M	$7.2M	11,282,231.64 PONS at $0.6393

Excluded

70% of the hook fee: creator share and memecoin buybacks that never touch PONS; LP fees on hookless pools; Uniswap protocol fee. Observed burns exceed observed Safe inflows, so the buyback is funded partly from sources this scan cannot see (native ETH); total revenue is an upper bound and the treasury stream alone is the lower bound

Scan

from block 25,526,166 to 60,029,647; 6,374 transfers ledgered

Age

40.2 days

Largest launchpad on the chain. Buybacks happen at a 2-of-3 Safe's discretion.

Launch screen CLEAN

Clean V1 launch on 13 Jul 2026: 100% of supply to the v3 pool, one 6.8% insider initial buy in the creation tx; launch recipients burned 171.6M PONS on 13 and 14 Jul.

Method: replay from mint, decode every swap in the first 50 blocks after the first pool, group same-block buys by gas price and amount, trace first token funding. Timing and gas never prove common ownership on their own.

Token audit (ours) GO-WITH-CONDITIONS

Token immutable, freely sellable at tested sizes, V1 launch position permanently locked. NO-GO if you need the advertised buyback to be enforceable: no Pons contract buys or burns PONS. On-chain protocol take is about 26% of the DefiLlama revenue figure.

No owner, mint, pause or blacklist; EIP-1967 slots zero (A-1)
Every protocol contract terminates at a 2-of-3 Safe with no timelock; it sets fee shares and can rescue V2 pool fees (A-2)
Canonical v4 pool: 948 third-party positions, no protocol-owned principal (B-1); V1 position locked forever (B-2)
1M PONS quotes 7.9% below 1k size; 5M quotes 52% below (C-1)
Hook fee 1.00% of output leg; 30% reaches the Safe in USDG, 70% is creator share and memecoin buybacks (F-1)
PONS burns come from off-protocol contract 0x5795 funded at Safe discretion: 4.1M PONS for 1,276 WETH, 2 to 6 Sep (F-2)
DefiLlama revenue is 3.8x the USDG that reached the Safe on chain, 30 Aug to 5 Sep (F-3)

Pinned 2026-09-06. Surfaces: A controls, B liquidity custody, C sellability, D concentration, E launch, F fees, G rights, H dependencies. A critical on any surface caps the verdict.

Professional audit no audit found

No published audit report exists for the V1 or V2 factories or the v4 hook. DefiLlama marks both Pons entries audits=0, the docs and GitHub name no auditor, and Pashov's public repo has no Pons entry. Three reviews reported in the press are in progress with nothing published.

Self-reported: Team statement relayed by MEXC Learn (14 Aug 2026): Pons v2 under review by SB Security, Dingbats and Pashov Audit Group, reports not yet published; Datawallet (3 Sep 2026): Pons v2 remains unaudited, reviews still in progress; Official GitHub README names no auditor and has no audits folder

Checked 2026-09-07, confidence medium. A professional audit reviews contract code for bugs. It does not cover tokenomics, launch fairness, or who holds the keys.