Robinhood Chain recorded its highest single-day fee haul on Sept. 4, bringing in $6 million as activity around the Pons ecosystem accelerated sharply. Over the previous seven days, total chain fees reached about $25 million, up from roughly $1.4 million a week earlier.

The jump came alongside a strong rise in decentralized exchange activity. Weekly DEX volume climbed to $12.4 billion, more than twice the prior week’s total, while the PONS token rose more than 200% over the same period and reached an all-time high valuation above $970 million on Sept. 5.

Fees climbed far faster than user activity

The latest figures point to a dramatic change in how much Robinhood Chain is earning from its existing participants. Although average daily active accounts last week stood at 396,000, that was lower than the previous week’s average.

Even with fewer active accounts on average, fee generation surged. Based on the figures cited in the report, fees per active account increased from $0.13 in mid-August to $15.90 by early September, suggesting the network was extracting substantially more value from each active user than it had only weeks earlier.

Pons was at the center of the move

A major part of the fee surge coincided with Pons activity. On Sept. 3, Pons generated nearly $6 million in fees in a single day, a level the report said exceeded what Pump.fun and Hyperliquid produced that same day.

At the same time, the PONS token continued to rally. Its valuation moved above $970 million at its Sept. 5 peak, extending a weekly gain of more than 200%.

Reflexive token mechanics may be amplifying demand

According to the source article, Pons uses a highly reflexive token model. Roughly 80% of the revenue it generates is directed to token buybacks, and more than 28% of total PONS supply has been burned so far.

Those mechanics can reinforce momentum when trading and launch activity are expanding, because revenue feeds back into buy pressure while supply is reduced. The report did not say this dynamic will continue, but it identified the structure as a key feature behind the project’s recent rise.

What to watch next

The next question is whether the recent pace can hold. The report noted that fees are a lagging result of how many new pools are available to trade against, making future launch activity an important measure for Pons in the coming weeks.

That means attention is likely to remain on whether token launches and DEX volume stay elevated or begin to fade. If volume drops, the same flywheel that helped lift fees and token valuation could slow as well, making upcoming activity on Robinhood Chain the next confirmed area to monitor.

Source: www.theblock.co