Uniswap Labs has launched pools.trade, a memecoin-focused launchpad on Robinhood Chain, extending the company’s push into a more speculative corner of crypto trading. The site went live shortly after 5 p.m. ET on Aug. 5, roughly four and a half hours after a public countdown tied to the release had run out.

At launch, the highest-valued token on the platform was FRONG, a memecoin that had been minted six days earlier using the same contracts later tied to Pools. The name matches the teaser video Uniswap used ahead of the product’s debut, and the token quickly became the most visible early listing on the new venue.

FRONG dominated the first hours

As of 6:56 p.m. ET, FRONG was trading at $0.0121, up 31.9% on the day. Its fully diluted valuation stood at $12.1 million, with $1.1 million in liquidity, according to figures shown on the site.

Pools listed 24-hour volume for the token at $20.6 million and cumulative volume since launch at $60.96 million. The platform also showed 172,694 buys from 12,206 wallets and 152,183 sells from 10,942 wallets, while the holder count reached 12,141.

No single wallet appeared to control an outsized share of supply. The largest holder was Uniswap’s v4 PoolManager with about 34.3 million FRONG, or 3.4% of the total, and no other top address held more than 1.6%.

Contracts were deployed before the public rollout

FRONG is a verified ERC-20 token with a fixed supply of 1 billion. It was created on July 30, and its Uniswap v4 pool was created in the same block, days before Pools opened to the public.

The creation transaction was a multicall to a verified contract called LiquidityLauncher, while the token itself was minted by a second verified contract named UERC20Factory. Before the announcement, neither contract had a public label linking it to Uniswap Labs, though both were deployed by the same wallet through a public CREATE2 deployer.

The token’s advance minting meant it existed ahead of the public launch. Uniswap says buying in the creation block is intentional and part of its anti-sniping design, with creators purchasing in the same block the token launches so outside snipers are not first in line.

How Pools is designed to work

Uniswap describes Pools as a product built by Uniswap Labs, but it also states that the company has not independently reviewed or verified any token or project shown on the platform. The launch notice adds that a token’s appearance should not be treated as a recommendation, endorsement, or solicitation.

In a post on X, Uniswap said the product is intended for memecoins, which it described as speculative and highly volatile assets that can go to zero. The framing places the service clearly in a high-risk segment rather than presenting listings as curated assets.

Pools charges no launchpad fee. Every token opens in a standard Uniswap v4 pool with a 0.25% liquidity provider fee that autocompounds into a protocol-held position the creator cannot withdraw. Creators can enable an optional fee at launch and receive 0.05% out of that 25-basis-point fee, which Uniswap says is well below the roughly 1% common on other launchpads.

Two launch formats and early chain context

The platform offers two formats, both built around a fixed 1 billion token supply that ends in a v4 pool. Instant Launch goes live immediately on a bonding curve and does not require a graduation threshold. Crowd Launch instead runs for four hours, with bids filling gradually and price moving with demand; Uniswap says it uses TWAP bids to reduce bundling, and the sale either graduates at a $10,000 launch fully diluted valuation or refunds every order.

FRONG led a trending list on the site that also included pools.trade itself, and the platform marked FRONG and related tokens with dates from six days before the public opening. At least one copycat token was already circulating as well: a separate FRONG contract on Uniswap v2 held liquidity but had recorded no trades over the previous 24 hours.

The launch arrives on a chain that had $426.9 million in total value locked and $322.8 million in decentralized exchange volume on Aug. 4, though weekly volume was down 33% from the prior week. Uniswap’s v3 and v4 deployments are the two largest venues on Robinhood Chain by volume, and Uniswap recorded $1.67 million in fees on the chain over the past 24 hours. The next confirmed step is broader market adoption: Pools is now live, and its early activity will show whether Robinhood Chain can sustain memecoin launch demand beyond the first burst of trading.

Source: thedefiant.io