{"id":78023,"date":"2026-09-11T12:11:06","date_gmt":"2026-09-11T12:11:06","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/drws-cumberland-is-buying-robinhood-chains-meme-star-pons\/"},"modified":"2026-09-11T12:11:06","modified_gmt":"2026-09-11T12:11:06","slug":"drws-cumberland-is-buying-robinhood-chains-meme-star-pons","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/drws-cumberland-is-buying-robinhood-chains-meme-star-pons\/","title":{"rendered":"DRW&#8217;s Cumberland Is Buying Robinhood Chain&#8217;s Meme Star PONS"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Cumberland-linked 0x091D wallet pulled 8.5 million PONS worth $6.55 million off Gate in one week.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">PONS trades near $0.58 with a $448 million market cap, up 1,384% over 30 days.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Wintermute has also been buying, with Arkham flagging it as a possible PONS market maker.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Who Is Actually Buying<\/h2>\n<p>A wallet linked to Cumberland, the crypto trading arm of Chicago firm DRW and one of the oldest market makers in the industry, has <a href=\"https:\/\/x.com\/lookonchain\/status\/2098238415896772866\" target=\"_blank\" rel=\"noopener noreferrer\">bought another 2.7 million PONS<\/a> for about $1.55 million, lifting the position to 11.2 million PONS worth $6.76 million.<\/p>\n<p>The accumulation has been methodical rather than opportunistic, i.e., daily purchases across a full week, with about 8.5 million tokens worth $6.55 million withdrawn from crypto exchange Gate over that stretch.<\/p>\n<figure id=\"attachment_846666\" aria-describedby=\"caption-attachment-846666\" style=\"width:1644px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-846666\" class=\"wp-caption-text\">DRW\u2019s Cumberland has been accumulating PONS at a furious pace, per Arkham<\/figcaption><\/figure>\n<p>Cumberland is not alone, with rival market maker <a href=\"https:\/\/www.binance.com\/en\/square\/post\/365058164308076\" target=\"_blank\" rel=\"noopener noreferrer\">Wintermute also making large PONS purchases<\/a> of its own. In fact, blockchain analytics firm Arkham has suggested Wintermute may be handling market making for the token.<\/p>\n<h2>What Pons Actually Does<\/h2>\n<p>Pons is a token launchpad that lets anyone mint a tradable token in minutes for about a dollar in fees. It <a href=\"https:\/\/news.bitcoin.com\/robinhood-chain-mainnet-launch-marks-most-ambitious-global-expansion-and-product-vision-to-date\/\">runs on Robinhood Chain<\/a>, the Ethereum L2 network built on Arbitrum, and has since become the hub for the meme world\u2019s most <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/robinhood-chain-hits-record-875m-dex-volume-as-tokenized-stocks-surge\/\">violent price swings<\/a>.<\/p>\n<p>To this point, on Sept. 2, nearly 25,000 tokens launched on Pons, resulting in its daily trading volume hitting $544 million, and its generated protocol fees surging to $5.95 in just 24 hours. As a result, it ranked fourth among all protocols, behind only Tether, Uniswap and Circle, and ahead of Pump, Hyperliquid, and Robinhood Chain itself.<\/p>\n<p>Moreover, it bears mentioning that since July, roughly 646,000 tokens have been created on Pons by more than 167,000 unique addresses (accurate as of Sept. 3).<\/p>\n<p>The PONS token collects those fees in WETH and uses them to repurchase and burn supply. About 293 million PONS, some <a href=\"https:\/\/x.com\/BSCNews\/status\/2096109319594950829\" target=\"_blank\" rel=\"noopener noreferrer\">29% of the original supply<\/a>, have already been destroyed through that mechanism.<\/p>\n<h2>The Risk Nobody Should Skip<\/h2>\n<p>As things stand, PONS is trading near $0.58 with a market capitalization of about $440 million. It is also down 7.5% on the day and roughly 35% below the record $0.971 it set late last week.<\/p>\n<p>The 30-day number, however, is the one that stands to explain all the attention the meme token is getting, i.e. a monthly profit of 1,384%. Assets moving at that pace witness repricing movements fairly quickly. In fact, the launchpad category as a whole is built on activity that can evaporate as quickly as it appeared.<\/p>\n<p>Pons\u2019 revenue, in this regard, is a direct function of how many people are minting memecoins per week. In fact, a single wallet recently turned about <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/wallet-cashcat-pons-robinhood-chain-4-7-million-profit\/\">$220,000 into more than $4.7 million<\/a> by catching CASHCAT and PONS in the same run, which is the kind of outcome that typically draws crowds and precedes air pockets.<\/p>\n<p>The next major signal to look out for is whether the daily buying continues once broader risk appetite cools, especially given that the crypto sector <a href=\"https:\/\/news.bitcoin.com\/market-updates\/562m-liquidation-surge-hits-crypto-market-after-ppi-inflation-jump\/\">absorbed $562 million in liquidations<\/a> yesterday. Speculative small caps tend to feel the heat of such events before bitcoin ever does.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/cumberland-pons-accumulation-robinhood-chain-launchpad\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Cumberland-linked 0x091D wallet pulled 8.5 million PONS worth $6.55 million off Gate in one week. PONS trades near $0.58 with a $448 million market cap, up 1,384% over 30 days. Wintermute has also been buying, with Arkham flagging it as a possible PONS market maker. Who [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":78024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78023"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78023"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78024"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}