Pons (PONS), a non-custodial token launchpad on Arbitrum (ARB)-based Layer 2 Robinhood Chain, announced that its cumulative trading volume has exceeded $4.54 billion in less than two months since its launch. Operating based on a token creation fee (0.0005 ETH) and a 1% swap fee, and given its structure that relies on token burning, there is also a risk of increased downward price volatility for PONS if token issuance and trading volume sharply decrease.