Uniswap Pools.trade launchpad opens on Robinhood Chain
Uniswap Labs has launched Pools.trade for memecoins on Robinhood Chain, with two launch formats, locked liquidity and explicit risk warnings.
By Theo Nakamura · Staff Writer
· 3 min read
Uniswap Labs has introduced the Uniswap Pools.trade launchpad on Robinhood Chain, giving users a way to create, find and trade memecoins in one product. For investors, the key details are the launch rules, fee structure and Uniswap’s warning that these assets can be highly speculative and may lose all their value.
Pools, announced Aug. 5, offers two routes for creating a token. Uniswap Labs built the platform, but says it does not independently review or verify the projects and tokens displayed there. A listing is not a recommendation, endorsement or solicitation, the company says.
How does the Uniswap Pools.trade launchpad work?
Every Pools launch begins with a fixed supply of 1 billion tokens and ends in a Uniswap v4 trading pool, according to Uniswap. The liquidity is held in a protocol-controlled pool that a token creator cannot withdraw. Fees earned by liquidity providers, or LPs, automatically compound into that locked liquidity.
The first option, Crowd Launch, uses a four-hour bidding window. Uniswap says bids fill gradually using a time-weighted average price, or TWAP, mechanism intended to reduce the advantage of placing transactions ahead of others in the same block. A Crowd Launch token becomes tradable if it reaches a $10,000 fully diluted valuation, a measure that values the entire token supply at the current price. If it does not meet that mark, bids are refunded.
The other option, Instant Launch, makes a token available immediately and prices it through a bonding curve, a formula in which the price rises as purchases increase. It has no minimum graduation threshold, Uniswap says.
Pools says it charges no separate launchpad fee. Each pool instead carries a 0.25% LP fee, which compounds into locked liquidity. Creators can turn on an optional fee and receive 0.05% of that 25-basis-point trading fee, according to Uniswap. The company also says creators purchase tokens in the launch block as a measure designed to limit early buying by automated traders.
How does Pools fit into Uniswap’s launchpad strategy?
The new product follows Uniswap’s July 30 rollout of Launches, a beta discovery tab in its web app that gathers token offerings from outside launchpad builders including Bankr, Pons and Long. Launches initially focused on Robinhood Chain and lets users filter by launchpad or sort tokens by measures including recent launches, liquidity and 24-hour volume.
Uniswap said more than 340,000 new tokens launched into Uniswap through Robinhood Chain launchpads during July, producing $3.6 billion in trading volume. Those company-reported figures illustrate the scale of activity Uniswap says its discovery product is tracking. Pools now gives the company its own launch product alongside that aggregator.
One token called FRONG was minted on July 30, before Pools publicly opened on Aug. 5, The Defiant reported, citing Robinhood Chain’s Blockscout explorer. The report said the related contracts did not carry a public label tying them to Uniswap Labs before the product announcement.
Uniswap says Pools is intended for memecoins, whose value it says is driven by demand and speculation. The company warns that such assets are extremely volatile, can go to zero and may not have securities-law or other regulatory protections.
This story draws on original reporting from Decrypt.
