Pons overtakes Pump.fun in revenue amid Nomic Chain exploit

The cryptocurrency market is experiencing significant shifts in platform competition and security. The Pons protocol has reportedly overtaken Pump.fun in seven-day revenue, driven by its no-code token launchpad on the Robinhood Chain. Pons has captured a substantial portion of early activity on the chain, at one point accounting for nearly 10% of all transactions. To manage supply, the protocol has implemented a fee-to-burn model, resulting in the permanent destruction of 30% of the total 1 billion PONS supply as of September 8.

In a separate security incident, Nomic Chain suffered an nBTC double-spend exploit. In response, Osmosis froze 22.65 BTC associated with the attacker and paused all Bitcoin inflows to mitigate further risk. This exploit highlights ongoing vulnerabilities in interchain liquidity and blockchain infrastructure.