Uniswap launches Pools as FRONG hits US$12.1M

• Uniswap launched Pools on Robinhood Chain, with FRONG (CRYPTO:FRONG) leading at a US$12.1 million valuation.
• FRONG rose 31.9% to US$0.0121, with 24-hour trading volume reaching US$20.6 million.
• Pools charges no launchpad fee, while each token starts with a 0.25% Uniswap liquidity provider fee.

Uniswap launched Pools on Robinhood Chain, where FRONG (CRYPTO:FRONG) reached a US$12.1 million fully diluted valuation.

FRONG traded at US$0.0121, up 31.9%, with US$1.1 million in liquidity and US$20.6 million daily volume.

Uniswap said Pools opened about four hours and 39 minutes after its public countdown ended.

FRONG was created on July 30 with a fixed one billion token supply, six days before Pools opened.

Uniswap said Pools charges no launchpad fee, while tokens use a standard Uniswap v4 pool carrying a 0.25% fee.

Pools offers Instant Launch and Crowd Launch formats, with the latter requiring a US$10,000 launch valuation before graduation.

Uniswap (CRYPTO:UNI) traded at US$4.03, up 3.8% over 24 hours, with a US$2.52 billion market capitalisation.