Barely a week since @TradePools launched and volumes are already tapering pretty hard. Meanwhile, @ponsdotfamily looks to be gradually reclaiming its volume dominance (closing ~50%). Most would probably argue that Pools should have the stronger distributional advantage given Uniswap sits behind it, but imo that advantage might be slightly overstated. Pons itself already has fairly established distribution across Robinhood chain, so this isn't exactly a comparison between an incumbent distribution network and a completely isolated launchpad. Even when you compare their technical differences, there's necessarily a structurally superior model between the two. Both their launch mechanisms + fee structures are fundamentally different, which naturally caters towards different types of participants. The more important differentiator here probably comes down to something much harder to engineer which is how capable the community and creators are at consistently producing hot runners. At the end of the day, memecoin traders generally don't care which launchpad a token originated from. They care about where attention, liquidity + momentum are concentrating. We've already seen this with Noxa tokens. If something starts running, traders will find their way there regardless of where it was launched.