Coinbase lists Pons for spot trading

Coinbase listed Pons for spot trading on October 7, 2026. Coinbase Markets said the PONS-USD pair would go live that day if liquidity conditions were met, and only in regions where trading is supported. The project then posted the line that turns a plan into a market: Pons is now trading on Coinbase. The post is here:

A Coinbase open is three steps, and Coinbase's own status page wrote all three down in Pacific time. At 10:10 the listing was still the announcement. At 10:21 PONS-USD entered auction mode. Customers could post limit orders and see an indicative open price, which is the price the book would use if it opened on the orders already in. The book stayed in auction for at least ten minutes, and nothing matched during that window. At 10:33 the pair moved to limit-only mode on Coinbase Exchange and Coinbase Advanced. Limit orders could be placed and canceled, and matches could occur. Market orders could not. The project's post went up at 17:42 UTC, after that sequence, from the account that ships the token.

Where a trader can reach it is named, and the venues are not the same door. Coinbase said Pons would be available on coinbase.com, in the Coinbase app, and on Coinbase Advanced. Institutions can reach the same asset on Coinbase Exchange. The day before, October 6, Coinbase Markets added Pons to the asset roadmap next to Whuffie and printed the contract in the same thread. A roadmap note on Tuesday became a book on Wednesday. That is the pace of this listing.

The chain is part of the listing, because a deposit sent to the wrong network does not arrive. Coinbase gave the Robinhood network contract as 0x39dbed3a2bd333467115de45665cc57f813c4571, and said not to send the asset over any other network. Pons is the token tied to a launchpad on Robinhood Chain. The account's own line is that it is a place to launch coins on Robinhood. Decrypt has described Pons as the chain's busiest application, a launchpad that lets someone deploy a token straight into a trading pool, with Uniswap as the chain's default exchange. The Coinbase pair sits on top of that. It is a dollar market. It does not replace the pool on the chain.

The same account posted the boundary under the trading line. The follow-up says the posts are not endorsements. They are for information, not financial, technical, or legal advice. That is Pons speaking about its own post. Coinbase set the condition in its own words: the open depended on liquidity, and on the region. A token that was a roadmap item on October 6 spent October 7 in an auction, then in a limit-only book, then in a post that says it is trading.

What comes next is the rest of the book. Limit-only is the mode Coinbase named at 10:33 Pacific, with matches allowed and market orders held back. The follow-up is the session when market orders are accepted, and the first day the pair is open in every region Coinbase said it would support. The post is the record of who said the token is trading. The desk stays on PONS-USD now, when that book opens the rest of the way, the same way it stayed on the auction and the limit-only print.