Morning Minute is a daily newsletter authored by Tyler Warner. The views expressed are his own and do not necessarily represent those of Decrypt.
Good morning!
Here are today’s key highlights:
- Major cryptocurrencies are showing slight gains, with ETH leading the way; BTC is priced at $64.5k
- Bitcoin ETFs have recorded $626 million in net inflows to kick off the week
- Uniswap has launched Pools.trade, entering the launchpad competition
- The Fomo App has reached a new all-time high in daily revenue as on-chain activity increases
- Cashcat has surged to $130 million, while Stonkbroker has reached $50 million as Robinhood Chain progresses
🦄 Uniswap Launches Pools.trade
Yesterday, Uniswap introduced Pools.trade, its own token-launch platform built on Robinhood Chain, utilizing its v4 protocol.
Introducing @TradePools, a new launchpad on Robinhood Chain
Launch and trade now at https://t.co/9fqa8AnC7U pic.twitter.com/2u38Mlve5h
— Uniswap (@Uniswap) August 5, 2026
Token launchpads allow users to quickly create and launch new tokens (or memecoins). They have been instrumental in the memecoin surge that Pump Fun turned into a billion-dollar venture on Solana and contributed to the buzz around Robinhood Chain this summer. Now, the leading figure in decentralized trading is stepping into this arena directly.
The initial rollout faced some issues. Founder Hayden Adams noted that traders found earlier versions of the smart contracts prior to the interface going live, resulting in over $150 million in volume being processed through them. This led the team to manage both the test and final versions simultaneously, delaying the official launch. Adams emphasized that Uniswap has been a platform for launching new tokens for over eight years, so this venture is not entirely new for them.
Pools.trade offers distinct features:
- No launchpad fees
- All launches come with permanently locked liquidity
- The 0.25% liquidity provider fee is reinvested into the locked pool, with 20% allocated to the token creator and 80% to the liquidity mechanism.
The platform is also backed by extensive distribution, featuring support from the Uniswap web app, wallet, and trading API, as well as third-party platforms like Bitget, Fomo, GMGN, and OKX Wallet.
There are two launch options available: an instant launch similar to other launchpads and a “crowd launch” that aims to be fairer and less susceptible to bundling, a tactic where insiders secure large allocations at the start.
This move solidifies Uniswap's position, as it is already the default exchange on Robinhood Chain. Pools.trade integrates the creation and trading process on the same chain where competitors like Pons are vying for market share. The choice to implement a zero-fee model is uncommon, as few teams can afford this approach; Uniswap can generate revenue through other means while many launchpad teams cannot.
Robinhood Chain has already felt the effects, with DEX volumes rebounding by 50% from recent lows and daily transactions rising by 50%. Pools.trade is currently capturing 50% of the market share in launchpad volume and 40% of new token launches, with expectations for these figures to grow.
The platform remains in beta, and its ability to attract quality projects versus simply generating more churn is yet to be determined. However, the actions of the largest liquidity venue in DeFi warrant close attention.
🌎 Macro Crypto and Markets
- Major cryptocurrencies are generally up, with ETH leading; BTC +0.8% at $64.5k; ETH +2% at $1,903; SOL -1% at $73.30; HYPE -3% at $55.20
- Notable altcoin movers include ZRO (+6%), LIT (+5%), and CRV (+3%)
- Oil -1% at $75.80; Gold +3% at $4,320
- Stock futures are mixed following a strong start to the week; DOW +0.3%, Nasdaq -0.5%
- Circle has selected BlackRock, Visa, and Mastercard as validators for its Arc project, forming a founding group of 11 institutions mainly from traditional finance, including DTCC, ICE, Standard Chartered, and SBI, to secure its blockchain ahead of the public mainnet launch on September 16
- Circle also renewed its partnership with Coinbase for USDC on existing terms and decided against quarterly dividends, opting instead to reinvest in growth.
- Mysten Labs co-founder and CTO Sam Blackshear is departing to join Anthropic to focus on defensive security research, leaving the company behind the Sui blockchain where he created its Move-based programming language.
- Visa has expanded stablecoin payouts via a partnership with Zerohash, allowing businesses to send funds directly to stablecoin wallets and enhancing the card network's efforts in on-chain payments.
- A volunteer audit team called the "Bitcoin Red Team" submitted 4,962 AI-generated security findings across 390 Bitcoin projects in roughly 30 hours, which included 85 critical and 635 high-severity issues, with privacy and coinjoin tools showing the highest concentration of serious vulnerabilities.
Corporate Treasuries & ETFs
- Bitcoin ETFs recorded $244 million in net inflows on Wednesday; ETH ETFs saw $61 million in inflows
- Strategy’s STRC preferred stock has risen by 30% as the company invests capital into it and increases its cash reserves to $4 billion
Meme Coin Tracker
- Meme leaders mostly declined; DOGE -1%, SHIB -3%, PEPE -2%, PENGU +1%, TRUMP -1%, BONK unchanged
- Robinhood Chain performed well, led by Cashcat (+34% to $130 million), Stonkbroker (+35%), and Pipedog (+10%); FRONG dropped to $8 million after peaking at $17 million
- Top performers on Solana included Kio (+600%), Stonk (+165%), and Manlet (+90x); ANSEM remained stable at $175 million
💰 Token, Airdrop & Protocol Tracker
- The Fomo App achieved a new all-time high in daily revenue yesterday as meme trading volumes surged across various chains
- An NFT project founder was charged in a $10 million fraud after prosecutors alleged he misappropriated investor funds to finance gambling and a DJ hobby
🚚 NFT Updates
- NFT leaders showed mixed results; Punks remained steady at 31.7 ETH, BAYC dropped 4% to 8 ETH, Pudgy fell 1% to 3.85 ETH; Stonkbrokers increased by 28% to 7.6 ETH
- Cash Cats (+100%) and pyo (+28%) were among the top movers
- A CryptoPunk wearing a hoodie was sold for $515,000, marking the largest sale of the month; additionally, an XCOPY 1/1 was sold for 280 ETH