Binance, the world’s largest cryptocurrency exchange, has rolled out new perpetual contract offerings for two distinctly different tokens: PONS, a utility token from the Robinhood Chain, and HAJIMI, a meme coin operating on the BNB Smart Chain. This marks a significant expansion of Binance’s derivatives lineup, reinforcing its position as a leading platform for diverse crypto assets.
Risk management and leverage distinctions
For PONS, traders can access leverage of up to 20x, granting seasoned investors the opportunity for amplified exposure. By contrast, Binance set the margin for HAJIMI at a conservative 3x, a move reflecting its status as a highly speculative meme asset. This differentiated approach aligns with Binance’s risk management framework, balancing potential volatility while offering a range of choices for users.
PONS serves as the native token of Pons, a primary launchpad on Robinhood Chain. This network is an Arbitrum-based Layer 2 solution designed to provide fast and cost-effective transactions for decentralized applications.
HAJIMI, created on the BNB Chain via the four.meme platform, has rapidly gained popularity, especially among Asian digital asset enthusiasts. The asset’s value depends primarily on community momentum and viral hype rather than fundamental utility.
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AAPLTrading data shows that PONS reached new highs near $0.93 shortly after its Binance debut, with a daily trading volume of $20.39 million and an approaching market capitalization of $1 billion. Meanwhile, HAJIMI stabilized around $0.072 with a trading volume of $26.66 million, reflecting heightened speculative interest.
The underlying structure of PONS incorporates a deflationary model, where automatic buybacks and token burns are funded through transaction fees, creating long-term supply reduction pressures.
Mini dictionary: Robinhood Chain is a Layer 2 blockchain built on Arbitrum, offering enhanced scalability and lower transaction costs for decentralized finance projects and token launches.
| Token | Leverage cap | Current price | Trading volume | Market cap |
|---|---|---|---|---|
| PONS | 20x | $0.93 | $20.39 million | ~$1 billion |
| HAJIMI | 3x | $0.072 | $26.66 million | N/A |
Bot-driven on-chain drama as listing goes live
Almost immediately after Binance’s official listing announcement, an on-chain battle erupted in the HAJIMI market. Automated trading algorithms raced to capture initial liquidity before most retail participants could respond to notifications.
On-chain analyst EmberCN observed that, at 13:55:12 UTC—the precise moment the news dropped—a so-called news trader executed a successful MEV (Maximal Extractable Value) strategy in the HAJIMI/BNB pair.
The MEV bot used a private RPC connection to submit its transaction directly to BNB48 Club’s validator node. To secure block priority, the trader paid a 35.3 BNB ($26,800) bribe and an additional 5.5 BNB ($4,200) in priority gas fees.
This upfront cost of nearly $31,000 enabled the bot to purchase 9.89 million HAJIMI for $200,000 at $0.02 each. Minutes later, it closed the position, selling the tokens at an average price of $0.058 and realizing a net profit of $378,000.
After accounting for all transaction costs, the bot’s total profit from the rapid round-trip positioning on HAJIMI reached $378,000.
High volatility persists in both PONS and HAJIMI pairs as market participants continue to react to the new listings and the aftermath of the sophisticated on-chain trade.
