Ten Launches, One Survivor: Only DEPTH Trades
- Of yesterday’s ten launches, nine have no DexScreener pools today; only DEPTH is still trading
- DEPTH read $1 of liquidity yesterday (an 81% trap pool); today it has 11 pools, $34,652 and $1,705,030 of 24h volume
- The 81%, 90.2% and 80.027% trap pools we flagged captured $4.67, $0.29 and $5.57 over 24 hours
Tracking "what happened to yesterday's ten launches" is the dullest and most useful column on this blog. Yesterday's ten (2026-09-17) were GUARD, DESPXA, IRIS, BRONZE, ARCAT, ROBINFOOD, DEPTH, MILCH (two contracts, same name) and ARCRHOOD.
Twenty-four hours later: exactly one of them graduated, and it is the one whose data-pack reading yesterday was $1 of liquidity — the token we singled out for its 81% trap pool. DEPTH.
Today it has 11 pools, $34,652 of liquidity, $1,705,030 of 24h volume and 19,748 transactions. Data pulled 2026-09-18, 00:20–01:00 UTC.
Ten tokens, twenty-four hours later
| Token | Yesterday's reading | Liquidity today | 24h volume today | 24h change | Pool status |
|---|---|---|---|---|---|
| DEPTH | $1 | $34,652 (11 pools) | $1,705,030 | +182% | Graduated (pons-v2-dex) |
| MILCH (0xbd09…184a) | $4,604 | $3,978 | $28,295 | -9.47% | Still on the curve (pons-v2) |
| IRIS | $13,047 | $4,057 | $12,337 | -37.50% | Still on the curve |
| MILCH (0x85c5…193e) | $4,066 | $3,213 | $3,286 | -16.98% | Still on the curve |
| DESPXA | $10,811 | $1.22 | $2,794 | +0.74% | Uniswap v4, pool essentially empty |
| GUARD | $4,205 | $4,058 | $307 | -4.07% | Still on the curve |
| ARCRHOOD | $3,940 | $3,977 | $120 | -11.16% | Still on the curve |
| ROBINFOOD | $4,155 | $4,091 | $102 | -1.34% | Still on the curve |
| ARCAT | $4,041 | $4,079 | $92 | -0.36% | Still on the curve |
| BRONZE | $4,142 | $4,181 | $0.48 | +0.02% | Still on the curve |
A conclusion I nearly got wrong
My first pass used DexScreener, which returned "nine of ten have no pools at all". I came close to writing that nine of them had died.
Then I checked GeckoTerminal and all nine are there — still sitting on Pons V2 bonding-curve pools, which DexScreener does not index. The proof is today's launches: the eight pons-v2 tokens that launched this morning also return zero pools on DexScreener.
So the accurate statement is not "nine died". It is: nine have still not graduated after 24 hours. Those are very different claims — one is disappearance, the other is being stuck.
The check confirmed something else along the way: those nine still read $3,213–$4,181 of liquidity today, essentially unchanged from launch. That re-confirms the correction we published on September 17: the "roughly $4,000 liquidity" on a new launch is the Pons V2 curve's starting reading, virtual reserve included — not money anyone deposited. Nobody pulled the money out, because the money was never there.
Graduation rate: 1 in 10 for this cohort
Bitquery's investigation into the Pons launchpad gives the reference number: between 2026-08-03 and 09-03, 207,893 tokens launched on Pons and 3,228 graduated — a 1.55% graduation rate.
Our cohort is 1 of 10. That looks far better than 1.55%, but do not take it as a finding: our ten come off a "new launches" board, which is itself filtered — a token needs some reading to appear there at all. What it does support is narrower: even among new tokens that made a listing board, only one in ten graduated within a day.
Against our own records: of September 16's ten, only NERD had meaningful volume after 24 hours; of September 14's ten, all ten had zero volume at 48 hours. Three cohorts in a row, and never more than one that came alive.
DEPTH: called out yesterday, the only winner today
This part needs writing honestly. Yesterday I published "3 Trap Pools in 8 Minutes: DEPTH, HBET and 81% Fees", and DEPTH was one of the stars, because the pool the data pack picked for it was the 81% fee trap pool reading $1 of liquidity.
Looking back today, both things are true.
The trap pools were real. DEPTH did sprout a cluster of high-fee pools right after launch:
| Pool | Created (UTC) | Liquidity today | 24h volume |
|---|---|---|---|
| Depth / USDG 90.2% | 09-17 00:04:14 | $4.16 | $0.29 |
| Depth / WETH 81% | 09-17 00:05:40 | $0.00 | $4.67 |
| Depth / WETH 80.027% | 09-17 00:05:51 | $21.29 | $5.57 |
| Depth / USDG 75% | 09-17 02:36:16 | $39.66 | $11.58 |
| Depth / USDG 50% | 09-17 02:04:08 | $0.49 | $0.36 |
And the traps caught almost nothing. Those five high-fee pools took roughly $22.47 between them over 24 hours. In the same window the actual graduated pool (Depth/WETH on pons-v2-dex, created 09-17 00:24:59) did $1,646,918.
The right way to state it: high-fee pools are genuinely part of the launch choreography here, but a price-comparing router walks past them. You get caught by picking a pool manually, or by using an interface that does not compare. I am not retracting yesterday's warning, but today it needs the magnitude attached: $22 against $1.65 million.
A second correction: DEPTH's curve took 23 minutes
DEPTH's curve pool was created 09-17 00:01:47 and its graduated pool appeared at 00:24:59 — 23 minutes 12 seconds. For comparison, HBET took 13 seconds yesterday and SHINY took 24 seconds today.
Line those three up and it is at least suggestive: the two that graduated in seconds look bad today (HBET did $1,417 of 24h volume; SHINY's graduated pool is -52.75%), while the one that took 23 minutes is the only survivor. The sample is far too small to call it a rule, but it is worth logging and counting from here.
DEPTH's site is chainrom.com (X @ChainRom_). I did not read it page by page today, so I am marking the contract as unverified.
What you can take from this column
Three usable things:
- "$4,000 liquidity" on a new launch is not exciting. It is the curve's starting value, and these nine still read the same number 24 hours later.
- Read the DEX label, not the liquidity number. pons-v2 means still on the curve; pons-v2-dex means graduated. Only the second has a real pool.
- Checking back a day later beats judging at launch. Yesterday's prettiest reading, IRIS (+182.84%, $13,047), is -37.50% today. Yesterday's ugliest, DEPTH at $1, did $1.7 million.
Today's ten launches and the full board are in the September 18 hot tokens report, and the 24-second graduation of SHINY gets its own piece. For a launch model where the LP goes to the burn address and cannot be withdrawn, the mechanics are at book.bigpump.ai and the launch page is /robinhoodchain/create.
FAQ
Does "no pools found" mean the token went to zero?
No. DexScreener does not index Pons V2 curve pools, so a token still on the curve shows zero pools there. Confirm with the DEX label on GeckoTerminal: pons-v2 means on the curve, pons-v2-dex means graduated.
How long before a new launch is a lost cause?
On three cohorts of evidence, a token that has not graduated within 24 hours and is doing two- or three-figure volume tends to stay there. Six of yesterday's ten did under $310 of volume today.
Why does every reading sit near four thousand dollars?
It is the Pons V2 curve's starting reading including the virtual reserve, not real money. These nine still read $3,213–$4,181 a full day later.
So are 81% fee pools dangerous or not?
Dangerous, but hard to actually hit. DEPTH's high-fee cluster took about $22.47 in 24 hours while the graduated pool did $1,646,918. A price-comparing router routes around them; you get caught by choosing a pool by hand.
Anything worth watching in today's ten?
SHINY graduated in 24 seconds but has four same-name contracts; ZEC reads negative liquidity; INUININU is one of the few that opened straight onto Uniswap v4. The list is in today's report, and the method for same-name contracts is here.
BigPump is an independent project, not affiliated with, endorsed by or sponsored by Robinhood Markets, Inc. On-chain figures from GeckoTerminal and DexScreener queries taken 2026-09-18, 00:20–01:00 UTC, compared against the 2026-09-17 00:09:07 UTC snapshot. Not investment advice — memecoins can go to zero.
Disclaimer: memecoins are extremely volatile and most go to zero. This article is not financial advice. Do your own research and only spend what you can afford to lose.