An automated mechanism that finds, every hour, the best-performing new coin launched on Pons (Robinhood Chain's launchpad). Lead Index's own trading fees are used to buy that coin, building a diversified portfolio of "runners" over time, distributed to Lead Index token holders.
Robinhood Chain is a public blockchain launched by Robinhood in July 2026. Pons is an app running on it that lets anyone launch a new coin in seconds, no coding required.
We only consider coins that have graduated to a real trading market (about 1% of everything launched), and measure the price change since graduation. To keep the ranking honest, a coin also needs at least 20 recorded trades from at least 10 distinct wallets — this catches the common trick of one wallet trading with itself to fake volume — and any swing beyond 2000% is excluded from the podium as statistically implausible. Excluded coins still show up in the raw data, they just aren't crowned "winner". Full detail on the Docs page.
Every trade of Lead Index generates a small fee, a share of which goes to Lead Index's own "creator wallet" on Pons. That wallet periodically claims those fees and uses them to buy the current runner, then sends the purchased tokens to Lead Index holders in proportion to how much they hold. See the Treasury page for the live wallet balance and history.
It's the token that identifies who is entitled to a share of the basket of runners bought with the treasury's fees. Hold it, and you receive your proportional share whenever a distribution happens.
Several, and it's worth knowing upfront: the market for new coins on Pons is extremely young, volatile, and thinly traded — over 98% of launched coins lose nearly all their value. The automated treasury wallet's security matters a great deal: a bug or a compromised key could cause a permanent loss. Nothing here is financial advice.