“Graduated” is not one thing.
Of 5,223 graduations on pons, 14% finished in under 10 seconds.
LEDGE counts every pons launch and times every graduation. Every number here says how many it was counted from.
Nothing here is rated and no wallet is named. Just what the whole population did, and how it was counted.
| Finished inside | Share | Count |
|---|---|---|
| 10 seconds | 14.00% | 731 |
| 30 seconds | 23.55% | 1,230 |
| 60 seconds | 32.03% | 1,673 |
| 5 minutes | 54.26% | 2,834 |
| Median | 4 min | n=5,223 |
93.5% of pons launches never take a single buy.
187 of 200 sampled on 8 September 2026, read from each curve.
The graveyard counts this every day.
n = 5,223 graduations.
Two kinds of graduation: a spike inside the first seconds, then a gap, then the broad hump of the rest.
Every curve taking buys right now.
GraduatedEvery launch that graduated, and how long it took.
GraveyardEvery launch that took no buys in its first 72 hours.
LEDGE, measured by LEDGEOur own token, on its own page, with the same readings as every other launch: buyers in the launch block, first outside buy, fill, and what launches like it did.
Also: the card · cohorts · pair × tax · method.