Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.26% | 2.56% | 8.59% | 13.86% | 11.04% | 10.03% |
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About Letsbonk.Fun
LetsBONK.fun is a meme coin launchpad built on Solana, jointly operated by the BONK community and the Raydium protocol. It allows anyone to create and list a token in seconds with no coding required, and automatically routes liquidity to Raydium once a token completes its bonding curve.
Its core differentiation lies in a community-aligned revenue model: a 1% swap fee is split roughly 40% for platform development, 30% for running BONKsol validator nodes, and 30% for buying back and burning $BONK. Creators also earn a 0.1% trading volume commission. This contrasts with Pump.fun, which is seen as profit-first with less transparent fee usage.
The platform addresses two key pain points: the lack of sustainable liquidity after meme coins graduate, and the absence of ongoing incentives for creators once tokens start trading. Its "Balanced Mode" directs 0.75% of post-bonding volume into liquidity pools and 0.25% into a daily reward pool for creators who successfully complete bonding.
Over the past six months (March to September 2026), the platform experienced both a major security incident and rapid growth. On March 11, 2026, the BONK.fun domain was hijacked via social engineering targeting its domain provider, leading to a temporary suspension. The team regained control by March 20 and later introduced Balanced Mode. In late April, LetsBONK.fun officially launched and generated $800,000 in fees within three days, listing over 2,700 tokens and graduating more than 70 to Raydium. The BONK token price rose over 50% in the following week. However, the broader meme coin market has cooled since mid-2025, and the platform faces risks from bot activity and low-quality token launches.
Letsbonk.Fun, launched on April 26, 2025 by the BONK community in partnership with Raydium, quickly emerged as a major challenger to Pump.fun on Solana. Its defining feature was a revenue-sharing model: 1% per trade, with 35% used to buy back and burn BONK, 30% staked to the BONKsol validator, and the remainder allocated to ecosystem development and user incentives. Within three days of launch, it generated nearly $800,000 in revenue. By early July, the platform achieved a historic milestone—its 24-hour token issuance (16,797) surpassed Pump.fun (7,537) for the first time, and its market share exceeded 50%, peaking at 55.22%. July revenue reached approximately $37.38 million, surpassing all Solana meme coin launch platforms. Founder Tom's high-frequency community engagement, including personal token purchases and support for the Chinese community, along with the success of ecosystem tokens like USELESS (which rose over 38x), drove rapid growth. However, this momentum proved unsustainable. In August, the platform's domain was hijacked by hackers, prompting a security warning. Subsequently, its market share collapsed to just 1%, with only one token graduating in 24 hours, while Pump.fun regained dominance with 69.7% market share. Tom acknowledged the need to prioritize technical standards before the next growth phase. The platform's rise and fall highlights the intense competition and sustainability challenges in the meme coin launchpad space.
Tom (@SolportTom): Founder of Letsbonk.Fun and co-founder of Graphite Protocol. He publicly buys tokens to support creators and states he has not profited from it, focusing on platform growth.
Solport SKG: Business Development at LetsBONK.fun, responsible for BD.