What is Bonk Coin?

Bonk Coin (BONK) is a meme coin issued on the Solana blockchain, integrated across more than 400 applications and protocols within the web3 ecosystem. BONK is defined strictly as a decentralized utility token to facilitate interactions exclusively within the Bonk ecosystem.

BONK currently has over 962,000 token holders and frequently ranks as the third most transacted token on Solana, behind SOL and USDC. It serves as a social layer and community coin designed specifically for Solana users, developers, and ecosystem participants.

BONK's initial integrations include decentralized finance (DeFi), gaming platforms, and NFT applications. It is actively traded across more than 30 centralized and decentralized exchanges, and has achieved interoperability across 13 blockchain networks.

What is Bonk Fun?

Bonk Fun (LetsBonk.fun) is a LaunchPad platform created by the BONK community for launching new tokens within the Solana ecosystem. Within its first 24 hours, the platform generated over $300 million in trading volume, attracted 800,000 visitors, and enabled the creation of 2,700 new tokens.

Transactions on LetsBonk.fun incur a 1% fee, partially allocated to BONKSOL validator nodes and partially used to repurchase and burn BONK tokens. The platform received early support from key Solana projects and figures, including Jupiter, MoonPay, MonkeDAO, and Solana founder Anatoly Yakovenko.

LetsBonk.fun Key Statistics (2025)

LetsBonk.fun has launched over 475,000 tokens, with approximately 5,140 successfully graduating (getting listed on Raydium). Daily token launches typically range between 2,500 and 20,000, with graduation rates averaging around 0.9% to 1.2%.

Over 129,000 wallets trade with amounts below $1,000, while 528 wallets each exceed $100,000 in total trading volume. The current top LetsBonk trader has made $875,707 in profits from 64,420 trades.

Below are the top-performing meme tokens launched via LetsBonk.fun, ranked by highest market capitalization achieved, with additional details on launch date and token holders:

How Does Bonk Fun Work?

Bonk Fun, similar to other meme coin trading platforms on Solana, allows users to launch new tokens and immediately access liquidity. The service directly integrates token launches with existing DeFi protocols, liquidity pools, and automated trading bots on Solana.

Core features of Bonk Fun include:

• Raydium Integration: Tokens launched via Bonk Fun automatically connect to Raydium's liquidity pools through the LaunchLab contract, enabling immediate decentralized trading.
• Automated Bot Trading: Tokens become instantly tradable through popular Solana trading bots, providing broad market access right from launch.
• LaunchLab Prize Pool: Users launching tokens are eligible to participate in Raydium’s LaunchLab prize pool, which currently includes rewards totaling 50,000 $RAY tokens.
• Community-Driven Development: Future features and deeper integrations guided directly by community feedback and requests.

How to Use Bonk Fun

Launching tokens on Bonk Fun is straightforward, requiring just a few steps:

1. Connect Wallet: Connect your Solana-compatible wallet to the LetsBonk.fun website.
2. Create Token: Input your token details and initiate token creation.
3. Launch Token: Confirm the launch transaction to deploy your token on Solana.
4. Set Up Liquidity: Automatically connect your token to Raydium liquidity pools via LaunchLab.
5. Start Trading: Immediately trade your token using integrated Solana-based trading bots.
6. Understand Fees: Every swap has a 1% fee split between operations funding, BONKsol validators, and BONK buyback and burns.

BONK Tokenomics

BONK debuted in late 2022 with a total supply of 100 trillion tokens. Initially, 50% of tokens were distributed via a community airdrop to Solana NFT holders, DeFi traders, artists, and developers.

Additional allocations included 21% vested over three years for early contributors, 16% reserved for BonkDAO community initiatives, 5% set aside for initial liquidity, and 5% for marketing activities.

At launch, BONK reached holders from 40 Solana NFT projects, covering over 296,000 NFTs, plus dedicated allocations for DeFi users, artists, collectors, and developers. BONK's creators did not actively manage the supply, resulting in market-driven pricing independent of the founding team.

A unique part of BONK’s early distribution was a 30 million BONK airdrop given to each Solana Saga phone owner in 2023. This airdrop, initially valued at about $10, gained widespread attention as the price of BONK increased and its value grew far beyond the original amount.

Pump.fun vs Bonk Fun (LetsBonk.fun)

Pump.fun and Bonk Fun (LetsBonk.fun) are the two most popular meme token generator platforms on Solana right now. Data from a Dune dashboard by @adam_tehc highlights differences in their daily activity, market presence, and overall performance.

Key comparisons include:

• Daily Token Launches: LetsBonk.fun launches approximately 20,415 tokens daily, compared to Pump.fun's 8,456 tokens.
• Market Share (as of July 2025): LetsBonk.fun maintains around 66.6% of the daily token launch market, whereas Pump.fun holds about 20.5%.
• Graduation Rate: Pump.fun has a slightly higher token graduation rate at approximately 0.93%, compared to LetsBonk.fun’s 0.76%.
• Daily Trading Volume: LetsBonk.fun generates roughly $109 million in daily trading volume, significantly outperforming Pump.fun's $30.9 million.
• Daily Revenue: LetsBonk.fun earns approximately $1 million daily in platform fees, more than double Pump.fun's daily revenue of about $420,600.
• Daily Active Addresses: Pump.fun sees around 92,212 daily active addresses, while LetsBonk.fun has about 66,895.

Bonk Coin Founders

The creators of Bonk have chosen to remain anonymous. While the project's white paper (bonk paper) references 22 equal-status founders, their identities have not been publicly revealed.

One publicly known contributor is Nom, a Solana developer active since February 2021. Before contributing to BONK, Nom helped build MonkeyDAO, an organization centered around Solana Monkey Business NFTs.

Nom has publicly represented the project since its launch on December 25, 2022. Under his leadership, BONK expanded from 40 initial integrations to around 350 (now 400+), achieving widespread adoption.

Bonk Ecosystem Projects

The Bonk ecosystem includes various projects designed around the BONK token, covering DeFi, token launches, onboarding tools, and entertainment platforms.

Notable projects include:

• BONKrewards: Reward platform for locking BONK tokens to earn returns, offering multipliers based on lock duration and total amount locked.
• BONKmark: Digital e-card gifting service for easily sending BONK tokens to friends and family via email, simplifying blockchain onboarding.
• Bonk Scooper: Wallet tool for converting unwanted Solana tokens into BONK, automatically closing unused accounts and reclaiming Solana rent fees.
• BONKlive: The original token launchpad of Bonk, connecting vetted blockchain projects directly with the BONK community through scheduled launch events.
• BONKbets: A decentralized prediction market for sports betting and gaming platform operating securely with rules closely matching traditional Las Vegas sportsbooks (restricted in the EU).

Final Thoughts

BONK is proving meme coins can have staying power beyond the hype, planting its paws firmly across Solana’s top apps and token launchpads. As LetsBonk.fun keeps fetching impressive numbers, BONK might just be teaching old crypto dogs new tricks.

Now that you're caught up on all things BONK, you're ready to start bonking responsibly!