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LetsBonk

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From Trenchwiki, the trench encyclopedia
This is an old revision of this page, as edited by seed at 14:05, 23 October 2026. It may differ significantly from the current version.
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LetsBonk (letsbonk.fun, later Bonk.fun) is a Solana memecoin launchpad tied to the Bonk community and built on Raydium's LaunchLab infrastructure.[1][2] In July 2025 it briefly passed pump.fun in daily token launches, graduations, volume and revenue, the first time pump.fun had lost its lead since January 2024.[2][1]

History[edit]

LetsBonk was launched in late April 2025 by a founder known as Tom (@SolportTom) and shares some team members with BONK.[2][1] Its share of Solana launches ranged from 2% to 18% before July.[1] Half of its fee revenue buys and burns BONK and 8% buys BONK for reserves.[3]

Race with pump.fun[edit]

On 6 July 2025 LetsBonk launched about 19,620 tokens against pump.fun's 9,249 in 24 hours, per Dune data cited by Decrypt, and held 58.5% of the launchpad market to pump.fun's 35.2%.[1] The Block counted 135 graduations to pump.fun's 103 on 5 July and an $86 million volume lead, though pump.fun had more than twice as many active traders.[2] Its largest tokens then included Useless Coin at a $275.9 million market cap; pump.fun's included Fartcoin and Peanut the Squirrel.[1] On 7 July LetsBonk passed pump.fun in 24-hour revenue, and by 8 July it held 55.2% of launches to pump.fun's 34.9%, with Moonshot at 1.7%.[4][3]

The lead coincided with pump.fun's PUMP token sale, which raised $600 million in about 12 minutes in mid-July; by 18 July PUMP had fallen back to its sale price as BONK rose 64% since LetsBonk's launch.[5] Pump.fun regained the top position by mid-August: in the week of 11 to 17 August it held 73.6% of the market to LetsBonk's 15.3%, per Jupiter data.[4]

Timeline[edit]

  • 2025-04: LetsBonk launches[2]
  • 2025-07-06: LetsBonk passes pump.fun in daily token launches[1][2]
  • 2025-07-07: LetsBonk passes pump.fun in 24-hour revenue[4]
  • 2025-07-08: LetsBonk at 55.2% of Solana launchpad share[3]
  • 2025-08-17: pump.fun back at 73.6% weekly share[4]

See also[edit]

References[edit]

  1. ^ BONK Meme Coin Launchpad Flips Pump.fun for Solana Tokens Created, Decrypt, 2025-07-07
  2. ^ LetsBONK dethrones Pump.fun with higher daily memecoin volume, token launches, The Block, 2025-07-06
  3. ^ Bonk.fun Grabs 55% of Solana Token Issuance Share, Drives Buying Pressure on BONK, CoinDesk, 2025-07-08
  4. ^ Pump.fun Regains Top Spot in Solana Memecoin Launchpads, Cointelegraph, 2025-08-20
  5. ^ PUMP token erases gains less than a week after initial coin offering amid rising share of LetsBONK memecoin generator, The Block, 2025-07-18
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