8 hours ago
Pump.fun had dominated the issuance assemblage since its January 2024 debut, accumulating implicit $800 cardinal successful fees wrong 2 years.
Jul 8, 2025, 7:27 a.m.
Over the weekend, Bonk.fun overtook Pump.fun, the fashionable Solana token issuer, to go the starring launchpad successful the market, claiming implicit 55% marketplace share. This milestone is bumping up request for BONK, the Solana-based token astatine the halfway of its ecosystem.
New information amusement that Bonk.fun has facilitated implicit $540 cardinal successful measurement crossed 175,000 launches, generating astir $34 cardinal successful fees. That gives it a commanding 55.2% stock of the meme launchpad marketplace — up of Pump.fun’s 34.9% and $341 cardinal successful full volume.
Pump.fun had dominated the assemblage since its January 2024 debut, accumulating implicit $800 cardinal successful fees wrong 2 years.
Bonk.fun has flipped that pb successful conscionable 2 months, driven by deeper token incentives and faster level traction and a BONK buy-back program that has caught the oculus of immoderate aboriginal investors.
"The monolithic summation successful Bonk.fun marketplace stock helps BONK done the assertive marketplace bargain unit it contributes to the BONK token," shared widely-followed crypto capitalist theunipcs successful a connection to CoinDesk.
A cardinal quality lies successful Bonk.fun’s interest structure. 50% goes to buying past burning BONK, 8% goes to buying BONK for reserves, and the remainder the level keeps arsenic revenue.
"50% of Bonk.fun fees goes towards buying and burning $BONK, and different 8% goes towards buying BONK for reserves. When you see that Bonk.fun has generated implicit $1 million/day regular since it flipped Pump.fun, that's astatine slightest $500,000/day successful revenue-driven BONK bargain and burn," the trader added.
The biggest Bonk.fun-issued token is USELESS, an intrinsically useless token that jibes astatine its ain deficiency of inferior that has built a cult pursuing successful past week, helping propel it to implicit $100 cardinal successful marketplace capitalization conscionable weeks aft going live.
If Bonk.fun continues to predominate astatine existent pace, annualized BONK purchases could scope into the hundreds of millions, further tightening supply.
Meanwhile, different Solana-based launchpads, specified arsenic Believe (3.8% marketplace share), Jup Studio (2.1%), and Moonshot (1.7%), stay acold down successful some measurement and engagement.
Read more: Pump.fun Aiming to Raise $1B Via Token Sale astatine $4B Valuation: Blockworks
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