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ToggleThe memecoin race on Solana is hotter than ever, with the community not only rushing into trading but also directly participating in creating their own memecoins. In this context, letsBONK.fun – a decentralized launchpad developed by the BONK community itself – has quickly broken through and surpassed Pump.fun, the platform that once dominated the memecoin scene. Just a few weeks after its launch, letsBONK.fun not only creates tens of thousands of new tokens daily but also attracts massive trading volume, becoming the most popular meme launchpad on Solana.
So what makes this project special? Let's explore with Allinstation through the article below!
What is LetsBONK.fun?
LetsBONK.fun is a memecoin Launchpad built on the Solana blockchain, allowing anyone to easily create and issue memecoins without knowing programming or understanding blockchain technology. The platform was initiated and developed by the BONK community itself – one of the largest memecoins on Solana, with technical support from Raydium, the leading AMM on Solana.
LetsBONK.fun was launched on 25/04/2025, in the context of a strong memecoin wave on Solana. However, despite the high demand for creating and issuing memecoins, existing tools still have limitations:
- Difficult for newcomers (must know programming, deploy smart contracts, add liquidity)
- Focused on personal interests (many launchpads charge high token creation fees or control listing rights)
- And lacking contribution to the BONK ecosystem, despite the BONK community being one of the largest forces creating memecoin demand.
LetsBONK.fun was born to change that, above all, to contribute back to the BONK ecosystem through a mechanism of buying and burning tokens, thereby creating a sustainable "meme economy" on Solana – where memecoins are not just for fun but also a powerful community creative tool.
Products & Highlighted Features of LetsBONK.fun
LetsBONK.fun is not just a memecoin creation platform, but also a decentralized ecosystem dedicated to meme builders on Solana, where users can create, deploy, and trade memecoins in just a few minutes. Here are the features and highlights that make LetsBONK attractive:
Create Memecoin Easily, No Coding Required
Users only need to:
- Connect Solana wallet (Phantom, Solflare, etc.)
- Enter name, symbol, description, and total token supply
- Click deploy.
The entire process is automated, from smart contract creation, liquidity provision, to display on the tracking board, without manual technical operations.
Integrated Liquidity Immediately After Creation
- Created tokens will automatically have liquidity through Raydium AMM and be displayed on Jupiter aggregator – helping new memecoins be traded immediately on popular Solana DEXs.
- This is a significant advantage that helps LetsBONK overcome many manual platforms where users must add liquidity after token issuance.
No Token Creation Fee – Fair-Launch Model
- No need to pay initial or hidden costs.
- Only a small Solana network fee is charged to deploy the smart contract.
- Applies a 1% transaction fee when users buy/sell tokens – transparent, equal, and easy to understand.
Unique "Graduation" Mechanism
Tokens after creation will go through an evaluation stage:
- Tokens that "graduate" (reach sufficient volume, holders, etc.) will be transferred to a full LP group, increasing reliability and tradability.
- This mechanism prevents token spam and helps filter out projects that the community truly cares about.
Fee Mechanism Oriented Towards Community
The 1% transaction fee is allocated as follows:
- 50% used to buy and burn BONK token – helping to reduce supply and support value for the BONK ecosystem.
- 20% sponsored for BONKsol validator, enhancing network security and decentralization.
- 30% reinvested in product development, feature upgrades, security, and user interface.
Intuitive Interface, Real-Time Tracking
LetsBONK.fun's dashboard displays:
- New token list
- Token status (graduated/not graduated)
- Volume, number of holders, transaction links, and data from Solscan/Jupiter.
Users can easily explore potential memecoin without needing external bots or tools.
Community Integration & Creativity Encouragement
- Close collaboration with the BONK community of over 1 million people.
- Events encouraging creativity such as: AI memecoin contest, token voting,...
- Upcoming decentralized governance where BONK holders can vote to spotlight projects.
Revenue Exceeding Pump.fun
Impressive Metrics of LetsBONK.fun
In just the first 3 days of launch, LetsBONK.fun generated 800,000 USD in revenue, helping to push BONK price up by over 50%. According to Dune Analytics, this platform currently leads the Solana memecoin market with:
- 202 million USD trading volume (54.4% market share)
- 17,585 new tokens created/day (surpassing Pump.fun's 9,873)
- 185 "graduated" tokens/day (surpassing Pump.fun's 77)
According to data from Defillama, letsBONK.fun is recording outstanding growth in both revenue and transaction fees. Specifically, the Annualized Fees have reached 215.51 million USD, corresponding to a similar level of Revenue. This reflects that all fees collected on the platform are calculated into the protocol's revenue, without being shared with intermediaries.
Revenue for Community and Holders
Another highlight is the Holders Revenue reaching 125 million USD/year, accounting for nearly 58% of the current total revenue. This is the result of a new distribution policy implemented after 10/06/2025, where 58% of transaction fees are returned to the community of holders. Previously, this ratio was 43%. The increase in community share clearly demonstrates a "community-first" orientation and encourages long-term user engagement with the letsBONK ecosystem.
Breakthrough Growth Since July 2025
The growth chart on DeFiLlama shows that since the beginning of July 2025, daily transaction fees on the platform have surged, reaching nearly 1.8 million USD/day on some days. This is a clear evidence of the memecoin wave's heat and the increasing popularity of letsBONK.fun in the Solana community. The significant increase in users and new tokens has pushed the platform's trading volume and revenue to unprecedented levels.
Comparing LetsBONK.fun vs Pump.fun
| Criteria | LetsBONK.fun | Pump.fun |
|---|---|---|
| Model | LP-based (Raydium AMM) | Bonding Curve |
| Token Creation Fee | Free | Has fees and token transfer fees |
| Transaction Fees | 1% swap + % volume after graduation | 1% bonding fee + PumpSwap fees |
| Fee Reinvestment | 50% burn BONK, 20% sponsor BONKsol validator | Withdraw USDC, no reinvestment in ecosystem |
| DeFi Integration | Raydium, Jupiter | Closed ecosystem |
| Governance | Planned community voting (BONK holders) | None |
| Low-Quality Token Risk | Controlled by "graduation" mechanism and voting | 98% tokens assessed as risky |
Opportunities and Risks When Participating in LetsBONK.fun
Opportunities:
- Easy Access: Anyone can become a "memecoin builder".
- Immediate Trading: No need to worry about manual liquidity setup.
- Participate in BONK Ecosystem: Indirectly support BONK price through burning mechanism.
Risks:
- Fraudulent Token / Rug Pull: Even with LP withdrawal prevention, creators can still dump.
- Strong Price Volatility: Swap fees + slippage make large transactions prone to loss.
- Market Saturation: Over 10,000 new tokens can be created daily.
Note: Carefully check token information on Solscan and avoid FOMO on projects not yet "graduated" or verified.
Tokenomics Information
- Token Name: Let's BONK
- Ticker: LETSBONK
- Blockchain: Solana
- Contract: CDBdbNqmrLu1PcgjrFG52yxg71QnFhBZcUE6PSFdbonk
- Total Supply: 68,991,777.66 LETSBONK
- Circulating Supply: 68,991,777.66 LETSBONK
Development Team & Investors
Development Team:
- SolportTom – Founder: Originated from the BONK community, notable for transparency by publicly sharing personal wallet and all transactions.
- Solport SKG – Business Development: Responsible for partnerships and strategy expansion.
Investors: No official investors or sponsoring funds have been announced yet.
Summary
LetsBONK.fun is redefining how memecoin is created and traded on Solana, not just a token creation tool but also a growth driver for the entire BONK ecosystem. With transparent mechanisms, DeFi integration, and clear reinvestment strategy, this platform has demonstrated the power of the Web3 community when properly guided.
However, rapid growth also brings many challenges: from censorship issues, fraud to legal risks. Therefore, users need to carefully consider before participating or investing in newly launched memecoin, while also following updates from letsBONK.fun to maximize the potential of this platform.
