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LetsBonk.fun

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anchored·4pb7kB…J5tW

Summary

LetsBonk.fun, later rebranded as Bonk.fun, is a Solana-based memecoin launchpad launched on April 25, 2025 by the BONK community in partnership with Raydium Protocol. The platform rose to capture over 78% of Solana launchpad market share at its mid-2025 peak before experiencing steep decline, and suffered a domain hijack and wallet-drainer attack in March 2026. The platform's permissionless token creation model, built-in multi-wallet bundler tooling, and community reports alleging the platform hosted 'KOL-backed bundled scams' present elevated risk for retail investors.

Connected Entities

1 entities
Organizations
LetsBonk.fun
Relationships
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Timeline(12 events)

25 April 2025

LetsBonk.fun officially launched on Solana as a collaboration between the BONK community and Raydium Protocol.

Flipster Blog / CoinGecko

8 July 2025

LetsBonk.fun captures 65.9% of Solana token launches in a single day, surpassing Pump.fun for the first time. Daily revenue surges to over $1.1 million.

StepData Substack

9 July 2025

LetsBonk.fun (Bonk.fun) records $199 million in daily trading volume, reported by CoinDesk.

CoinDesk

25 July 2025

LetsBonk.fun peaks at approximately 84% of Solana launchpad market share, with Pump.fun falling to roughly 12%.

AInvest

20 August 2025

LetsBonk.fun token graduation rate collapses to approximately 5 tokens per day, down from a peak of 200-300. Platform market share falls sharply as Pump.fun rebounds.

Bonk Coin and LetsBonk Explained — DataWallet

October 2025

America.Fun launches as a special projects arm of BONK in partnership with WLFI and Raydium, expanding the broader BONK ecosystem.

Crypto Daily

31 December 2025

By year-end 2025, LetsBonk.fun market share falls to approximately 7%, with monthly revenue at $84,000 versus Pump.fun's $720,000.

MEXC News / CryptoTimes

4 January 2026

LetsBonk.fun reports a 600% revenue surge over January 3-4, with single-day fees peaking at $352,793.

KuCoin Blog

14 January 2026

Bonk.fun slashes creator fees to 0% in a competitive fee war with Pump.fun.

CryptoNews

12 March 2026

Bonk.fun (formerly LetsBonk.fun) suffers a domain hijack via a compromised team account. Attackers deploy a wallet drainer behind a fake Terms of Service prompt. Founder 'Tom' warns users on X to avoid the domain.

CryptoTimes / CryptoRank

March 2026

CryptoRugMunch posts on X alleging that the Bonk launchpad 'pivoted from community growth to hosting a cesspool of KOL-backed bundled scams' (low-confidence, single social media source).

X / CryptoRugMunch

12 June 2026

LETSBONK token daily trading volume reported at approximately $47,000, reflecting sustained decline from 2025 peaks.

CoinMarketCap AI / CoinGecko data
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (4 events). 22 of 24 cited source URLs have an Internet Archive snapshot.

Fact-checked 2026-09-0936 claims checked9 corrections pending0 applied⛓ anchoredSee findings →

model: claude-sonnet-4-6

generated: 6/14/2026, 11:12:34 PM

last updated: 8/25/2026, 8:23:55 AM

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