What Is LetsBONK.fun? A No-Coding Meme Coin Launchpad Platform on Solana
2025-09-08
Bittime - The memecoin world in the Solana ecosystem underwent a major transformation in 2025 with the arrival of LetsBONK.fun, a launchpad platform designed to make it easy for anyone to launch their own token.
No technical background or coding skills required—with just a few simple steps, memecoins can be traded on Solana DEXs like Raydium.
The platform was born from the BONK community, one of Solana's most iconic memecoins, in collaboration with Raydium.
The presence of LetsBONK.fun not only shifts Pump.fun's dominance, but also introduces a new economic model through a buyback mechanism that supports BONK and other tokens born from this platform.
LetsBONK.fun Background
LetsBONK.fun was born from the BONK community, the first dog-themed memecoin on Solana released in December 2022. BONK itself is known for its fair distribution via airdrop and strong community engagement.
From just a meme token, the BONK community evolved into the creators of a platform that brings real utility: a launchpad for memecoins.
A strategic partnership with Raydium, the largest DEX on Solana, provides the technological foundation for LetsBONK.
This integration ensures that new tokens launched through LetsBONK immediately gain access to liquidity through the Raydium pool, increasing user confidence.
Read also: What is Pump.fun and how does it work?
LetsBONK.fun Main Features
- No Coding– Anyone can launch a memecoin simply by connecting a wallet, filling in the name, symbol, logo, and token description.
- Raydium Integration– Tokens are automatically listed on the Raydium DEX, giving them immediate access to liquidity.
- Model Buyback– A portion of the platform revenue is used to buy back BONK tokens and the top 11 tokens launched through LetsBONK.
- Strong Community– As part of the BONK ecosystem, LetsBONK.fun receives massive social media support.
Advantages Compared to Competitors
Compared to Pump.fun, LetsBONK.fun offers added value in the form of a profit-sharing mechanism with the community.
Pump.fun is often criticized for being merely "extractive" without providing any return. Instead, LetsBONK.fun funnels revenue back into the BONK ecosystem and other memecoins.
Furthermore, LetsBONK.fun's UI is simpler, making it easier for new creators to launch tokens without technical hurdles. This makes LetsBONK.fun a top choice for the next generation of memecoin creators.
Read Also: Pump.fun: Understanding Meme Coin Risks and Challenges
Market Dominance and Comparison with Pump.fun
In July 2025, LetsBONK reached a historic milestone by capturing over 78% of the Solana launchpad market share, a dramatic increase from 13% in just one month.
This figure marks a significant milestone in the Solana launchpad market.big interest because previously Pump.fun dominated almost the entire sector.
The key to LetsBONK's success lies in its transparent business model, which is considered "fairer" than Pump.fun.
While Pump.fun has been widely criticized for its “extractive” model, LetsBONK shares value with the community through a buyback program and open revenue mechanism.
Impact on the Solana Ecosystem
LetsBONK.fun's dominance has driven a surge in activity in the Solana ecosystem. DefiLlama data shows the platform's daily revenue at one point surpassed Pump.fun by more than twofold.
This not only strengthens BONK's position as a leading token, but also grows the Solana memecoin ecosystem as a whole.
This rise also makes Solana increasingly known as a memecoin-friendly blockchain, competing with Ethereum and BNB Chain in terms of community token trading volume.
Read Also: Meet SunPump: TRON's New Memecoin Launcher and How It Compares to Pump.fun
How to Launch Tokens on LetsBONK
The process of launching a token on LetsBONK.fun is simple:
- Enter the official websiteLetsBONK.fun.
- Connect a Solana wallet (like Phantom).
- Click the button“Launch Coin”.
- Fill in the basic token information (name, symbol, description, and logo).
- Determine the initial allocation of tokens.
- Confirm the transaction in the wallet, and the token is immediately active in Raydium.
Risks and Considerations
While LetsBONK.fun offers great opportunities, there are some risks to be aware of:
- High Volatility– Memecoins are known to be volatile, prices can rise hundreds of percent and then fall drastically.
- Back Pull– There is no guarantee that the token creator will maintain liquidity.
- Regulation– The legal position of memecoins is still grey, which could be a challenge for both developers and investors.
- High competition– Although currently superior, competition from other launchpads such as Jupiter Studio could change the market map.
Read Also: Raydium, Pump.fun, and Jito Become Solana's Main Sources of Revenue
Conclusion
LetsBONK.fun has changed the way the Solana community views memecoins.
From mere internet jokes, memecoins now have a more structured platform with an economic model that benefits the community.
However, as with all innovations in the crypto world, the potential for large profits always comes with significant risks.
For anyone interested in getting involved, understanding the platform's mechanisms and being prepared for volatility are key.
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FAQ
What is LetsBONK.fun?
LetsBONK.fun is a memecoin launchpad platform on the Solana network that allows anyone to launch a token without coding skills, thanks to integration with Raydium.
When was LetsBONK.fun launched?
LetsBONK.fun officially launched in April 2025 and immediately gained significant attention due to its rapid growth in the Solana memecoin market.
Is LetsBONK.fun better than Pump.fun?
In July 2025, LetsBONK.fun surpassed Pump.fun in terms of token launch volume and daily revenue. However, the two remain in close competition within the Solana ecosystem.
How to create a token on LetsBONK.fun?
Users simply connect their Solana wallet, fill in the token details, specify the pre-purchase amount, and then sign the transaction. The tokens can be immediately issued to the market.
What are the risks of using LetsBONK.fun?
Like other memecoin platforms, the main risks include price volatility, potential rug pulls, and regulatory uncertainty in the DeFi sector.
Is LetsBONK.fun part of the BONK ecosystem?
Yes, LetsBONK.fun is part of the BONK ecosystem which was previously known as the first dog memecoin on Solana, now evolving into a platform with real utility.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
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