What Is LetsBONK.fun and How to Launch a Token on It?

The Solana ecosystem has been a breeding ground for memecoins, with platforms like Pump.fun dominating token creation. In 2025, however, a new competitor emerged from the BONK community: LetsBONK.fun. 

This launchpad quickly gained traction by offering transparency, community-driven features, and a fairer revenue model. Within months of its April 2025 launch, LetsBONK.fun overtook Pump.fun as the leading memecoin launchpad on Solana.

In this article, we will explore what LetsBONK.fun is, why it matters, and how you can launch your own token on the platform.

Key Takeaways

• LetsBONK.fun is a memecoin launchpad created by the BONK community with technical support from Raydium.
• It allows anyone to launch a Solana-based token with a simple, user-friendly process.
• The platform grew from 13% to over 78% market share in July 2025, overtaking Pump.fun.
• Revenues are used for buybacks of BONK and top tokens launched on LetsBONK, strengthening the ecosystem.
• Launching a token involves connecting a wallet, setting token details, and confirming transactions.

What Is LetsBONK.fun?

LetsBONK.fun is a token launchpad platform that enables users to create their own memecoins on Solana. Unlike traditional token launch methods, which often required complex coding or insider access, LetsBONK makes it easy for anyone to launch a token in just a few clicks.

The platform was launched in April 2025 by the BONK community in partnership with Raydium, Solana’s largest decentralized exchange (DEX). By July 2025, LetsBONK.fun had already surpassed Pump.fun, the previous leader in this space, in both usage and revenue.

Read Also: Bonk.fun, Your Gateway to Meme Coin Creation on Solana

The BONK Ecosystem Connection

BONK started as Solana’s first major dog-themed memecoin in December 2022, when 50% of its supply was airdropped to the community. Since then, it has grown into a broader ecosystem with products like BONKBot and now LetsBONK.fun.

Revenues generated from LetsBONK are used to buy back BONK tokens and also to support the top-performing tokens launched through the platform. This creates a symbiotic relationship between BONK and the tokens it helps incubate, reinforcing its place as more than just a meme but a utility-driven ecosystem.

Raydium Partnership: The Technical Backbone

Raydium initially launched its own competitor to Pump.fun called LaunchLab but struggled to attract users. Instead of competing directly, Raydium partnered with BONK, providing the technical infrastructure for LetsBONK.

This partnership was key to LetsBONK’s success because:

• It integrated Raydium’s liquidity pools.
• It provided a ready-made SDK for token creation.
• It ensured seamless trading experiences for new tokens.

The combination of Raydium’s technical expertise and BONK’s community power helped LetsBONK succeed where LaunchLab could not.

Read Also: Pump.fun Surges Back to Dominance in Solana Memecoin

How LetsBONK.fun Works

The LetsBONK platform simplifies token creation into a straightforward process. It offers:

• Simple Interface: No coding required.
• Liquidity Integration: Automatic pairing with Raydium pools.
• Revenue Sharing: A portion of platform fees is used to buy back BONK and other memecoins.
• Community-Centric Model: Weekly buybacks of the top 11 launched tokens.

This transparency and fairness addressed growing criticism of Pump.fun, which many accused of being extractive and not reinvesting into its community.

How to Launch a Token on LetsBONK.fun

Launching a token on LetsBONK.fun is designed to be easy and fast. Here is the step-by-step process:

1. Visit the Website: Go to letsbonk.fun.
2. Connect Your Wallet: Use a Solana-compatible wallet like Phantom or Solflare.
3. Click “Launch Coin”: Found on the homepage’s top right corner.
4. Fill in Token Details: Enter the token name, symbol, and upload an image.
5. Pre-Purchase Tokens: Decide how many tokens you want to reserve before public launch.
6. Sign the Transaction: Confirm through your wallet.
7. Token Goes Live: Your token is now available on Solana with integrated liquidity.

The process is designed to democratize token creation, making it possible for anyone to launch a memecoin.

LetsBONK vs Pump.fun

The rise of LetsBONK was fueled by dissatisfaction with Pump.fun. Users criticized Pump.fun for extracting fees without reinvesting into the ecosystem. LetsBONK solved this by implementing:

• Revenue buybacks of BONK and other tokens.
• Transparent distribution mechanisms.
• A community-first approach.

By July 2025, LetsBONK had captured nearly 80% of the memecoin launchpad market share on Solana, while Pump.fun dropped below 13%.

Risks and Considerations

While LetsBONK has seen success, users should be aware of potential risks:

• Volatility: Memecoins remain highly speculative.
• Rug Pulls: Token creators can still remove liquidity despite fair launch mechanisms.
• Regulation: Launchpads may face future regulatory scrutiny.
• Security: DeFi platforms carry smart contract and technical risks.

Users should approach with caution and avoid investing more than they can afford to lose.

Final Thoughts

LetsBONK.fun has transformed BONK from a dog-themed memecoin into the heart of a thriving ecosystem. By combining Raydium’s infrastructure with BONK’s community-driven approach, it has become Solana’s leading memecoin launchpad in less than six months.

For creators, LetsBONK offers a simple, fair, and transparent way to launch a token. For the wider Solana community, it represents a shift toward platforms that prioritize users and reinvest in their ecosystems.

As competition heats up with Pump.fun and new entrants like Jupiter Studio, LetsBONK’s future will depend on whether it can maintain innovation and community trust. For now, it stands as one of the most important platforms shaping the memecoin space in 2025.

Read Also: Solana Price and Letsbonk: Powering 2025's Crypto Growth

FAQ

What is LetsBONK.fun?

LetsBONK.fun is a Solana-based memecoin launchpad created by the BONK community with support from Raydium, enabling easy token launches.

How do I launch a token on LetsBONK?

You can launch a token by connecting your wallet, filling in token details, reserving tokens, and confirming the transaction directly on the LetsBONK website.

Why did LetsBONK overtake Pump.fun?

LetsBONK gained market share by offering revenue-sharing, BONK buybacks, and community-focused features, which Pump.fun lacked.

Does LetsBONK guarantee safe tokens?

No. While the platform ensures fair launches, token creators can still rug pull or abandon projects. Users should exercise caution.

What role does BONK play in LetsBONK?

Revenues from LetsBONK are used to buy back BONK and support top tokens launched on the platform, strengthening the BONK ecosystem.