LetsBonk has dealt an unexpected blow to market leader Pump.fun, doubling its daily revenue to $1.04 million. The new blockchain-based memecoin startup platform, built on Solana, has shifted the balance of power in the niche in just one day.
Daily revenues of LetsBonk highlighting the revenue surge. Source: DefiLlama
According to data from DeFi aggregator DefiLlama, LetsBonk, the brainchild of the BONK team, generated record revenues, leaving behind the recognized giant with its modest $533,412. Such an event is rare in the Solana memecoin ecosystem, where Pump.fun has traditionally reigned without competitors.
What sets LetsBonk apart? At first glance, it appears to be an ordinary platform for creating and trading memcoins. However, its success lies in the strong support of the BONK community and well-executed social campaigns.
BONK is not just another memecoin. With a capitalization of nearly $1.84 billion and more than 430,000 followers on the X social network, this token ranks 58th among all cryptocurrencies by market value. Its daily trading volume is an impressive $1.14 billion.
Source: CoinCodex
The LetsBonk team launched the platform on April 25, calling it a “self-service memecoin marketplace.” The developers make no secret of their ambitions—they intend to eliminate what they view as predatory industry practices.
Introducing https://t.co/YRGAhlNDki, the @BONK_inu community’s self‑serving launchpad for meme coins!
For too long, the meme coin market’s been plagued by predatory actors—now it’s time for a change.❗️❗️❗️
Our core team has been building on Solana for 4+ years, contributing… pic.twitter.com/3GPD3Lfk5g
— letsBONK.fun (@bonk_fun) April 25, 2025
“We believe meme coins are here to stay and want to offer an alternative platform that believes in Solana for the long term.,” the LetsBonk team said. The promises sound enticing: advanced features, deep integration, and community-driven development.
LetsBonk’s ambitions are bolstered by a strategic partnership with decentralized exchange Raydium. The collaboration includes integration with Raydium’s new LaunchLab contract, giving users access to liquidity pools and integration with trading bots.
We’re proud to partner with @RaydiumProtocol’s new LaunchLab contract—so you get instant access to Raydium pools and bot integrations from day one.https://t.co/YRGAhlNDki users are also eligible for the LaunchLab Prize Pool with 50k $RAY already up for grabs.
— letsBONK.fun (@bonk_fun) April 25, 2025
However, it is too early to dismiss Pump.fun. While LetsBonk has surpassed it in daily revenue, Pump.fun continues to lead in long-term performance. Over the past 30 days, Pump.fun has generated over $37 million, compared to LetsBonk’s $4.5 million.
The success of LetsBonk has not gone unnoticed by BONK holders. The token has shown impressive growth since the launch of the new platform. On April 25, BONK traded at about $0.00001535, and at the time of writing, its value was $0.00002332—an increase of almost 52%.
This dynamic shows the close relationship between the success of the platform and the value of its native token. The more users LetsBonk attracts, the higher the interest in the BONK ecosystem as a whole.
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Source:: New LetsBonk Platform Beats Pump.fun in Daily Revenue