{"version":1,"source":"https://memefees.com","scope":"Published platform facts, reviews and referral guides. Live figures are available through /api/v1/catalog. Editorial dates are preserved from the original records.","terms":"https://memefees.com/methodology#data-license","count":1,"documents":[{"id":"review:letsbonk","kind":"review","slug":"letsbonk","title":"LetsBONK.fun (BONKfun) review","url":"https://memefees.com/reviews/letsbonk","updatedAt":"2026-10-01","sources":[{"label":"LetsBONK revenue allocation and change history","url":"https://revenue.letsbonk.fun/"},{"label":"LaunchLab platform fee and creator settings","url":"https://docs.raydium.io/user-flows/launchlab-platforms"}],"markdown":"The BONK community's Solana launchpad, now branded BONKfun. We checked its fees, graduation point and safety record against Raydium's public LaunchLab data and BONKfun's own posts on 1 October 2026.\n\n### Verdict\n\nLetsBONK.fun, which now calls itself BONKfun, charges 1.5% on each bonding-curve trade: a 1.25% platform fee plus a 0.25% Raydium fee, according to Raydium's public LaunchLab API on 1 October 2026. The curve pays the token creator 0%. A SOL-paired token graduates at 85 SOL into a Raydium CPMM pool.\n\nUse LetsBONK if you want your launch tied to the BONK community, because 51% of platform revenue buys BONK for the BNKK treasury. A curve trade costs more here than on pump.fun, and the creator earns nothing on the curve. In March 2026 attackers took over the site domain for about a week, so always check the address before you connect a wallet.\n\n### Pros\n\n- Launches can pair with SOL, USD1, BONK and other quote tokens, not only SOL\n- 51% of platform revenue buys BONK for the BNKK treasury, according to the LetsBONK revenue dashboard\n- A SOL-paired curve graduates at 85 SOL straight into a Raydium CPMM pool, and the config burns almost all LP tokens\n- Fee rates are public in Raydium's LaunchLab API, so you can check them yourself\n- After the March 2026 domain attack, BONKfun published what happened and said it would repay affected users 110% of their losses\n\n### Cons\n\n- A curve trade costs 1.5% in total, which is more than pump.fun charges on its curve\n- The curve creator fee is 0, and the 0.75% pool creator fee after graduation goes to a LetsBONK address\n- No referral program is published for LetsBONK, so there is no fee discount\n- Attackers took over the BONKfun domain from 11 to 18 March 2026 and used it to drain wallets\n- We found no company name on the site or in its X profile\n\n### Best for\n\n- Creators who want their launch tied to the BONK community and its treasury purchases\n- Creators who want to pair a token with SOL, USD1, BONK or another quote token\n- Traders who want to check fee rates themselves, because the rates are public in Raydium's LaunchLab data\n\n### Skip it if\n\n- You want the lowest curve fee. See pump.fun vs LetsBONK for the two fee schedules side by side\n- You want a creator share of curve fees. The LetsBONK config sets the curve creator fee to 0\n- You want to launch on an EVM chain. LetsBONK runs only on Solana, inside Raydium's LaunchLab program\n\n### What is LetsBONK.fun (BONKfun)?\n\nLetsBONK.fun is a Solana memecoin launchpad built around the BONK community. The site title now reads BONKfun, and its X account (@bonkfun) says you can launch on BONK.fun or letsBONK.fun. Both names point to the same launchpad. In this review we call it LetsBONK.\n\nAnyone can create a token on a bonding curve, the same model that pump.fun made popular. The price rises as buyers trade against the curve, with no presale and no manual liquidity setup. Read [how a bonding curve works](https://memefees.com/learn/bonding-curve) for the mechanics.\n\nLetsBONK runs on Raydium LaunchLab, a launch program that other branded launchpads also use. Raydium's public API lists three platform configs with the name \"letsbonk.fun\", each with its own fee settings. You can follow fees and market share on the [LetsBONK stats page](https://memefees.com/stats/letsbonk).\n\n### Is LetsBONK legit and safe?\n\nLetsBONK is a working launchpad. Its fee settings are public in Raydium's LaunchLab API, and its revenue dashboard at revenue.letsbonk.fun shows where platform revenue goes. You trade from your own Solana wallet, and the token contracts run in Raydium's LaunchLab program. We found no company name on the site or in its X profile.\n\nOn 12 March 2026, BONKfun said on X that a malicious actor had compromised its domain, and it told users not to use the website. In a post on 20 March 2026, BONKfun said that attackers used social engineering against its domain service provider on 11 March. The domain came back on 18 March, and wallet support returned late on 19 March. BONKfun put customer losses at $30,000 and said it would repay affected users 110% of their losses. It also said that its own systems, code and team accounts were not compromised.\n\nBefore you connect a wallet, check that the address is bonk.fun or letsbonk.fun. A token launched on LetsBONK can lose all its value. A completed curve shows only that buyers paid 85 SOL into it. It says nothing about the quality of the token.\n\n### LetsBONK fees\n\nEach curve trade pays a 1.25% LetsBONK platform fee and a 0.25% Raydium protocol fee, so a buy or a sell costs 1.5% in total. These rates come from the two letsbonk.fun configs that new launches used on 1 October 2026. A third letsbonk.fun config charges a 1% platform fee, and the newest launch we found on it was on 15 September 2026.\n\nAfter graduation, the Raydium CPMM pool charges a 0.5% trade fee plus a 0.75% pool creator fee. The pool creator is a LetsBONK address, so that fee goes to LetsBONK and not to the person who launched the token. Network fees on Solana are separate. To see how launchpads earn from these fees, read [how launchpads make money](https://memefees.com/learn/how-launchpads-make-money).\n\n### How LetsBONK graduation works\n\nA launch on LetsBONK deploys the token onto a LaunchLab bonding curve. A SOL-paired curve completes when it has raised 85 SOL. Tokens paired with other quote tokens, such as USD1, use other targets. Raydium then moves the liquidity into a CPMM pool, and the LetsBONK config burns almost all of the new LP tokens. Our guide to [memecoin graduation](https://memefees.com/learn/memecoin-graduation) explains what changes for traders after this step.\n\n### Creator fees and the BONK treasury\n\nThe LetsBONK config sets the curve creator fee to 0. After graduation, the 0.75% pool creator fee goes to an address that LetsBONK controls. LetsBONK does not publish how much of that fee, if any, reaches token creators. Compare this with other launchpads in our guide to [creator fees](https://memefees.com/learn/creator-fees).\n\nThe revenue dashboard allocates 51% of platform revenue to buying BONK for the BNKK Digital Asset Treasury. The rest goes to BONKsol staking, rewards, marketing and development. On 3 December 2025, the dashboard removed the old buy-and-burn allocation. Since then, the BONK that LetsBONK buys goes to a treasury and is not burned.\n\n### LetsBONK vs pump.fun\n\nLetsBONK copies the pump.fun model on Raydium's program. A curve trade on LetsBONK costs more, and pump.fun pays creators a share of its curve fee while LetsBONK pays 0. In DefiLlama fee data, LetsBONK earned more fees than pump.fun in three of the four weeks from 7 July to 3 August 2025. pump.fun was ahead again from the week of 4 August 2025. See [pump.fun vs LetsBONK](https://memefees.com/vs/pump-fun-vs-letsbonk) for the live numbers side by side.\n\nBags is a different Solana option that runs on Meteora's curve; see LetsBONK vs Bags. four.meme is the main launchpad on BNB Chain. The table below compares the fees of all four.\n\n### LetsBONK referral code\n\nWe found no published referral program for LetsBONK, and MemeFees holds no LetsBONK code. If you see a LetsBONK discount code elsewhere, treat it as unverified until LetsBONK confirms it.\n\n### LetsBONK fee table\n\n| Cost | Amount | Note |\n| --- | --- | --- |\n| Token launch | No platform fee published | LetsBONK has no fee page. Solana network and account costs apply. |\n| Curve platform fee | 1.25% of each buy and sell | Both configs that new launches used on 1 October 2026. A third letsbonk.fun config charges 1%. |\n| Raydium protocol fee | 0.25% of each buy and sell | Set in the LaunchLab curve config. Total curve cost: 1.5%. |\n| Curve creator fee | 0 | The LetsBONK platform config sets the creator fee rate to 0. |\n| Graduation point | 85 SOL raised (SOL pair) | Liquidity moves to a Raydium CPMM pool. The config burns almost all LP tokens. |\n| Pool fees after graduation | 0.5% trade fee + 0.75% creator fee | The pool creator fee goes to a LetsBONK address, not to the token creator. |\n\nSources: Raydium LaunchLab API (launch-mint-v1.raydium.io/main/platforms and /get/list for the letsbonk.fun platforms), Raydium CPMM config (api-v3.raydium.io/main/cpmm-config) and the LetsBONK revenue dashboard (revenue.letsbonk.fun). All checked on 1 October 2026.\n\n### Frequently asked questions\n\n### What is LetsBONK.fun?\n\nLetsBONK.fun is a Solana memecoin launchpad from the BONK community, built on Raydium LaunchLab. The site now calls itself BONKfun and also runs at bonk.fun.\n\n### Is bonk.fun the same as letsbonk.fun?\n\nYes. The @bonkfun X profile says you can launch on BONK.fun or letsBONK.fun, and both domains serve the same launchpad.\n\n### What are the LetsBONK fees?\n\nEach bonding-curve trade costs 1.5%: a 1.25% LetsBONK fee plus a 0.25% Raydium fee. After graduation, the Raydium CPMM pool charges 0.5% plus a 0.75% creator fee that goes to LetsBONK.\n\n### Is LetsBONK safe?\n\nThe launchpad works and its fee settings are public. In March 2026 attackers took over the BONKfun domain for about a week and drained some wallets. BONKfun put losses at $30,000 and said it would repay 110%. Check the address before you connect a wallet.\n\n### How much SOL does a LetsBONK token need to graduate?\n\nA SOL-paired curve graduates at 85 SOL. Raydium then moves the liquidity into a CPMM pool.\n\n### Is LetsBONK cheaper than pump.fun?\n\nNo. A LetsBONK curve trade costs 1.5% in total, which is more than pump.fun charges on its curve. LetsBONK also pays the creator 0% on the curve.\n\n### Did LetsBONK overtake pump.fun?\n\nFor a short time, yes. In DefiLlama fee data, LetsBONK earned more fees than pump.fun in three of the four weeks from 7 July to 3 August 2025. pump.fun was ahead again from August 2025.\n\n### Does LetsBONK have a referral program?\n\nWe found no published referral terms for LetsBONK, and MemeFees holds no LetsBONK code.","markdownUrl":"https://memefees.com/reviews/letsbonk.md"}]}