LetsBONK.fun (BONKfun) review

LetsBONK.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.

Anyone 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 for the mechanics.

LetsBONK 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.

LetsBONK 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.

On 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.

Before 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.

Each 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.

After 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.

A 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 explains what changes for traders after this step.

The 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.

The 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.

LetsBONK 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 for the live numbers side by side.

Bags 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.

We 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.