Solana-based memecoin launchpad LetsBonk has overtaken rival Pump.fun in 24-hour revenue, according to data from decentralized finance aggregator DeFiLlama.
In the past 24 hours, LetsBonk pulled in $1.04 million in revenue—nearly double Pump.fun’s $533,412—marking a rare shift in dominance within the Solana memecoin ecosystem, where Pump.fun has typically led the pack.
Both platforms provide user-friendly tools for launching and trading memecoins, but LetsBonk appears to be gaining momentum, fueled by strong backing from the BONK community and active social campaigns.
BONK, one of the most prominent memecoins on the Solana network, boasts over 430,000 followers on X. According to CoinGecko, it currently has a market cap of nearly $1.8 billion and a 24-hour trading volume of $1.2 billion, ranking it as the 58th largest cryptocurrency by market capitalization.
Pump.fun continues to lead in 30-day revenue rankings
LetsBonk, a memecoin launchpad on Solana, officially launched on April 25. The team describes it as a “self-serving launchpad for memecoins,” aiming to counter what it sees as predatory practices in the space.
“We believe memecoins are here to stay and want to offer an alternative platform that believes in Solana for the long term,” the LetsBonk team stated. They’ve also committed to rolling out advanced features, deeper integrations, and community-driven initiatives following the launch.
In addition, LetsBonk has partnered with Raydium’s new LaunchLab contract, giving users access to liquidity pools and bot integrations through the decentralized exchange (DEX).
Despite a recent spike in daily revenue, LetsBonk still trails behind Pump.fun in longer-term performance. According to DeFiLlama, Pump.fun has generated over $37 million in revenue over the past 30 days, while LetsBonk has brought in around $4.5 million during the same period.
BONK memecoin surges over 51% since the launch of LetsBonk
The growing momentum of the LetsBonk launchpad appears to have impacted the price of the BONK memecoin as well. According to CoinGecko, BONK was trading at approximately $0.00001535 on April 25, the day LetsBonk launched.
As of now, BONK is trading at $0.00002332—marking an increase of nearly 52% since the platform’s debut.
