The Launchpad War Heats Up
@bonk_fun and @pumpdotfun are locked in a slug-fest for Solana’s launchpad crown.
One month of Bonk dominance has flipped the revenue leaderboard—and the numbers are brutal.

Daily Token Supply

• Pre-Bonk: Pumpfun minted a steady 30 k–40 k tokens/day.

• Post-Bonk: total daily launches across all platforms remain flat, but Bonk is now minting 25 k+ tokens/day while Pumpfun has slipped below 10 k/day.

Market-Cap Flywheel
As Bonk’s issuance surges, so does aggregate market cap.
The count of tokens > $1M keeps climbing in lock-step with Bonk’s expanding market share.

Top Performers
Over the last seven days, the highest-cap launches have overwhelmingly originated on Bonkfun—a clear sign that traders are voting with their liquidity.

The HF Trader Anomaly
Curiously, Pumpfun still hosts a higher share of high-frequency traders than Bonk.
That either means more professional scalpers or bot activity—a potential ace up Pump’s sleeve if it can leverage that speed edge.

Third-Party Routing Divergence

• Bonkfun: > 67 % of volume now comes through external trading apps.

• Pumpfun: external share has fallen from > 50 % to ~30 %, suggesting some traders are retreating to native interfaces—or leaving altogether.

From King to Underdog
Only a few months ago Pump reigned supreme.
Raydium and Bonk’s recent blitz has since sliced its market share.
With fresh funding and new token mechanics in the pipeline, all eyes are on how (and how fast) the Pump team will counter-punch.

The Launchpad War Heats Up
@bonk_fun and @pumpdotfun are locked in a slug-fest for Solana’s launchpad crown.
One month of Bonk dominance has flipped the revenue leaderboard—and the numbers are brutal.

Daily Token Supply

• Pre-Bonk: Pumpfun minted a steady 30 k–40 k tokens/day.

• Post-Bonk: total daily launches across all platforms remain flat, but Bonk is now minting 25 k+ tokens/day while Pumpfun has slipped below 10 k/day.

Market-Cap Flywheel
As Bonk’s issuance surges, so does aggregate market cap.
The count of tokens > $1M keeps climbing in lock-step with Bonk’s expanding market share.

Top Performers
Over the last seven days, the highest-cap launches have overwhelmingly originated on Bonkfun—a clear sign that traders are voting with their liquidity.

The HF Trader Anomaly
Curiously, Pumpfun still hosts a higher share of high-frequency traders than Bonk.
That either means more professional scalpers or bot activity—a potential ace up Pump’s sleeve if it can leverage that speed edge.

Third-Party Routing Divergence

• Bonkfun: > 67 % of volume now comes through external trading apps.

• Pumpfun: external share has fallen from > 50 % to ~30 %, suggesting some traders are retreating to native interfaces—or leaving altogether.

From King to Underdog
Only a few months ago Pump reigned supreme.
Raydium and Bonk’s recent blitz has since sliced its market share.
With fresh funding and new token mechanics in the pipeline, all eyes are on how (and how fast) the Pump team will counter-punch.