BONK teams up with Raydium to launch the launch platform Bonk Fun, as the Solana meme coin market faces multiple competitors.

ChainNewsAbmedia
BONK-4,41%
RAY2,59%
FUN-0,17%
SOL1,31%

Solana’s DOGE-themed meme coin $BONK officially announced yesterday on April 25, (, a collaboration with Raydium, the largest DEX in the Solana ecosystem, to launch a new asset launch platform called Bonk Fun. This platform is jointly developed by Bonk community members and the Raydium team, focusing on the issuance of meme coins, aiming to inject more vitality and innovation into the Solana ecosystem.

The Past and Present of Bonk: From Meme Coin to Ecological Promoter

BONK was officially launched on December 25, 2022, claiming to be the “people’s coin” and themed around Shiba Inu, quickly becoming the focus of the Solana ecosystem. At that time, BONK airdropped 50% of its total supply to the Solana community, which gained widespread user support. At the beginning of 2023, after being listed on multiple exchanges, BONK’s price skyrocketed over 2000% within just a week, becoming a hot topic in the market.

BONK Fun platform: Lower the threshold, stimulate innovation

The Bonk Fun platform is the latest collaboration between Bonk and Raydium. This platform allows users to launch any token directly on the website, with simple operations and low thresholds, making it particularly suitable for meme coin creators and enthusiasts. Bonk officials stated that part of the platform’s fees will be used to support the stability of the Solana network, with specific measures including the use of BONKsol validation nodes, as well as the repurchase and destruction of $BONK to enhance token value and repay the community.

The Role of Raydium: From DEX to Ecological Infrastructure

Raydium, as the largest DEX in the Solana ecosystem, is known for its high throughput and low trading fees. In March 2025, Raydium launched its own asset issuance platform, LaunchLab, and terminated its partnership with another meme coin platform, Pump.fun. This collaboration with BONK to launch Bonk Fun further strengthened Raydium’s influence in the Solana ecosystem, providing users with a more diversified asset issuance and trading experience.

This article announces that BONK has partnered with Raydium to launch the Bonk Fun platform, as the Solana meme coin market is caught in competition among multiple players, first appearing in Chain News ABMedia.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments