Pump.fun vs LetsBONK.fun: Solana Meme-Launchpads, Successful Launches, Rugs, Volume And Trending Tokens To Watch

Main Idea
Pump.fun and LetsBONK.fun are Solana memecoin launchpads with different mechanics; LetsBONK.fun surpassed Pump.fun in usage and revenue by mid-2025 due to its Raydium-backed liquidity model.
Key Points
1. Pump.fun, launched in January 2024, enabled over 2 million token creations and generated $100M+ revenue using a bonding-curve fair launch model.
2. LetsBONK.fun, launched in April 2025, overtook Pump.fun in daily volumes and revenue by July 2025, capturing 78% of Solana launchpad activity due to its default Raydium liquidity integration.
3. Pump.fun tokens like TrollHouse, Vine Coin, and Fartcoin showed high trading volumes, while LetsBONK.fun's top tokens included Useless Coin and Hosico Cat.
4. Pump.fun uses a bonding-curve model where tokens gain liquidity after reaching a threshold, whereas LetsBONK.fun provides immediate liquidity via Raydium pools from launch.
5. Both platforms have successful tokens (e.g., Fartcoin, Useless Coin) and failed launches, but LetsBONK.fun's structure reduces rug risks by locking liquidity from the start.
Description
Pump.fun was an early Solana memecoin launchpad (launched Jan 2024). It lets anyone create a token with no code. Since launch, it powered over 2 million tokens and $100M+ revenue. Pump.fun uses a transparent “fair launch” model: no pre-sales or team allocation, just bonding-curve token creation. By mid-2025, however, LetsBONK.fun (Apr 2025) surged past Pump.fun. CoinGecko notes LetsBONK.fun “dethroned Pump.fun” in daily volumes and revenue in July 2025. LetsBONK.fun (Bonk.fun) Overview LetsBONK....
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