Best Solana Memecoin Launchpads 2026: Pump.fun vs StonkFun

Solana Memecoin Launchpad Rankings by Fees (October 2026)

On 4 October 2026, Pump.fun earned nearly three times as much in fees as every other Solana launchpad in this table put together (DeFiLlama).

Platform	Daily fees	30-day fees	Creator fee	Coins graduate to	Buyback / where revenue goes	Status
Pump.fun	~$2.40M	~$50.4M	0.05% to 0.95%, by market cap	PumpSwap	50% buys back and burns PUMP (until ~April 2027)	Leader
StonkFun	~$577K	~$29.5M	Not published	Raydium (via LaunchLab)	~60% buys back and burns STONK	Clear #2
Raydium LaunchLab	~$249K	~$11.0M	Optional, set by the launchpad or creator	Raydium	Part of fees buy RAY	Infrastructure behind StonkFun and BONK.fun
BONK.fun	~$1.06K (October average, own dashboard)	~$6.4K so far in October (own dashboard)	0% in Classic mode, higher in BONKERS	Raydium	51% buys BONK for Bonk Inc’s treasury	Near-dormant
Bags, Heaven, Boop.fun, Believe	~$0 to ~$2.3K	Bags ~$377K, others ~$0	n/a	n/a	n/a	Dead

Fees are one way to compare these launchpads. They show where traders are right now, which isn’t the same as which one suits you. Figures are fees paid on each launchpad over the last day and 30 days, from DeFiLlama (pulled 5 October 2026, daily figure is 4 October; Bags’ 30-day figure checked 6 October), checked against each platform’s own data where it publishes any. LaunchLab’s total includes StonkFun’s launches. Its DeFiLlama figure also jumped on 9 September 2026, which looks like a change in what DeFiLlama counts, so its rise since February isn’t all new activity.

Why BONK.fun uses its own numbers: DeFiLlama shows BONK.fun at about $199K on 4 October. BONK.fun’s own revenue dashboard shows $6.38K in platform fees for all of October so far, a daily average of about $1.06K (checked 6 October 2026). DeFiLlama’s BONK.fun figure jumped on 6 September, the same day StonkFun’s did, and both run on LaunchLab. Until that’s explained, I’m going with BONK.fun’s own figures.

Pump.fun Is Still the Default

What Is Pump.fun?

Pump.fun is the Solana memecoin launchpad that created the model everyone else copies, and it has won back every launchpad war so far. Anyone can create a coin in under a minute. It trades on a bonding curve, meaning the price rises automatically as people buy, and once the curve fills the coin graduates to a normal trading pool. No presale, no team allocation.

It’s still the biggest by a long way: about $2.40M a day in launchpad fees, plus another $5.16M a day on PumpSwap, the exchange where its graduated coins trade (DeFiLlama, 4 October 2026). Pons out-earned its launchpad every day from late August to late September. StonkFun only beat it on three separate days: 6, 11 and 21 September, and DeFiLlama flags 6 September as including a one-off harvest. By early October Pump.fun was back on top, while both of them had dropped hard from their peaks.

What Changed in 2026

Graduated coins go to PumpSwap. That’s been true since Pump.fun launched PumpSwap in March 2025, and the LP tokens are burned, so graduated liquidity can’t be pulled.
There’s a PUMP token, but no airdrop. PUMP launched through a $600M public sale in July 2025 (150 billion tokens at $0.004, per Pump.fun’s sale terms). The free community airdrop teased at the time never came. Our Pump Fun Airdrop Guide tracks any news.
Half of revenue buys back and burns PUMP, for a year. In April 2026 Pump.fun burned all the PUMP it had bought back so far, about $370M, and set up a locked contract that spends 50% of net revenue on buyback and burn for one year (Pump.fun’s April 2026 announcement and its PUMP token page). That covers the bonding curve, PumpSwap and Terminal, and runs until around April 2027.
The creator fee is small unless your coin actually runs. Per Pump.fun’s fee docs (checked 6 October 2026), on a SOL pair the creator gets 0.30% on the bonding curve and in the pool up to a 420 SOL market cap (about $51K with SOL near $121 on 6 October). It rises to 0.95% from 420 to 1,470 SOL, then steps down as the coin grows, to 0.05% from 98,240 SOL up. The docs have the full tiers, including separate ones for USDC pairs. Don’t launch on Pump.fun for the creator fee: most coins never get far enough for it to matter. Creators can split fees across up to 10 wallets, and since September can launch “holder rewards” coins that pay the creator fee to holders instead.
Stock and asset pairs arrived. Since 9 September 2026, per Pump.fun’s Custom Pairs announcement, you can pair a Pump.fun coin with an initial list of 93 tokenized stocks, metals and crypto assets from xStocks and Sunrise. That overlaps with StonkFun’s main feature, though StonkFun still offers far more stock and asset pairs. Since 8 October 2026, new Pump.fun coins can also pair with any coin launched on Pump.fun.
The app trades multichain. It can trade on Ethereum, Base and BNB Chain using SOL from one wallet. Launching is still Solana only.
Callout rewards pay USDC. You can get paid daily when people trade a coin you called. The formula changed on 4 October 2026 to pay more for fewer, better calls. Be careful who you follow, though: plenty of accounts are spamming calls on tiny coins just to farm the rewards, and the people who ape those calls are the ones paying for it. Full breakdown in our Callouts guide.

Pros and Cons

Good:

The most traffic and liquidity on Solana by far
Every major trading tool supports it, including Axiom, GMGN and Trojan, with more in our Solana trading bots hub
The buyback is enforced by a locked contract, so the team can’t quietly stop it before April 2027

Not so good:

Saturated. Getting noticed without a following is hard
Burned LP means the liquidity can’t be pulled, but the creator can still dump their bag, so check where a coin’s liquidity sits before you buy

If you want a new coin seen, or want to trade new coins with real liquidity behind them, this is still where the volume is. Just don’t come expecting the PUMP airdrop.

StonkFun: The Pump.fun Alternative for Stock-Paired Coins

What Is StonkFun?

StonkFun (stonkfun.xyz, sometimes written Stonk.fun) is a Solana launchpad where your coin can be paired with something other than SOL: a tokenized stock or ETF (Nvidia, Tesla, Apple, the S&P 500 via xStocks), pre-IPO tokens like OpenAI and Anthropic, gold, stablecoins, currencies, or other crypto. It lists over 500 pairing assets (StonkFun’s public pairs list, 6 October 2026). Buy a coin paired with NVDA and the pool holds tokenized Nvidia instead of SOL.

Pump.fun now has a short list of stock pairs, but StonkFun will let you pair against almost anything, and that’s what made the September run happen. It first showed up on DeFiLlama in late July 2026. In early September, Raydium opened LaunchLab to any pairing asset and StonkFun moved its launches onto it. Its daily fees on DeFiLlama went from about $200K on 5 September to $1.5M on 6 September, though DeFiLlama flags that day as including a one-off Raydium Burn & Earn harvest. They were still about $923K the next day, peaked at $2.3M on 11 September, and were about $577K on 4 October (DeFiLlama’s StonkFun page).

I haven’t launched a coin on StonkFun, but I’ve LPed and traded StonkFun coins on Meteora, profitably (more on that below). The launch details here come from its docs, its public data and DeFiLlama. If the tokenized stocks underneath are new to you, our xStocks guide explains how they work.

How a Launch Works Now

New launches run on a Raydium LaunchLab bonding curve:

Connect any Solana wallet on the StonkFun app
Pick what to pair your coin with
Set the name, image and links, and sign once
The coin trades on a bonding curve. For a SOL pair the curve fills once 85 SOL has gone in. With SOL at about $121 that means it starts around a $3.4K market cap and completes just under $50K (StonkFun’s launch pricing data, 6 October 2026). Pairs with other assets are sized to match that same 85 SOL value, so the dollar figures move with the SOL price
Then it moves to a Raydium pool

StonkFun’s docs still describe an older launch method that goes straight into a Raydium pool with no curve. New launches go through LaunchLab now, so go by what the app shows you.

How I LP StonkFun Coins on Meteora

This is where StonkFun has been good to me. Once a StonkFun coin got going, the Meteora pool was often the main pool it traded in, so aggregators like Jupiter routed trades through it. In Meteora DLMM pools you pick your own fee tier, so I could undercut the other pools’ fees. That matters because an aggregator is hunting for the best price on every trade. A lower fee means a better price through your pool, so more of the routed volume comes your way, and that volume is what pays you.

These coins dump as fast as they pump. If the price falls out the bottom of your range, your position ends up all in the coin as it keeps dropping, so read up on how impermanent loss eats LP profits before you try it. I post my LP results, wins and losses, on X at @RazzaeR if you want to see how it actually goes.

The Numbers

About $577K a day in fees and $29.5M over 30 days (DeFiLlama, 4 October 2026)
$33.0M of lifetime revenue, $19.7M of it spent buying back STONK (StonkFun’s public revenue data, 6 October 2026)
About 60% of platform revenue buys and burns STONK, 40% goes to the treasury (StonkFun’s platform revenue docs)
4,734 of 174,935 coins have ever reached the $40K market cap that StonkFun’s own stats count as “graduated”, about 2.7% (StonkFun’s public stats, 6 October 2026). That’s a lower mark than the curve completion above

That 2.7% is the number I’d keep in mind. Most of these coins are a quick in and out, so size any trade or LP position like it could go to zero.

The Catches

No audit appears in its docs
Your coin carries the risk of whatever it’s paired with. StonkFun’s own docs warn that a pairing asset that can be frozen or reprinted can make a launch worthless
The creator’s share of fees on the current launch method isn’t published
“Reward coins” carry a permanent tax on every transfer
Fees are well off the September peak

If your coin’s whole story is a stock, pre-IPO or asset pair Pump.fun can’t offer, launch it here. For a plain SOL memecoin, Pump.fun has far more people looking. StonkFun has cooled off a lot since September. When the stock-pair meta picks up again, this is where I’ll be looking for pools.

Raydium LaunchLab Fees and How It Works

Raydium LaunchLab is Raydium’s launchpad infrastructure. Most people meet it through the launchpads built on it: StonkFun and BONK.fun both run on LaunchLab, which is why it went from about $2K a day in February to about $249K now. Some of that is StonkFun moving over in early September, after Raydium let LaunchLab pair coins with any token. Another jump on 9 September looks like DeFiLlama starting to count platform and creator fees, which its LaunchLab methodology now includes. DeFiLlama hasn’t published a date for that change.

You can also launch on it directly at raydium.io. Per Raydium’s docs, trades on the bonding curve pay a 1% fee, split between the pool and the LaunchLab treasury. The launcher sets the graduation target, with a minimum of 24 SOL, and once it’s hit the coin moves to a Raydium CPMM pool with standard pool fees. Creators can add their own fee on the curve, and Raydium’s docs say to check the on-chain settings rather than assume a creator share after graduation.

Part of LaunchLab’s fees go to RAY buybacks, and across the whole protocol Raydium said on 31 August 2026 that it had bought back over 30% of RAY’s circulating supply, held rather than burned.

It’s a builder’s tool: use it if you want your own branded launchpad with your own curve and pairing asset. Most traders don’t need to think about it. You’ll use it without noticing every time you buy a StonkFun coin.

BONK.fun (LetsBonk) No Longer Burns BONK

BONK.fun, also letsbonk.fun, is the BONK community’s launchpad. It’s built with Graphite Protocol and runs on Raydium LaunchLab. If you remember it as the launchpad that burns BONK, that changed in December 2025.

Per its official dashboard, 51% of platform revenue now buys BONK for Bonk Inc’s treasury, and the rest goes to BONKsol staking, marketing, development and BonkRewards. None of it is burned. So trading here no longer shrinks BONK’s supply, and that was the whole pitch. Since January 2026 there are two launch modes: “BONK Classic” with no creator fee and a 0.30% swap fee, and “BONKERS” with a higher creator fee and a lower swap fee.

BONK.fun’s best moment was July 2025, when it briefly out-earned Pump.fun. By its own dashboard it’s now close to dormant: about $1.06K a day in fees in October, a rounding error next to Pump.fun.

Unless you’re in the BONK crowd and want Classic mode’s zero creator fee, there’s no reason to launch here right now. Prefer trading from Telegram? See our BonkBot review.

What About Pons?

Pons out-earned Pump.fun’s launchpad every day from late August to late September 2026, peaking at about $11M in fees on 5 September, and it still makes more a day than StonkFun (DeFiLlama). But Pons is on Robinhood Chain, and there’s no Solana version. Its V2 docs say it is live on Robinhood Chain only, and every deployed contract address they list is on that chain.

Before you go looking:

Launching is whitelist only for now, per its V2 docs
Its V2 contracts are still unaudited, with three audits in progress (Pons’ V2 docs, checked 6 October 2026)

Unless it comes to Solana I wouldn’t spend time on it. I’ll add it here if that changes.

Dead Launchpads: Bags, Heaven, Boop.fun, Believe

Bags: the #2 at the start of the year, averaging about $647K a day in fees in January. It was down to about $2.3K on 4 October (DeFiLlama). Skip.
Heaven: $0 in fees since June 2026, with no announcement either way.
Boop.fun: effectively $0 since February 2026, and its founder stepped back to an advisor role in November 2025. If you farmed BOOP points early, our Boop.fun airdrop guide covers claiming.
Believe: about $0 in fees, and facing a class action filed in New York federal court (Southern District) in March 2026, per the complaint. Avoid.

Moonshot Create (about $1K on 4 October, per DeFiLlama) and Jupiter Studio (a few hundred dollars a day) still work, but they’re niche.

Which Solana Memecoin Launchpad Should You Use? It Depends What You’re Doing

You want to launch a memecoin

Honestly, for most people it’s Pump.fun. If you don’t have a following, you need every eyeball you can get, and that’s where they are. Its initial list of 93 stock and asset pairs covers the popular ones too. StonkFun if your coin’s whole story is a pairing Pump.fun doesn’t offer, like a pre-IPO token. BONK.fun’s Classic mode if you’re in the BONK community and want no creator fee.

You want to trade new coins early

Pump.fun, then StonkFun. If you LP like me, StonkFun coins on Meteora are where I’d look when the stock-pair meta is running. The volume gets routed through a small number of pools, and that’s what pays. Trade through a proper terminal rather than the launchpad’s own page: Axiom, Ape Pro by Jupiter, GMGN, Photon, Terminal (formerly Padre) or Trojan. If you’d rather trade from your phone, the FOMO app is the simplest option.

You want to earn without trading

No live launchpad has an airdrop worth farming right now. The nearest thing is Pump.fun Callouts, which pay USDC daily when people trade coins you called. Treat it as a bonus for calls you’d make anyway. Farming it with spam calls on tiny coins just burns your followers.

You’re building a protocol that needs a token

Raydium LaunchLab for your own launchpad with your own curve and pairing asset. Jupiter Studio if you want to launch coins from code.

Risks to Watch

Most coins go nowhere. About 2.7% of StonkFun coins have ever hit its $40K mark. Treat every new launch as likely to go to zero.
Buybacks can change. Pump.fun’s is locked by contract until about April 2027. Most others are policies a team can change whenever it likes.
Some contracts are unaudited. StonkFun shows no audit, and Pons V2 is unaudited. Use a separate wallet for new launches and keep up basic wallet security habits.
Paired assets carry their own risk. A coin paired with a tokenized stock depends on that stock token. If it gets frozen or loses its peg, your pool is stuck with it.
Fee data is rough. DeFiLlama counts different things for different launchpads and sometimes gets one wrong, as with BONK.fun above. Good for seeing who’s growing. I wouldn’t trust the exact numbers.

FAQ

What is the best memecoin launchpad on Solana in 2026?

Pump.fun is the best Solana memecoin launchpad in 2026 for getting a coin seen and trading new coins with real liquidity, with about $2.4M a day in fees (DeFiLlama, 4 October 2026) and the most traffic. For pairing a coin with a stock or pre-IPO token, StonkFun. For building your own launchpad, Raydium LaunchLab.

What is the best Pump.fun alternative on Solana?

StonkFun, if you want to pair a coin with a stock, pre-IPO token or other asset. It’s the only one close to Pump.fun’s volume right now, at about $577K a day in fees. For a plain SOL memecoin there isn’t a real alternative to Pump.fun right now.

Is StonkFun better than Pump.fun?

For a plain memecoin, no: Pump.fun has about four times the daily fees, so more people will see your coin. For a stock or asset-paired coin, StonkFun is better: it lists over 500 pairing assets against Pump.fun’s initial 93. About 60% of StonkFun’s revenue buys and burns its STONK token.

BONK.fun vs Pump.fun: which is better?

For reach, Pump.fun, comfortably: BONK.fun (LetsBonk) shows about $1.06K a day in fees in October on its own dashboard, against about $2.4M a day on Pump.fun. BONK.fun’s case is Classic mode, with no creator fee, if you’re in the BONK community.

Pump.fun vs Moonshot: which is better?

Pump.fun, by a mile. On 4 October 2026 Moonshot Create did about $1K in fees against about $2.4M on Pump.fun’s launchpad (DeFiLlama). Moonshot still works, but few traders are watching new coins there.

What is the difference between Pump.fun and Raydium LaunchLab?

Pump.fun is a launchpad you use directly, and its coins graduate to PumpSwap. Raydium LaunchLab is mainly infrastructure that other launchpads, including StonkFun and BONK.fun, are built on, and its coins graduate to Raydium. Direct LaunchLab launches pay a 1% fee on the bonding curve, per Raydium’s docs.

Did Pump.fun ever airdrop the PUMP token?

No. PUMP launched through a public sale in July 2025, but the free community airdrop that was teased never arrived. Our Pump Fun Airdrop Guide tracks any news.

The Bottom Line

If you want to learn one launchpad, make it Pump.fun: it keeps winning the launchpad wars, and its 50% buyback is locked by contract until about April 2027. If I’m LPing, I’m keeping an eye on StonkFun for when the stock-pair meta runs again, though it’s unaudited and well off its September peak. BONK.fun, Bags, Heaven, Boop.fun and Believe I’d skip for now. If you’d rather trade perps than memecoins, our perp DEX comparison covers that side.

Before you start, set up a wallet with our wallet setup guide and trade through a proper terminal like Axiom or Ape Pro. We’ll update this as the numbers change.

Not financial advice. I explain how these tools work and what they cost me; check the details yourself before moving money. Last reviewed 25 Oct 2026.