The official $BONK, a dog-themed meme coin on Solana, announced yesterday (April 25th) a collaboration with Raydium, the largest decentralized exchange in the Solana ecosystem, to launch a new asset launch platform called Bonk Fun. This platform was developed jointly by Bonk community members and the Raydium team, focusing on meme coin issuance and aimed at injecting more vitality and innovation into the Solana ecosystem.
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ToggleBonk's Past and Present: From Meme Coin to Ecosystem Catalyst
Bonk was officially launched on December 25, 2022, self-proclaimed as the "people's coin" with a Shiba Inu theme, quickly becoming the focus of the Solana ecosystem. At the time, Bonk airdropped 50% of its total supply to the Solana community, which was not widely supported by users. In early 2023, after listing on multiple exchanges, Bonk's price soared by over 2000% in just one week, becoming a hot topic in the market.
Bonk Fun Platform: Lowering Barriers, Stimulating Innovation
The Bonk Fun platform is the latest collaborative achievement between Bonk and Raydium. The platform allows users to directly launch any token on the website, with simple operations and low barriers, 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, including using BONKsol validator nodes and conducting $BONK buybacks and burns to enhance token value and give back to the community.
Raydium's Role: From DEX to Ecosystem Infrastructure
As the largest decentralized exchange in the Solana ecosystem, Raydium is known for its high throughput and low transaction fees. In March 2025, Raydium launched its own asset launch platform LaunchLab and terminated cooperation with another meme coin platform Pump.fun. This collaboration with Bonk to launch Bonk Fun further strengthens Raydium's influence in the Solana ecosystem, providing users with more diverse asset issuance and trading experiences.
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