BONK
BONK is a Solana-based meme cryptocurrency launched in December 2022 with over 1.1M on-chain holders, offering an ecosystem of decentralized exchange, trading, staking, NFT, gaming, and a regulated ETP on SIX Swiss Exchange for retail and institutional investors.
- Company typePrivate
- Founded2022
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2C
- OfferingDigital Commerce or Content
What BONK does
BONK is a Solana-based cryptocurrency token launched on December 25, 2022, distributed through a community-driven model in which over half of the total supply was airdropped to developers, creators, and builders across the Solana ecosystem. The token operates as the largest meme coin on Solana by holder count, with over 1.1 million on-chain wallets and approximately 400 integrations spanning decentralized exchanges (BONK Swap, Jupiter, Raydium, Orca, Meteora), lending protocols (Solend, Tulip, Jet), wallets (Phantom, Ledger), gaming (Betmode, Bonk Arena), NFT marketplaces (Exchange Art), and trading infrastructure (BONK Trade powered by DYDX). The ecosystem includes BONKUJI for trading card game collecting, BONK Rewards staking, the BONK Fun community launchpad, and the BonkX digital banking platform; a private trust vehicle (OBNKA) and a regulated exchange-traded product (ETP) on the SIX Swiss Exchange issued via Bitcoin Capital extend access to accredited and institutional investors.
BONK's core technology includes holder-triggered token burn mechanics, with notable events such as a 1 trillion token burn upon reaching 1 million holders (1.24% of supply) and the December 2024 BURNmas event removing 1.69 trillion tokens from circulation. Bonk Inc, a separate corporate entity, acquired 228 billion BONK tokens (approximately 2.7% of supply) valued at $43 million as a treasury reserve. The token has no product pricing; value is determined by market trading on cryptocurrency exchanges. Revenue mechanics are indirect: platform fees within the ecosystem are routed to token buybacks supporting organic demand, while institutional fee structures are captured by ETP and staking partners rather than by BONK itself. Customer segments are horizontal and persona-based, spanning retail crypto investors, institutional investors via the ETP, sports fans (through BVB and Baseball United partnerships), and digital art and philanthropy communities.
BONK does not disclose formal revenue, operates without a traditional management hierarchy or headcount disclosures (Jarrett Boon as CEO and Mitchell Rudy as President are listed), and is headquartered in Singapore. The token reached an all-time high near $0.000058-$0.000059 in November 2024 before declining approximately 89-92% through 2026, while market capitalization ranged from $419M to $1.7B depending on the reporting period. No AI/ML capabilities, patents, or research publications are associated with the project.
BONK firmographics
Firmographics- Name
- BONK
- Legal name
- BONK
- Website
- https://bonkcoin.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BONK is a Solana-based meme cryptocurrency launched in December 2022 with over 1.1M on-chain holders, offering an ecosystem of decentralized exchange, trading, staking, NFT, gaming, and a regulated ETP on SIX Swiss Exchange for retail and institutional investors.
- Ownership category
- akta.pro rank
BONK industry classification
Industry- Product category
- Cryptocurrency / Digital Asset
- NAICS
- Other Gambling Industries (713290), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Blockchain Game Studios & Game Development (FSAPAGAC)
- akta.pro secondary industry
- In-Game Wallets, Stored Value & Virtual Currency Issuance (MPAFAJAB)
Keywords
Where BONK is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
BONK business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Token Appreciation: As a cryptocurrency token, BONK's primary value is derived from market price appreciation driven by supply burns, demand from integrations, and speculative trading activity.
- Platform Fee Routing: Platform fees within the BONK ecosystem are routed to token buybacks, supporting token value through organic demand mechanisms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | BONK Token Trading |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
BONK product offering
Product offeringCore offering
BONK is a Solana-based community cryptocurrency token with an ecosystem of DeFi and digital-asset products, including BONK Swap (non-custodial DEX), BONK Trade (DYDX-powered trading platform with gold trading), BONK Rewards (staking program), BONK Fun (community launchpad), BONKUJI (TCG collecting), Betmode (gaming), and a regulated ETP on SIX Swiss Exchange. Over 1.1 million on-chain holders and 400+ integrations across DeFi, gaming, NFT, and exchange platforms.
Product overview
BONK is a Solana-based cryptocurrency with a multi-product ecosystem. The core offerings include BONK Swap (non-custodial DEX for token swaps), BONK Trade (decentralized trading platform powered by DYDX), BONKUJI (trading card game), Betmode (gaming platform within Gameverse), BONK Rewards (staking/locking program), and BONK Fun (community launchpad). Additional products include BONK ETP (regulated ETP on SIX Swiss Exchange), OBNKA (private trust for accredited investors), BonkX (digital banking), and BNKK (NASDAQ-listed company). The ecosystem integrates with multiple DeFi protocols including ORCA, RAYDIUM, JET PROTOCOL, and others.
Differentiator
Problem solved
Functional benefit
Brands
- BONK Swap: A non-custodial BONK-native decentralized exchange (DEX) for swapping tokens on Solana.
- BONK Trade
- BONKUJI
- Betmode
- BONKrewards
- BONK Fun
Products and services
- BONK Swap
- BONK Trade
- BONKUJI
- Betmode
- BONK Rewards
- BONK Fun
- BONK ETP
- OBNKA
- BonkX
Quantifiable outcome
- 1.69 trillion tokens burned in December 2024 BURNmas event
- +2 more outcomes
Companies that use BONK
Customer profileSegments5 records
Ideal customer profiles3 records
BONK technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration32 records
Feature3 records
BONK partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, flagship and minor.
- Sharps TechnologycoreSharps Technology provides institutional staking support for BONK through its bonkSOL solution, enabling institutional investors to earn staking rewards on their BONK holdings. This partnership provides BONK with institutional-grade staking infrastructure.
- Bitcoin CapitalflagshipBitcoin Capital issued a regulated BONK ETP (Exchange-Traded Product) on SIX Swiss Exchange, Europe's third-largest stock exchange. The product is 100% physically backed by BONK tokens and allows both retail and institutional investors to gain exposure to BONK without needing crypto-native tools such as digital wallets. This marks the first BONK-backed ETP in Europe, expanding the memecoin's reach beyond crypto trading platforms into mainstream financial markets.
- Baseball UnitedcoreBONK partners with Baseball United, a sports organization in the Middle East, to bring new experiences and digital innovation for sports fans globally. This represents BONK's expansion into global sports partnerships.
- BVB (Borussia Dortmund)coreBONK serves as a premium partner of BVB (Borussia Dortmund), bringing digital innovation and blockchain-based fan experiences to one of Europe's major football clubs.
- Exchange ArtminorBONK supports artists and creators through the Exchange Art marketplace, providing grants and virtual and in-person community initiatives for digital artists.
- The Giving BlockcoreBONK participates in The Giving Block's charitable platform through its Buddies for Paws initiative, enabling cryptocurrency philanthropy. BONK won The Giving Block's 2025 Most Impactful Awards in the memecoin communities category.
- CryptoGames Inc. (BONKUJI)minorBONKUJI, a TCG collecting and pack ripping platform, operates independently on the BONK ecosystem under CryptoGames Inc., providing a new home for trading card game enthusiasts within the BONK community.
- BetmodeminorBONK Gamingverse on Betmode allows users to play games, complete missions, and win prizes. The platform is independently licensed and operated, providing gaming utility within the BONK ecosystem.
- Solana FoundationcoreBONK is built on Solana blockchain, operating within the Solana ecosystem. The Solana Foundation partnership provides infrastructure and ecosystem support for BONK and its DeFi integrations.
- DYDXcoreBONK Trade is powered by DYDX, a decentralized trading platform providing spot and perpetual BONK markets, integrating BONK into professional-grade trading infrastructure.
- BONK Ecosystem ProductscoreBONK has 400+ integrations across DeFi protocols, gaming platforms, NFT marketplaces, and exchanges including Jupiter, Raydium, Orca, Meteora, GooseFX, Solend, Tulip Protocol, Phantom, MoonPay, and others.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
BONK competitors and assessment
Company assessmentDirect peers
- dogwifhat (WIF): Largest Solana-native meme coin by mindshare and a direct in-ecosystem competitor to BONK. Shares the same target audience, exchange listings, and Solana DeFi integrations, and competes for the same cultural attention.
- Popcat (POPCAT): Major Solana meme coin with similar retail-driven, community-led thesis. Competes for listings, mindshare, and integrations on the same Solana venues.
- Dogecoin (DOGE): Original meme coin and the largest by market cap. Direct peer in the meme-coin category with the same community-driven, internet-culture-led proposition that BONK targets, and shares exposure to speculative retail flows and exchange listings.
- Floki (FLOKI): Meme coin explicitly positioned around utility (DeFi, NFTs, gaming, education platform) and partnerships (sports sponsorships), directly mirroring BONK's utility-plus-brand approach. Recognized alongside BONK by The Giving Block.
- Pepe (PEPE): Top Ethereum meme coin with strong community-driven distribution. Closely comparable to BONK in target audience (retail crypto traders), distribution (CEX listings, social media), and lack of traditional revenue.
- Shiba Inu (SHIB): Ethereum-based meme coin that has built a multi-product ecosystem (ShibSwap, Shibarium L2, SHIB: The Metaverse) directly comparable to BONK's strategy of layering DeFi, gaming, and branded products on top of a meme token.
Others
- dYdX: Decentralized perpetual exchange whose infrastructure powers BONK Trade. An enabling technology partner, not a competitor, but comparable in the sense that both serve advanced crypto traders.
- Jupiter (JUP): Solana's leading DEX aggregator and a listed integration partner of BONK. Related through the Solana DeFi ecosystem BONK depends on for swap liquidity and distribution, rather than as a direct competitor.
- Raydium (RAY): Core Solana AMM and a key BONK liquidity venue. Ecosystem participant that enables BONK trading rather than competing with the token itself.
Emerging players
- Book of Meme (BOME): Solana meme-coin and NFT-focused project that overlaps with BONK's NFT and community-culture proposition. Emerging competitor for cultural mindshare on Solana.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
BONK social profiles
Digital presenceBONK financial estimates
Financial estimateRevenue estimate
Valuation estimate
BONK leadership team
Management profileNumber of profiles
Profiles2 records
BONK funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BONK M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BONK
What does BONK do?
BONK is a Solana-based community cryptocurrency token with an ecosystem of DeFi and digital-asset products, including BONK Swap (non-custodial DEX), BONK Trade (DYDX-powered trading platform with gold trading), BONK Rewards (staking program), BONK Fun (community launchpad), BONKUJI (TCG collecting), Betmode (gaming), and a regulated ETP on SIX Swiss Exchange. Over 1.1 million on-chain holders and 400+ integrations across DeFi, gaming, NFT, and exchange platforms.
Is BONK a public or private company?
BONK is a private company. It is classified as unknown and is currently operating.
When was BONK founded?
BONK was founded in 2022. It employs 11 to 50 people.
Where is BONK based?
BONK is headquartered in Singapore, Singapore, in the Asia region.
How does BONK make money?
Two revenue lines are on record. Token Appreciation is the primary driver. The others are platform Fee Routing.
Who are BONK's main competitors?
Direct peers on record are dogwifhat (WIF), Popcat (POPCAT), Dogecoin (DOGE), Floki (FLOKI), Pepe (PEPE) and Shiba Inu (SHIB). Others are dYdX, Jupiter (JUP) and Raydium (RAY). Book of Meme (BOME) is listed as an emerging player.
Does BONK have an API?
No public API is recorded for BONK.
What industry is BONK in?
BONK's product category is Cryptocurrency / Digital Asset. Its primary akta.pro industry code is FSAPAGAC, Blockchain Game Studios & Game Development, with a secondary code of MPAFAJAB, In-Game Wallets, Stored Value & Virtual Currency Issuance. Its NAICS code is 713290 and its SIC code is 6200.