The Launchpad Wars Just Got a New Champion (And It's Not Pump.fun) 🏆💥
For years, Pump.fun was the undisputed king of memecoin launches. That era just ended — at least for one week.
Here's the scoreboard :
🔹 StonkFun beat Pump.fun in 7-day revenue — $8.13M vs. $7.99M. The platform launched on August 3 and already overtook the giant in daily protocol revenue on September 6, pulling $1.5M in a single day** . StonkFun's edge ? It lets users pair memes with **tokenized stocks** instead of SOL. A portion of every trade funds **$STONK buybacks. Over 138M tokens (worth ~$30M) have been burned — a 13.7% supply reduction .
🔹 Robinhood Chain's Pons is printing money — $11.4M in fees on September 5 alone**, making it the biggest launchpad by daily fees in all of crypto . It's generated **$90.93M in fees over 30 days and burned 288M PONS tokens (28.8% of supply) . One trader turned $2,600 into $1.2M .
🔹 But here's the dark side — A coordinated fraud operation extracted $18.43M** through **53 memecoin launches** on Robinhood Chain's Pons. The team exploited a **snipe-tax exemption** to control **82-86% of token supply** at launch, then dumped on retail . The biggest extractions : **CRUMBS ($3.12M), LEGS ($2.9M)**, **PINK ($1.44M) .
The takeaway ? Launchpads are now the most profitable business in crypto — for the platforms, not always for you. StonkFun and Pons have real revenue models. But the fraud numbers show exactly how the game is rigged. When a launchpad's snipe-tax exemption can be weaponized, you're not early. You're the exit.
Pro tip : Before you ape into a launchpad token, check the deployer wallet funding and whether snipe-tax exemptions were configured. The red flags are on-chain. You just have to look .
#memecoin #StonkFun #Pons #BinanceSquare