BonkFun has eliminated creator fees on its platform in a strategic move to recapture market share from competitors in Solana's competitive meme coin launchpad sector. The platform announced the introduction of ”BONK Classic” launches, which feature zero creator fees and a 0.30% swap fee that primarily flows back into liquidity pools. The restructuring represents a significant departure from the revenue-sharing model that defined BonkFun's early success. The team stated the changes address growing trader concerns about excessive creator fees that misalign with market participant interests. The new Classic model eliminates all creator earnings from trading activity. Instead, the platform prioritizes liquidity depth to enable smoother price movements and reduce slippage. This structure resembles the fee arrangements that characterized successful Raydium-based meme coin launches in 2024, when several tokens achieved billion-dollar valuations. Dual-Track Approach Offers Flexibility BonkFun maintains a second launch option called ”BONKERS” for projects seeking different economic structures. This alternative reduces swap fees by up to 50% while allowing creators to set higher fee percentages for sustained revenue generation. The BONKERS model now pays all rewards in a single quote asset, such as USD-denominated stablecoins. This change simplifies reward distribution and eliminates the complexity of dual-asset payments that previously split fees between multiple tokens. The platform launched in April 2025 through a partnership between the BONK community and Raydium. It quickly became a major hub for no-code token creation on Solana, processing over 2,700 token launches within its first 72 hours. Early momentum was strong. The platform generated approximately $800,000 in fees during its opening week, contributing to a 50% price increase for BONK tokens. By July 2025, BonkFun had captured more than 55% of Solana's token issuance during peak activity periods, surpassing established competitor Pump.fun. Market Dynamics Force Strategic Pivot Recent data shows Pump.fun has regained its leading position in the launchpad market. The platform recorded nearly 30,000 new token launches in the past 24 hours, with trading volume exceeding $109 million and daily fees surpassing $1.27 million. This competitive pressure appears to have motivated BonkFun's fee restructuring. Traders have demonstrated clear sensitivity to fee structures, with lower-cost platforms attracting higher volumes and more frequent launches. At the time of writing, BONK trades at around $0.00001116, representing a 0.74% gain over the past day. Trading volume increased by approximately 86% to exceed $300 million, suggesting renewed interest from market participants. BONK’s price action over the past 24 hours (Source: CoinCodex)
