Launchpads
pons and long on robinhood, stonkfun on solana, stonks exchange on base, pump.fun as the benchmark. who takes the fees, who burns the token, and what a dollar of revenue costs you. hover any number for where it came from.
PONS$0.6445+9.5%$442.7Mmkt cap- burn yield
- 44.6%
- $197.3M/yr · 30d · top day 9%
- P/E rev
- 1.69×
- on 30d
- yield by rule
- 47.4%
- burn is 94% of rule
AIflagship$0.359+25.0%$355.2Mmkt cap- burn yield
- —
- measuring
- P/E rev
- —
- on 7d
- yield by rule
- —
- no rule
STONK$0.2343+38.5%$197.2Mmkt cap- burn yield
- 51.5%
- $101.6M/yr · 30d · top day 15%
- P/E rev
- 1.07×
- on 30d
- yield by rule
- 56.1%
- burn is 92% of rule
STONKEX$0.008935+19.0%$8.1Mmkt cap- burn yield
- 50.0%
- $4.1M/yr · 30d · top day 45%
- P/E rev
- 0.69×
- on 7d
- yield by rule
- 116.8%
- burn is 43% of rule
PUMP$0.003941+7.0%$1.8Bmkt cap- burn yield
- 8.5%
- $157.2M/yr · 30d · top day 8%
- P/E rev
- 3.07×
- on 30d
- yield by rule
- 16.3%
- burn is 52% of rule
| built Sep 17 | PonsRobinhood Chain | LongRobinhood Chain | stonkfunSolana | Stonks ExchangeBase | pump.funSolana |
|---|---|---|---|---|---|
| Activity | |||||
| Launches / day | 28.6KSep 5 | 965 | 9.6K | 20 | 29.1KSep 4 |
| Stock-paired launchesour radar, 24h | 34 | 965 | — | 13 | — |
| Launches, lifetime | 804.2KSep 6 | 18.6KSep 6 | — | 853 | 9.5MSep 5 |
| Traders, 24h | — | 18.7KSep 6 | — | — | — |
| Traders, lifetime | — | 121.8KSep 6 | — | 8.9KSep 6 | 133.8KAug 23 |
| Volume | |||||
| Volume 24h | $44.3M | $41.5MSep 6 | $15.7M | $484.5K | $547.3M |
| Volume 7d | $608.3M | $674.0MSep 6 | $745.2M | — | $3.4B |
| Volume 30d | $2.1B | — | $1.5B | — | $21.9B |
| Stock-paired 24hmemes on stocks only | $19.4M | $63.5M | $1.0M | $466.6K | — |
| Fees and revenue | |||||
| Fees 24hcreators + platform | $2.8M | $41.5KSep 6 | $1.1M | $4.8K | $4.9M |
| Fees 30d | $122.8M | — | $30.3M | — | $145.7M |
| Revenue 24hplatform's cut | $403.6K | $2.1KSep 6 | $551.0K | $1.5K | $1.5M |
| Revenue 7d | $5.7M | $33.7KSep 6 | $7.5M | $228.0KSep 6 | $8.7M |
| Revenue 30d | $21.6M | — | $15.1M | — | $49.3M |
| Revenue, lifetime | $18.6MSep 6 | — | $16.6M | $253.2KSep 6 | $1.3B |
| Buyback | |||||
| Rule | 80% of revenue | none | 60% of revenue | 80% of revenue | 50% of revenue |
| Bought, lifetime | — | $6.2MSep 6 | $9.5M | $15.1KSep 6 | $385.5MSep 2 |
| Bought, annualizedrecent pace × a year | $28.4MSep 6 | — | $222.9M | $502.1KSep 6 | $157.2MSep 2 |
| Supply burned | 31.3% · 313.2M | — | 16.0% · 159.8M | 8.9% · 88.5M | 16.7% · 166.5B |
| Burn, measured at the token | |||||
| Retired 24htokens · share of float | — | — | 1.5M0.18% of float | 438.3K0.05% of float | 109.3M0.02% of float |
| Retired 7d | 9.1M1.33% of float | — | 18.7M2.23% of float | 3.7M0.41% of float | 1.2B0.27% of float |
| Retired 30d | 30.9M4.51% of float | — | 83.6M9.95% of float | 88.5M9.71% of float | 3.3B0.70% of float |
| Burn yielddollars behind it ÷ cap, annualized | 44.6% (30d) | — | 51.5% (30d) | 50.0% (30d) | 8.5% (30d) |
| Supply retired / yrtoken count, of float | 54.8% | — | 121.0% | 118.2% | 8.5% |
| Top dayshare of the window's burn | 9% | — | 15% | 45% | 8% |
| Burn value / yrspend where a ledger has it, else each day's price | $197.3M | — | $101.6M spent | $4.1M | $157.2M spent |
| Token | |||||
| Market cap | $442.7M | $355.2M | $197.2M | $8.1M | $1.8B |
| Liquidity, all pools | $27.9M | $8.9M | $14.0M | $796.0K | $30.4M |
| Token volume 24h | $79.2M | $31.6M | $33.5M | $1.1M | $175.5M |
| P/E on revenue | 1.69× (30d) | — | 1.07× (30d) | 0.69× (7d) | 3.07× (30d) |
| Buyback yield, rule | 47.4% | — | 56.1% | 116.8% | 16.3% |
| Buyback yield, paid | 6.4% | — | 113.0% | 6.2% | 8.5% |
| Mechanics | |||||
| Trade fee | 1% (v1 pools); v2 curve fee set per launch, same rate after graduation | 0.10% dynamic-fee hook on the home pool (Doppler) | 1% (2% optional tier) | 1% (Uniswap V3 1% tier) | 1.25% on the bonding curve; PumpSwap canonical pools slide from 1.25% to 0.30% as a coin's cap grows; other PumpSwap pools 0.30% |
| Creator share | 70% (v1 active factory), 90% on the legacy factory | 95% of pool fees to the creator's fee wallet | 50% on the 1% tier (0.5% of volume); 75% on the 2% tier; 0 on reward launches | 70% (0.7% of volume) | 0.30% of curve volume; on PumpSwap 0.93% falling to 0.05% with cap (since May 13 2025) |
| Platform share | 30% (v1 active), 10% legacy; measured 16 to 19% of graduated-pool fees on chain | 5% to the Long safe; no published revenue | 50% on the 1% tier; reward launches route 5% of pool fees to the flywheel instead | 30% (0.3% of volume) | 0.95% on the curve (0.93% for the smallest PumpSwap pools), 0.05% of PumpSwap volume above 420 SOL cap, plus 0.015 SOL per graduation and Mayhem-mode fees |
| Buyback | 80% of the protocol share → TWAP buys PONS and sends it to the burn address; 20% ops | no buyback of a platform token. Long's fee manager buys back each launched meme with a slice of its own pool fees (~1% of volume, $6.2M lifetime). AI is Long's flagship: since Sep 1 the LongX NVDA-3x tokens route their fees to AI, and ~$3M of AI has been burned or locked through Community Mode, AI pairing mode and auto burns | 60% of platform fee income buys STONK on chain and burns it, continuously (38k buybacks so far) | 80% of the platform's 0.3% buys STONKEX and burns it via the fee splitter; 20% to the operator | a share of revenue buys PUMP on the open market daily: 100% of pump's slice from the Jul 2025 ICO to Apr 27 2026, 50% since (DefiLlama adapter); measured on chain $0.2M to $1.0M a day through August |
| Liquidity | v2: bonding curve, then a Uniswap v4 pool with liquidity locked forever | Doppler (Whetstone) dynamic-fee Uniswap v4 hook | Raydium LaunchLab curve → Raydium CLMM, liquidity locked via Burn & Earn | whole supply as one single-sided V3 position; the LP NFT sits in a locker with no withdraw path | bonding curve → PumpSwap canonical pool, LP fee 0.02% to 0.20% stays in the pool |
| Quotes | anything: stocks, USDG, ETH, other memes. ~28k tokens a day, most never leave the curve | tokenized stocks and USDG; the home of the stock-pairing meta (MEME/AMC, AI/NVDA, BONER/SNDK) | 366 quote tokens: xStocks, pre-IPO tokens (ANTHROPIC, OPENAI), majors, currencies; ~29% of launches stock-quoted | 13 Coinbase-wrapped equities (NVDA, AAPL, GOOGL, META, AMZN, COIN, CRCL, INTC, MSFT, MSTR, SNDK, SPCX, TSLA) plus ETH | SOL, and USDC since May 21 2026. No stock pairing: the benchmark, not a stock launchpad |
| Anti-snipe | v2: 99% tax decaying to 0 over 5 seconds; v1: creator-only launch block, 5% wallet cap | dynamic fee on the Doppler hook | dev buy up to 50% as the first trade | opening tick re-anchored to the stock's Chainlink price | none published; Mayhem mode adds its own launch fees |
| Live since | 2026-07-13 | 2026-07-14 | 2026-08-05 | 2026-08-24 | 2024-01-19 |
Every trade pays 1%. Pons keeps 30% of that (10% on old factories) and 80% of its keep is spent buying PONS on a TWAP and burning it. Creators keep the rest, which is why 28k tokens a day get launched here: the launchpad is a creator-fee machine and PONS is the toll booth on top of it.
Biggest fee base on the chain by an order of magnitude, 30% of supply already burned, and the burn scales with every meme launched by anyone.
Most volume is curve churn on tokens that die within a week (4 to 24% of a weekly cohort still trades), the measured protocol share is under the published 30%, and cash reaching the burn wallets lately runs well under 80% of measured revenue.
Long charges a tenth of a percent, hands 95% of it to the creator and keeps 5% in a safe, and publishes no revenue. Its fee manager buys back every launched meme with a slice of that meme's own fees (about 1% of volume, $6.2M lifetime), which props each token a little and pays nobody a yield. AI is the flagship rather than a platform token: Long routes the fees of its new LongX NVDA-3x tokens to AI and has burned or locked about $3M of it, but the launchpad's own 5% cut does not flow to AI. Long's own Dune shows it moves 35 to 42% of all stock-paired volume on the chain.
Owns the stock-pairing narrative and its biggest winners, and is starting to route new product fees (LongX) to AI; if the launchpad's own cut ever follows, AI sits on the largest stock-paired user base on the chain.
AI has no claim on the launchpad's 5% cut, which on a 0.1% fee is about a hundredth of Pons' take per dollar traded; the fee routing to AI is a week old and unmeasured, and the $3M burned is a rounding error on a $220M cap.
One percent on every trade, split down the middle with the creator. Sixty percent of stonkfun's half is spent buying STONK and burning it, every few minutes, and the platform publishes the ledger: fee income, buybacks, burns. A newer flywheel also buys and burns the top 15 platform tokens by cap.
The cleanest buyback on the list: executed on chain, published, 12% of supply gone in three weeks, on the chain with the deepest meme liquidity.
Launch rate has fallen from 2,600 a day to under 500, its stock-quoted slice is a third of launches, and STONK's cap already prices in a year of current revenue several times over.
Base's copy of the meta: 1% fee, 70/30 creator/platform, and 80% of the platform's cut is meant to buy and burn STONKEX. Fees accrue in a locker and only get turned into buybacks when the splitter runs; so far it has processed about $19k against $253k of lifetime protocol revenue.
Two weeks old with launches climbing (80 on Sep 6), the only stock-paired venue on Base, and a cap small enough that a real buyback would move it.
The buyback is a promise so far, not a flow: $15k spent against a rule that implies $200k. One day (Sep 4) is most of the lifetime fees, and 13 quotes is a narrow menu.
The incumbent. Every curve trade pays 1.25%, of which pump.fun keeps 0.95% and the creator 0.30%; graduated coins trade on PumpSwap where the platform's cut drops to 0.05% and the creator's share slides down with market cap. Half of the take now goes to daily open-market PUMP buybacks (all of it did until April 2026). About 30k coins a day, a thousand graduate.
Two and a half years of fees, $1.2B of lifetime revenue, a measured $385M of buybacks, and the deepest meme liquidity anywhere. Everyone else on this page is copying its fee model with a stock bolted on.
Launches have halved since late August and revenue per day is a fraction of the January 2025 peak; the buyback share was cut to half in April; 60% of supply is still not circulating; and none of it touches the stock-pairing meta this page is about.
pump.fun is the last column as the benchmark: the launchpad every one of these copies, on Solana, with no stock pairing. Its numbers set the scale for what a launchpad token can earn.
Chain context (Dune, Sep 5): Robinhood Chain DEX volume ~$800M a day, of which Pons ~10%. Stock-paired volume across every launchpad ~$115M a day, Long 35 to 42% of it (natan 8237276). Hourly slice on Sep 3: Pons $3.3M, Noxa $0.9M (shut Jul 11, tail volume), Long $0.33M, pools.trade $0.28M, o1 $0.10M (zaiyi 8009787). Bankr does $4M to $15M a day, Flap ~$3M.
P/E here is market cap ÷ annualized protocol revenue, using the 30-day window when a source has one, else 7 days, else the last day. Buyback yield (claimed) is the buyback rule × that revenue ÷ cap; buyback yield (executed) is what actually got spent, annualized from the window each source names. The gap between the two is the first thing to look at.
Live columns refresh every five minutes from DefiLlama, Dexscreener, the platforms' own APIs and our radar. Dune-sourced figures are pinned to the day they were read (shown in the hint) and refreshed by hand; each free read is somebody else's latest query run.