Pump.fun made launching a memecoin on Solana take seconds, and it is still the biggest launchpad by volume. It is no longer the only serious option though. Several launchpads now compete on fees, on where those fees go, and on whether holders get anything back.
This guide compares the main options side by side so you can pick the right one for your coin, whether you are launching or trading.
What to look for in a Solana launchpad
Before comparing platforms, it helps to know which differences actually matter:
- Launch cost. What it costs to create a coin, before any dev buy.
- Trading fees. What every buy and sell pays, on the curve and after graduation.
- Where the fees go. To the platform, to the creator, to a buyback of the platform token, or back to holders.
- Holder rewards. Whether holding a coin earns you anything, and in what.
- Safety defaults. Revoked authorities, locked or burned liquidity, and protection against copycats.
- Where coins graduate. Which exchange a coin moves to once its bonding curve fills.
Solana launchpads compared
| Pump.fun | Bonk.fun | StonkFun | GreenDildo | |
|---|---|---|---|---|
| Launch cost | Free plus network fees | Network fees | Network fees | Free plus network fees |
| Built on | Its own curve | Raydium LaunchLab | Its own launchpad | Raydium LaunchLab |
| Graduates to | PumpSwap | Raydium | Raydium | Raydium |
| Fee model | 1.25% curve fee, tiered after graduation | Around 1% curve fee | Standard or reward coins with a 1% or 3% tax | 3% tax on every coin |
| Holder rewards | Holder Rewards feature since September 2026 | No direct holder rewards | Optional, on reward coins | On every coin, 2% of all volume |
| Paid in | Set by Pump.fun | Not applicable | The coin's paired asset | SOL, the coin or any token |
| Platform token | Half of net revenue buys and burns PUMP | Large share buys and burns BONK | Large share buys and burns STONK | Half of platform revenue buys back $GREENDILDO |
Figures are taken from each platform's public documentation and data as of November 2026. Launchpads change their fees often, so check the current numbers before you launch.
Pump.fun
Pump.fun is the original and still the biggest. Creating a coin costs nothing beyond network fees. Every trade on its bonding curve pays a flat 1.25%, of which 0.30% goes to the creator and 0.95% to the protocol. After graduation, coins move to PumpSwap, Pump.fun's own exchange, where fees step down in tiers as market cap grows.
Half of Pump.fun's net revenue is used to buy and burn its PUMP token. In September 2026 it also added a Holder Rewards feature funded from trading fees.
Best for: maximum exposure. Most traders watch Pump.fun first.
Bonk.fun
Bonk.fun, first called LetsBonk, runs on Raydium LaunchLab and is tied to the BONK community. Curve trades pay around 1%, and graduated coins move to Raydium. A large share of its fees goes to buying and burning BONK and to BONK ecosystem programmes, rather than to holders of individual coins. Its creator fee share has changed several times since launch.
Best for: coins aimed at the BONK community.
StonkFun
StonkFun's big idea is letting a creator pair a new coin against almost any asset, including tokenized stocks, commodities and other crypto, instead of only SOL. Creators choose standard coins with no tax, or reward coins with a permanent 1% or 3% transfer tax that is paid to holders in the coin's paired asset. Holders need at least $20 of a reward coin to qualify. A large share of platform revenue buys back and burns STONK.
Best for: coins built around a specific paired asset, like a stock or commodity.
GreenDildo
GreenDildo also runs on Raydium LaunchLab, but every coin it launches pays its holders. Each coin is a Token-2022 token with a 3% tax on every buy, sell and transfer. 2% of all volume goes back to holders and 1% goes to the platform, half of which buys back $GREENDILDO.
Payouts go to every wallet holding $10 or more, each time the coin hits its payout target, with nothing to claim. The creator picks whether holders are paid in SOL, in the coin itself, or in any Solana token with at least $10K of liquidity. Every coin launches with mint and freeze authority revoked, a fixed 1 billion supply and a one hour ticker lock against copycats, and 100% of liquidity is burned at graduation.
The trade off is the tax itself. A round trip costs about 6% before price moves, so GreenDildo coins suit holders more than fast flippers. You can read exactly how payouts work in the GreenDildo guide.
Best for: coins where the community holds rather than flips.
Which launchpad should you use?
- You want the most eyes on day one: Pump.fun.
- Your coin is built for the BONK community: Bonk.fun.
- Your coin is about a stock, commodity or other asset: StonkFun.
- You want every holder paid from every trade, automatically: GreenDildo.
There is no single best launchpad. The right one is the one whose fee model matches how you want your coin to be held and traded.
Frequently asked questions
What is the best alternative to pump.fun?
It depends on what you want from the launch. Bonk.fun suits the BONK community, StonkFun suits coins paired with other assets, and GreenDildo suits coins built around paying holders from every trade.
Which Solana launchpad pays holders?
StonkFun pays holders on its optional reward coins, Pump.fun added a Holder Rewards feature in 2026, and every coin on GreenDildo pays 2% of all trading volume to holders automatically.
Which launchpads graduate coins to Raydium?
Bonk.fun, StonkFun and GreenDildo graduate coins to Raydium. Pump.fun graduates coins to its own exchange, PumpSwap.
Are launchpad fees fixed?
No. Most launchpads have changed their fees more than once. Always check a platform's current fee page before launching.