About Bonk (BONK)

What is Bonk (BONK) in crypto?

Bonk (BONK) is a meme coin built on Solana, launched on December 25, 2022, as a gift to the community during Solana’s post-FTX crisis. Unlike most meme coins, it avoided VC or private sales, instead airdropping 50% of its supply to NFT holders, developers, and DeFi users. Today, BONK acts as more than a joke—it’s integrated across 110+ Solana apps, from DeFi protocols to games, and governed by BonkDAO.

How are BONK tokens allocated?

BONK launched with a max supply of 88.87T, with 88.00T total supply. The allocation was deliberately community-heavy: 21% to Solana NFT projects, 21% to early contributors, 15.8% each to supply distribution and BonkDAO, 10.5% to artists, 5.3% each to developers, liquidity, and marketing. All categories except early contributors are fully unlocked, keeping with its “for the people” design.

What is BONK’s vesting and unlock schedule?

So far, 97.7% of BONK supply has unlocked, leaving only ~2.02T BONK (2.27% FDV) still vesting. The early contributor tranche is unlocking linearly from Jan 2023 to Jan 2026. Each month, about 504.43B BONK (0.57% of supply, worth $10.7M) is released, with the next unlock scheduled for Oct 1, 2025. All other allocations were unlocked at launch.

Did Bonk raise any funds or have investors?

Here’s the twist: BONK raised zero dollars. There were no seed rounds, no ICO, no private placements—unusual in crypto fundraising. Development was self-funded through token allocations. Infrastructure partners like Dexlab, Helio, and Famous Fox Federation helped launch, but institutional investors never entered. That choice reinforced BONK’s grassroots, anti-VC identity.

Where can you trade BONK?

BONK maintains liquidity across CEXs and DEXs. Binance lists BONK/USDT with ~$44M volume, Bybit hosts BONK/USDT with ~$37M, and Coinbase offers BONK/USD at ~$17M. On-chain, Solana DEXs like Orca and Raydium provide deep liquidity, with wrapped BONK also trading on Ethereum, BSC, and Polygon. Accessibility has been global since early 2023.

What major activities shaped BONK’s growth?

The airdrop to 297,000 wallets on Christmas Day 2022 kickstarted the community. In Jan 2023, BONK rallied over 7,000%. Later, annual “BURNmas” events destroyed billions of tokens, sparking rallies. Games like BONK Arena and over 110 Solana integrations extended utility. Hashtag campaigns (#LetsBonk) kept the coin in the spotlight. It’s a meme project, but also a movement.

What are BONK’s main use cases today?

Far beyond speculation, BONK powers payments in Solana NFTs, DeFi liquidity pools, gaming prizes, and even Solana Pay merchants. BonkDAO governance lets holders steer treasury use and burns. With ~64% share of Solana meme coins, it’s become an unofficial “community coin” for the chain. So why does BONK matter? Because it turned a joke into working infrastructure.

How does BONK’s roadmap look?

The DAO steers BONK’s roadmap. Active initiatives include multichain bridges (Ethereum, BSC), deeper gaming expansion (BONK Arena), and novel DeFi staking models. Even institutional experiments—like ETF products referencing BONK—are on the horizon. The focus remains on bridging meme culture with real integrations across Solana and beyond.

What risks should BONK holders consider?

As with any meme coin, BONK faces volatility and concentration risks: the top 100 wallets hold two-thirds of supply. Solana network outages or bridge exploits could also hurt utility. Regulatory scrutiny of meme tokens adds uncertainty. Finally, DAO governance is democratic but messy—decisions may not always align with long-term stability. Worth noting: BONK’s burn campaigns and utility help offset some of these risks.