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handle: @SolportTom role: founder of LetsBonk known for: letsbonk.fun, the LetsBonk flippening, BONK fee burns
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Solport Tom is the pseudonymous founder of [[letsbonk fun]], the [[bonk]] ecosystem launchpad that in mid 2025 became the first platform to dethrone [[pump fun]] as the top token factory on [[Solana]]. He is known publicly only as Tom, posting from the handle @SolportTom to about 208,000 followers as of 2026, and no fuller identity has been published by any reporting; coverage of the platform routinely refers to him simply as founder Tom. ## LetsBonk Tom first announced letsbonk.fun in July 2024, describing months of work on a token launchpad for the Bonk community, initially powered by Graphite Protocol. The platform's breakout came with its relaunch in late April 2025, rebuilt as a joint effort between the BONK community and [[raydium]] on Raydium's LaunchLab infrastructure. The launch was immediate chaos in the best trench tradition: PANews reported 24 hour trading volume above $300 million, and within three days more than 2,700 tokens had been created and roughly $800,000 in fees generated. The platform's core pitch was ecosystem alignment rather than extraction. Half of LetsBonk's fee revenue was used to buy and burn BONK, and in July 2025 the platform pledged a further 1 percent of revenue to buy back its top community tokens, moves that made every launch feel like it fed the broader Bonk economy. In July 2025 LetsBonk overtook pump.fun in daily token launches and volume, at points capturing over 55 percent of Solana token issuance, an event covered at [[letsbonk flippening]] and reported by The Block and The Defiant as the end of pump.fun's uncontested reign. The platform later operated under the bonk.fun brand and continued iterating aggressively, cutting creator fees to zero in mid 2026 as the launchpad wars reignited. ## After the flippening The peak did not hold. Per ChainCatcher's coverage, monthly revenue hit 37.38 million dollars in July 2025 and beat pump.fun, but by August 20, 2025 LetsBonk's market share had collapsed to about 1 percent, with a single [[graduation]] in 24 hours; on August 5, 2025 the platform burned about 300 billion BONK, roughly 8.05 million dollars. On March 11, 2026 the letsbonk domain was hijacked by hackers who implanted wallet draining code after compromising a team member's account, and Tom posted an urgent warning not to visit the site. On March 27, 2026 he announced refunds to all drained victims with 10 percent added on top, writing "Glad we could close this chapter and put this all behind us." Since April 2026 he has described a ground up rebuild: "Been working on an update for 5 months. Full recode from 0". ## The anti vamp crusade In March 2026 Tom turned bonkfun into the first platform to campaign against vamping as a design problem. His most liked post of the era called on rivals by name: "We can all agree that vamps suck ass. Need to work together to solve it. Calling out to @a1lon9, @AxiomExchange, @TradingTerminal, fomo and whoever else. Yes there'll be less money in fees but a better space = this will last longer". He shipped balanced mode liquidity settings, reporting "Big whales messaging me saying that the LP's is actually looking decent enough for them to consider buying a coin on Solana again", and described the follow up v2 as the "first real step anyone has made towards disincentivising vamps". On March 21, 2026, during the balanced mode push, bonkfun booked higher daily revenue than pump.fun, per a data post by jussy_world. The crusade extended to bagworker economics. After concluding that bagworkers "have zero incentive to even try anymore", bonkfun launched Bagwork Bounties, paying 7,000 dollars each to seven communities in a week, while dev rewards at the time paid each bonding deployer 14.48 SOL plus 154.03 USD1. He also hired the trader gr3gor14n as a bonkfun advisor, announcing "Got some heavy trench hitters joining the @bonkfun team" and acknowledging that a big complaint had been that the team was out of touch with the trenches. When memecoins slumped in April 2026 he publicly summoned [[unipcs]]: "Need the delusional bulls back in memecoins. @theunipcs its time to come back and show people how to believe again". ## World Liberty Financial link bonkfun's rewards run partly in USD1, the World Liberty Financial stablecoin. Tom posted after calls with WLFI's mellometrics that "@worldlibertyfi is still fully committed to usd1 growth on Solana", and WLFI publicly thanked bonkfun as USD1 supply on Solana grew fivefold to 855 million dollars. ## Style Tom's public persona is that of a shipping focused community developer rather than a promoter: announcements, feature releases and thank yous to the Bonk community, with little of the feud driven posting that defines rival platform founders. That posture, and the deliberate framing of LetsBonk as a community project co owned with Bonk and Raydium rather than a founder's company, is part of why the platform's rise was received in [[the trenches]] as a community victory rather than a hostile takeover. The no feuds framing has texture underneath it. pump.fun's official account blocked and then unblocked him in May 2025, per ChainCatcher, and critics keep receipts, with imperooterxbt writing "SolportTom wakes up everyday teases a bunch of stuff never delivers and collect fees", a criticism by that account. The platform's dependence on its founder is itself a meme: StalkHQ observed that "Bonkfun is only active when @SolportTom is awake and that's a problem". On transparency, Tom stated in April 2025 that his purchases of non BONK tokens support creators without personal profit, disclosing holdings of HOSICO, LetsBONK and GRASSITO, a self reported account. ## References - X post by @SolportTom: https://x.com/SolportTom/status/1817933161797414990 - PANews: https://www.panewslab.com/en/articles/5t7qvoeu - The Block: https://www.theblock.co/post/361189/letsbonk-dethrones-pump-fun-with-higher-daily-memecoin-volume-token-launches - The Block: https://www.theblock.co/post/364031/memecoin-launchpad-letsbonk-pledges-1-of-revenue-to-buyback-top-tokens - The Defiant: https://thedefiant.io/news/tokens/letsbonk-flips-pumpfun-as-solana-s-top-memecoin-launchpad - blocmates.com: https://www.blocmates.com/articles/all-you-need-to-know-about-the-solana-launchpad-wars - X profile of @SolportTom: https://x.com/SolportTom - ChainCatcher: https://www.chaincatcher.com/en/tags/letsbonk.fun - X post by @SolportTom: https://x.com/SolportTom/status/2037604843981087127 - X post by @SolportTom: https://x.com/SolportTom/status/2036486361805627476 - X post by @SolportTom: https://x.com/SolportTom/status/2035410318567104747 - X post by @SolportTom: https://x.com/SolportTom/status/2039282848277139963 - X post by @SolportTom: https://x.com/SolportTom/status/2036502343454433360 - X post by @bonkfun: https://x.com/bonkfun/status/2036501609212158356 - X post by @SolportTom: https://x.com/SolportTom/status/2035349553193566581 - X post by @SolportTom: https://x.com/SolportTom/status/2035331329689321522 - X post by @gr3gor14n: https://x.com/gr3gor14n/status/2035537539512287501 - X post by @jussy_world: https://x.com/jussy_world/status/2036535663810826661 - X post by @SolportTom: https://x.com/SolportTom/status/2037293696358711642 - X post by @worldlibertyfi: https://x.com/worldlibertyfi/status/2037222120942444979 - X post by @imperooterxbt: https://x.com/imperooterxbt/status/2036491681608909009 - X post by @StalkHQ: https://x.com/StalkHQ/status/2036438564578443773 - X post by @SolportTom: https://x.com/SolportTom/status/2040182514678215140 - X post by @SolportTom: https://x.com/SolportTom/status/2070969673093628241
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