About Bonk
Bonk is a dog-themed meme coin built on the Solana blockchain. It was created by an anonymous group of about 22 Solana developers who published a Bonk Paper in late 2022. The BONK token launched on December 25, 2022, through a large airdrop to Solana NFT holders, DeFi users, and developers, with exchange trading starting around December 30, 2022. Because BONK is an SPL token on Solana, it uses Solana's proof-of-stake and proof-of-history consensus rather than having its own chain or consensus mechanism. The token is used as a medium of exchange and incentive token within Solana applications, appearing in payments, liquidity incentives, DeFi protocols, NFT platforms, and DAO treasuries. Transaction fees on Solana are paid in SOL, not BONK. BONK launched with a fixed maximum supply of 100 trillion tokens. Token burns have reduced the effective on-chain supply to roughly 88 trillion. It is generally considered Solana's largest community meme token by liquidity.
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A sourced map of Bonk's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on Bonk and the wider market, hosted by our team, will appear here once episodes are live.