Last updated: July 2026
Compare · Solana launchpads
Pump.fun vs LetsBonk, Moonit, Bags, Believe, Boop.fun and DAOs.fun — the launchpads that mint most of Solana's tokens, compared on the things that actually matter: where they graduate, what they charge, and how much creators keep. Researched and cross-verified, not copied from marketing pages.
Independently researched · graduation, fee and creator-revenue facts cross-verified against each launchpad's docs · no affiliate weighting
The lineup
Counted from the live comparison data.
Bonding-curve + funds
PumpSwap · Raydium · Meteora
PUMP · BONK · BOOP · BELIEVE
Card / PayPal (Moonit)
The table
Graduation venue, swap fee, creator revenue, fiat on-ramp and token. Click any name for the full review and live health score.
The original fair-launch factory and current market leader. Now runs its own AMM (PumpSwap) and token (PUMP); tokens graduate at roughly 85 SOL in the curve.
BONK-ecosystem launchpad built with Raydium; swap fees fund BONK buyback-and-burn. Briefly overtook Pump.fun in mid-2025 before it resurged.
DEXScreener's launchpad (Moonshot, rebranded Moonit). Its standout feature is fiat on-ramp — buy with a card, PayPal or Apple Pay via MoonPay; the creator picks Raydium or Meteora at graduation.
Creator-monetization-first launchpad built on Meteora's dynamic bonding curve, with a mobile-first app. Headline: creators earn 1% of every trade forever, on the curve and after.
Social launchpad — mint a token by replying to a post on X, no wallet or code required. Trading fees are split 50/50 between the platform and the creator.
Rewards-driven launchpad: stakers earn the bulk of trading fees, and qualifying creators and holders get daily BOOP rewards. Graduates to Raydium.
How to read this
When a token fills its bonding curve it 'graduates' to a real AMM pool. Pump.fun migrates to its own PumpSwap; LetsBonk and Boop to Raydium; Bags and Believe to Meteora; Moonit lets the creator choose. Graduation market caps are SOL-denominated and float with the SOL price — Pump.fun is ~85 SOL, LetsBonk and Moonit a few hundred SOL.
The fee taken on each trade. Pump.fun's PumpSwap is tiered (1.25% at launch down to 0.30% for the largest caps); LetsBonk, Boop and Moonit sit around 1%. Bags and Believe lead with a creator/platform fee split rather than a single headline rate.
What the token's launcher keeps. This is the fastest-moving axis in 2025–26: Bags pays creators 1% of volume forever, Believe splits fees 50/50, Pump.fun pays a per-trade share by market-cap tier, and Moonit returns 80% of LP fees.
Whether you can fund a buy with a card, Apple Pay or PayPal instead of needing SOL first. Moonit is the standout here via MoonPay — the easiest path for newcomers.
The platform's own or flagship token. Pump.fun has PUMP, LetsBonk is tied to BONK, Boop has BOOP, Believe has BELIEVE. Moonit and Bags have no platform token today.
Most of these launch single tokens on a bonding curve. DAOs.fun is the exception — it launches tokenized memecoin hedge funds that raise to a target and distribute later, so it has no graduation step.
How it works
Almost every launchpad above uses the same mechanism — a bonding curve that prices the token, then a graduation event that moves it to a real AMM. These four steps explain the whole lifecycle.
1 · Create the token
You give the token a name, ticker and image and the launchpad mints it — often free (Pump.fun charges 0 SOL to create) or for a small SOL fee, plus standard network fees. There's no pre-set liquidity pool yet; the token starts life priced entirely by a bonding curve.
2 · Bonding-curve pricing
A bonding curve is a formula that sets the token's price as a function of how many tokens have been bought from it. Each buy moves the price up the curve, each sell moves it down — no order book, no LP needed. Buyers trade directly against the curve, so early buyers get cheaper entries than later ones.
3 · Graduation
Once the curve fills — Pump.fun graduates at roughly 85 SOL collected, a threshold that's SOL-denominated and floats with the SOL price — the token 'graduates'. The accumulated SOL plus a matching share of tokens are used to seed a real liquidity pool, and the bonding curve is retired.
4 · Free trading on a DEX
After graduation the token trades freely on an AMM with its own pool. The venue depends on the launchpad: Pump.fun migrates to its own AMM, PumpSwap (not Raydium); LetsBonk and Boop.fun go to Raydium; Bags and Believe to Meteora; Moonit lets the creator choose. From here it behaves like any other SPL token.
Recommendations
Maximum liquidity & reach
Pump.fun has the deepest buyer base and its own AMM (PumpSwap) for post-graduation liquidity. LetsBonk is the main alternative, with BONK-ecosystem distribution behind it.
Creators who want fee income
Bags pays creators 1% of all trading volume forever; Believe splits trading fees 50/50. Both put creator monetization first rather than treating it as an afterthought.
First-timers / no SOL yet
Moonit (DEXScreener's launchpad) lets you buy in with a card, Apple Pay or PayPal via MoonPay — no need to source SOL on an exchange first. The smoothest on-ramp for newcomers.
Funds, not single coins
If you want to back (or run) a tokenized memecoin fund rather than launch one coin, DAOs.fun is the category — the home of ai16z and the meme-hedge-fund model.
A launchpad only mints the token — the action happens next. Traders use a trading terminal or a sniper bot to buy launches early, and our deployer hunter flags pump.fun deploys from proven creators in real time. To watch graduations and fresh launches live, browse the full tool directory.
FAQ
Keep comparing
DEXs, RPC providers, liquid-staking protocols, and trading-bot fees — all compared the same way.