BONK.enjoyable, a Solana-based meme coin launchpad previously referred to as LetsBONK, stated Thursday that attackers took over a staff account and used it to run a pockets drainer on the positioning.
The incident is underneath investigation, and customers are urged to cease interacting with the web site till the staff confirms the platform is safe.
A malicious actor has compromised the BONKfun area, don’t work together with the web site till we now have secured every part.
— BONK.enjoyable (@bonkfun) March 12, 2026
Launched in April 2025 by the BONK group alongside Raydium, BONK.enjoyable permits customers to deploy tokens with out coding utilizing dynamic logarithmic bonding curves.
The platform quickly overtook Pump.enjoyable to command 84% of Solana’s launchpad share by mid-2025.
Nevertheless, engagement dropped as reward mechanisms grew to become tough to maintain and profitable token launches slowed, whereas Pump.enjoyable rebounded with main buybacks, its acquisition of Kolscan, and higher scaling capability.
By the tip of 2025, BONK.enjoyable managed solely 7% of the market, in accordance with information from Dune. Its income additionally declined to round $84,000, whereas Pump.enjoyable’s income topped $720,000.
BONK.enjoyable decreased creator charges to 0% in early 2026 to reignite progress, resulting in a short surge in income towards the tip of January. The momentum light quickly after as Pump.enjoyable responded with new incentives, permitting it to regain over 70% of the market by February.
