“So you bought a cat with a bag on its head this week?”
“Yes, Dave.”
“And you’re holding it to receive zividends?”
“Yes, Dave.”
“And this all makes sense to you?”
“Perfectly, Dave.”
The world doesn't change because people accept the rules. It changes because someone breaks them.
The token supercycle is rewiring capital markets, and this November the people building it meet in London.
solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx reported pace today is ~$890K/day in revenue and ~$536K/day in buybacks against a ~$120M market cap.
If sustained, that’s annual buybacks worth 167% of its current market cap.
Higher
LaunchLab now supports any token pair on Raydium.
The upgrade brings flexible pairing directly to Solana, with deeper liquidity, lower fees, and stronger meme-native trading.
@LaunchOnSF is the first integration partner to bring the model live on LaunchLab.
In our four-stock sample, @Backpack fills on @solana had median execution costs 5.8 bps below Robinhood Chain below $1K, and 12.1 bps below for $10K to $20K trades.
Measured against the stock midpoint, before network fees.
Something I'm pretty excited about is making token pairs more intentional on Solana.
On Raydium, anyone can take their favorite meme, pair it with a token their community already cares about, and reward holders directly in that asset.
The pair itself now becomes an integral part of how a community grows.
StonkFun Updates:
We have upgraded all of our infrastructure, and downtime issues should now be resolved.
Optimizations were made this morning around reward distributions, operator functions, site loading times, and more.
A patch is being worked on for DeFiLlama and will be merged shortly. This will resolve issues with misreported revenue on DeFiLlama caused by our LaunchLab integration yesterday and the pricing of custom quotes through Dune.
We have new listings being worked on and will continue to support communities building on StonkFun.
You can expect new TradFi asset listings after the market opens following the long weekend. We are also working on bridging more assets to Solana.
Frontend design work has started, and we will be heavily improving our UI across both desktop and mobile.
StonkFun has always focused on listening to users and addressing concerns in the space through innovation.
Daily revenue thus far today:
https://t.co/8R23fMR5Gi
Revenue: $1,141,551
Buybacks: $676,157
More to be announced. We appreciate all the support thus far.