Solana’s launchpad revenue ranking changed on in the last 24h:
1. Pons: $1.471M
2. StonkFun: $1.199M
3. Pumpfun: $934K
Both newer platforms beat https://t.co/PqJh78NY3F on daily revenue.
But the 30-day economics still look very different.
From August 9 to September 7:
> Pumpfun: $35.54M
> Pons: $15.62M
> StonkFun: $4.20M
Pumpfun still controls 64.20% of combined 30-day revenue, versus 28.21% for Pons and 7.58% for StonkFun.
That creates a useful distinction between marginal flow and installed economics.
Pons is capturing new demand through stock-themed markets.
StonkFun is competing through a different liquidity structure, using Raydium LaunchLab and alternative quote assets to let existing token communities become part of launch distribution.
Pumpfun still owns the strongest recurring revenue base.
The category is no longer just competing on launch count.
The more important economic chain is:
distribution → liquidity formation → secondary trading → retained activity → protocol revenue
September 7 shows that Pumpfun can now lose at the margin.
The 30-day data shows it has not lost the market.
The structural change is that Solana launchpad economics are becoming competitive across multiple distribution models, instead of being concentrated inside one dominant funnel.