What is StonkFun?

StonkFun is a launchpad at stonkfun.xyz that lets anyone create a coin on Solana and choose what that coin is priced against. On most launchpads a new coin is quoted in SOL and nothing else. On StonkFun the creator selects a quote token, so the chart measures the coin against that asset instead. Fees, rewards and creator earnings are then denominated in that same quote token.

StonkFun also runs its own token, $STONK, and two automated programmes that sit on top of the launchpad: a rewards system that pays token holders, and a flywheel that buys back and burns tokens using platform trading revenue.

A coin quoted in SOL only tells you how it performed against SOL. StonkFun makes the denominator a deliberate choice, so a launch can be quoted in whatever asset its community actually cares about. A coin paired against a tokenized stock only prints green when it outruns that stock. A coin paired against a currency gives a cleaner read on the coin itself.

The second consequence is economic. Because a pool is quoted in the pairing asset, creator fees and holder rewards arrive in that asset rather than in SOL.

• A creator names the token, uploads square artwork, and picks a quote token from the available pairs.
• The launch mints a fixed supply of 1 billion tokens and opens a one sided Raydium market against that quote token.
• The starting market cap shown on the StonkFun launch form is 5,000 US dollars.
• Liquidity is permanently locked using Burn and Earn, and the image and metadata are stored permanently on Arweave.
• From that point the coin trades on the open market and every trade pays the pool fee set at launch.

The launch fee itself is paid by the creator's own wallet signature. StonkFun's developer documentation states that launching is non custodial: the platform never asks for, accepts or stores a private key, and no endpoint signs on the creator's behalf.

The quote token is the asset a launch trades against. StonkFun groups the available quote tokens into categories on its launch form.

The live list is published by the public endpoint GET /pairs, and a launch passes the chosen mint as quoteMint. Because a coin can be paired against another StonkFun coin, quotes can chain: a coin paired against a coin that is itself paired against a stock inherits that stock as its real denominator.

StonkFun's developer documentation describes two modes, chosen at launch.

On a fee coin the creator claims accumulated fees from the token page or over the public API. On a reward coin the tax applies on every transfer, on any venue, and is paid in the token the launch is paired against.

StonkFun's rewards page states that reward tokens pay holders pro rata in the quote token the launch is paired against. Newer v3 launches pay from the transfer tax on every transfer, at the 1% or 3% rate set permanently at launch. Earlier launches pay from 85% of their 4% pool's trading fees.

Reward tokens collect fees until the pot is worth paying out, then split it across holders. StonkFun notes that the values it displays are shown at the token's current price rather than the price at the moment each payout landed.

StonkFun's flywheel page states that a share of trading fees from every v3 pool flows to the flywheel, which buys back and burns the platform's top 15 tokens by market cap, weighted by market cap, every few minutes. Tokens that drop out of the rankings keep their history and resume when they climb back in.

Separately, StonkFun's revenue page states that the platform automatically claims its trading fees, and that approximately 60% of platform revenue is used to buy $STONK on the open market and burn it, while the rest is retained. Using $STONK as a quote token executes a burn without a buyback. StonkFun notes that because some custom quote tokens are volatile, exact splits can vary slightly.

The developer documentation describes two optional launch features. Both are optional, and omitting them produces the standard launch.

• Airdrop to the quote token's holders: on a reward launch a creator can hold back up to 50% of supply and drop it on holders of the token being paired against, in tiers from top100 to top5000, default top100. The recipient list is snapshotted and frozen by the prepare call, before the new mint exists.
• Dev buy: a creator can buy up to 50% of supply as the pool's first trade, specified either as a supply share or a SOL amount, submitted in the same atomic bundle that makes the pool tradeable so it cannot be front run.

Once a pool is live, a StonkFun coin trades like any other Solana market, quoted in its pairing asset rather than in dollars. Prices, liquidity and volume are readable from the usual Solana market data sources, and the public StonkFun API exposes the launch universe, pairs, per token detail, rewards and burns.

StonkGuy provides one interface over that market data. It is not the venue, and it never takes custody. Every trade a user makes through StonkGuy is signed in the user's own wallet.

StonkGuy is an independent, unofficial project. It is not operated by StonkFun, not a StonkFun product, and not endorsed by StonkFun. StonkGuy reads public StonkFun data and public Solana data, and builds tools on top of it.

StonkFun is the launchpad and ecosystem being explained on this page. StonkGuy is an independent terminal, bot suite and knowledge base built around it. StonkGuy reads the public StonkFun API and public Solana data, presents it densely, and publishes documentation like this page so the mechanics are readable by people and machines.

StonkGuy also has its own token, $STONKGUY, which was launched on StonkFun and is paired with $STONK. That pairing is why StonkGuy's own rewards are denominated in $STONK.