📝 Editor’s Note:
Welcome to OurNetwork’s latest. This week, we’re covering launchpads, a sector of crypto which has emerged in the last 18 months with the ascendence of Pump.fun. In roughly a year, Pump went from launch to $100M in monthly revenue and 99% dominance in terms of revenue, according to Blockworks data.
That was January 2025. Now, Pump has attracted competitors like Clanker, Pond, and BONK.fun and commands roughly 70% of launchpad revenue. There are also 12 launchpads which generated over $100,000 in revenue whereas at the beginning of the year only Pump and Clanker surpassed that mark.
In short, the launchpad field is showing signs of maturity as new players enter.
Thank you to Alex, Lawrence Mosley, and mar1na for covering some of Pump’s key competitors below.
– ON Editorial Team
Clanker | Pond | Bonk.Fun
Clanker’s fourth version marked a turning point as it rebuilt on Uniswap v4, introducing hooks for dynamic fees, automated buybacks, vaulting, and MEV protection. Since launch, the protocol has processed $3.9B, with 65% of volume in 2025 alone. Daily activity peaked at $116M during rollout and now averages above $10M per day, showing Clanker has matured into durable launch infrastructure.
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