Bonk
BONK#113BONK is a dog-themed meme coin on Solana, launched by airdrop in December 2022, with a growing set of apps around it.
- Market cap
- $321.95M
- Volume 24h
- $78.2M
- All-time high
- —
- Circulating supply
- 87.99T of 88.87T
Does not clear all 8 Shariah criteria. Needs caution: nature of the asset, business model, excessive uncertainty (gharar), and usage. Fails: gambling (maysir).
- 3 pass
- 4 caution
- 1 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
About Bonk
BONK is a dog-themed meme coin on Solana, launched by airdrop in December 2022, with a growing set of apps around it.
Bonk (BONK) is a meme coin on Solana. It launched on Christmas Day 2022, after the collapse of FTX, as a 'community coin': half of the 100 trillion tokens were airdropped to Solana NFT holders, traders, artists and developers, with no presale or venture investors. Its contributors are pseudonymous.
Around the coin, contributors have built apps: BonkSwap (an exchange), BONK Trade (spot and perpetual markets), BONKUJI (trading-card pack ripping), BonkPlay (games), BonkBot (a Telegram trading bot) and BONK Fun, a launchpad for new meme tokens. Fees from the launchpad have been used to repurchase and burn BONK, and supply has fallen to about 88 trillion.
A Nasdaq-listed company, Bonk, Inc. (formerly Safety Shot), holds BONK as a treasury asset and owns a share of the launchpad's revenue. A BONK exchange-traded product trades on the SIX Swiss Exchange, and a US BONK ETF has been filed.
A BONK core contributor has compared a fresh meme-coin trade to a seven-leg parlay bet. BONK's price on 1 October 2026 was about 94% below its November 2024 high.
Sources · 7
- Bonk: official website
- BONK Paper
- CoinDesk: BONK slides 6% as sellers dominate despite growth of Bonk.fun
- Decrypt: Bonk Inc: Solana meme coin goes corporate as treasury firm rebrands
- Decrypt: Bonk teams up with Bitcoin Capital to launch ETP in Europe
- CoinDesk: Creator behind Solana's BONK says meme trading is a 'seven-leg' parlay
- CoinGecko API: Bonk
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Launched
- Dec 25, 2022
- Whitepaper
- bonkcoin.com/BONK-Paper.pdf
- Consensus
- Hosted by a company
What it is used for
- Holding and trading as a meme coin
- Payments and rewards inside Bonk ecosystem apps
- Spot trading on exchanges and Solana DEXs
- Exposure through a Swiss-listed ETP
Market data
- Market cap
- $321.95MRank #113
- Fully diluted value
- $325.16MAt 88.87T BONK
- Volume 24h
- $78.2M24.29% of market cap
- Total supply
- 87.99T BONKIssued so far
- All-time high
- —
- All-time low
- —
- Circulating supply
- 87.99T BONK99.0% of max supply
- Max supply
- 88.87T BONKFixed by protocol
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category
