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StonkFun 击败了 PumpFun……还是没?

2026-09-24 00:16:42
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StonkFun 荣膺七日营收冠军

在为期七天的启动平台(Launchpad)收入排行榜上,StonkFun 超越 Pump.fun 登顶。在此期间,StonkFun 实现了 813 万美元的收入,略高于 Pump.fun 的 799 万美元。排名第三的是 @ponsdotfamily,同期收入为 298 万美元。

鉴于 StonkFun 的年轻身份,这一里程碑尤为引人注目。该平台于 8 月 3 日上线,并在 9 月 6 日的单日协议收入中超越 Pump.fun,当日收入达到 150 万美元。其中约 90.45 万美元直接用于在其原生代币 $STONK 的公开市场进行回购。

StonkFun 允许用户发行与代币化股票配对的交易对,而非传统的 SOL 或稳定币,从而切入快速增长的模因币市场细分领域。“stonks”市场趋势是近期出现的现象,即模因币交易者创建以股票为主题的模因币,或与代币化股票作为主要流动性池配对的模因币。大量的交易手续费被用于购买并销毁 $STONK,这种模型推动了该代币的强劲需求。目前,已有超过 1.38 亿枚 $STONK(价值约 3000 万美元)被永久销毁,相当于供应量减少了 13.7%,据报道其每日销毁率为 0.55%。

宏观视角:Pump.fun 依然强势

这七天的数据并未反映全貌。更广泛的 30 天指标显示,Pump.fun 在该板块累计启动平台收入中仍占据 64.2% 的份额,而 StonkFun 仅占 7.58%。

Pump.fun has faced such challenges before. The last time it encountered serious market competitors was in July 2025, when LetsBONK.fun overtook it in Solana's launch platform activity, accounting for 78% of the market, while Pump.fun's market share plummeted from 80% to 13%. Pump.fun has recovered by launching its own repurchase program. It has since introduced a "custom trading pair" feature in an attempt to replicate StonkFun's appeal, but the feature has so far failed to attract substantial attention.

At the same time, the third-ranked @ponsdotfamily is based on a completely different foundation. PONS is the leading launch platform on Robinhood Chain, a Layer 2 network built specifically by Robinhood specifically for real-world assets (RWA), which will be officially launched on July 1, 2026. Robinhood Chain launched its platform on July 14. In just seven weeks, it surpassed Pump.fun in terms of daily agreed revenue, and exceeded US$1.1 million per day on September 2.

The battle to launch the platform is far from over. Although StonkFun maintains momentum in terms of weekly revenue, Pump.fun's cumulative size and brand recognition are still huge advantages. The intensity of destruction of supply by platforms in the coming weeks and their ability to attract new tokens online will likely determine who retains the crown until the fourth quarter.

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