Trade Memecoins Like a Pro: PumpFun vs LetsBONKfun vs Meteora vs GoFundMeme

August 26, 2025

~7 min read

Memecoin trading is now a full‑blown strategy on Solana. But not all platforms do the same thing. This guide compares PumpFun, LetsBONKfun, Meteora, and GoFundMeme—so you can pick the right place to mint, list, or trade with an edge. We’ll focus on fees, liquidity, launch mechanics, speed, and risk controls, plus practical steps and tips for memecoin trading, Solana memecoin launchpads, bonding curve, and DLMM liquidity.

Which platform fits your play?

PumpFun → The original Solana “meme factory.” Super‑fast token creation with a bonding‑curve market, and a path to graduate to a DEX when popularity hits a threshold. Great for discovering very early mints; watch for soft rugs and ensure you understand fees.
LetsBONKfun → BONK community’s launchpad with Raydium integration. If you want tokens that trade straight on Raydium’s pools and a rapidly growing user base, this is a strong alternative to PumpFun.
Meteora (DLMM) → Not a meme factory; it’s liquidity infrastructure used by launchpads like Jupiter LFG and by projects that want pro‑grade DLMM price curves, single‑sided liquidity, and anti‑bot add‑ons. Ideal for traders who chase curated launches and for LPs optimizing fee capture.
GoFundMeme → An open‑source‑style launchpad emphasizing community fee‑sharing (with $GFM). If you care about fee redistribution to creators/traders/stakers and custom launch options, this model is built for that.

How the platforms work

PumpFun (bonding‑curve factory)

What it does: lets anyone create a token quickly and trade on a built‑in bonding curve. Popular coins “graduate”to a DEX once they pass a liquidity/market‑cap threshold.
Why traders care: sheer speed and discovery; early entries can move fast. Monitor creator allocations and holder distribution, and understand the swap fee economics.

LetsBONKfun (BONK + Raydium)

What it does: a BONK‑community launchpad where tokens are created and trade on Raydium liquidity. Traffic surged in mid‑2025, making it a notable challenger.
Why traders care: tokens are immediately visible on a major DEX (Raydium), with familiar tools and liquidity routing.

Meteora (DLMM liquidity rails)

What it does: provides Dynamic Liquidity Market Maker (DLMM) pools—custom price curves, dynamic fees, and single‑sided deposits. It powers Jupiter’s LFG launchpad and also offers Launch Pools plus anti‑bot Alpha Vaults.
Why traders/LPs care: more controlled launches, better capital efficiency, and clear LP strategies for fee capture. Great if you prefer curated or designed liquidity over pure bonding‑curve chaos.

What it does: a Solana launchpad that emphasizes 100% platform‑fee redistribution to creators, traders, and stakers via $GFM. Its docs highlight a model that doesn’t burn LP tokens so the protocol can claim fees from LP positions and route value back to supporters.
Why traders/creators care: upside alignment via staking/rebates, plus custom launch toggles for tokenomics.

Feature comparison at a glance

Feature	PumpFun	LetsBONKfun	Meteora (DLMM)	GoFundMeme
Primary role	Token factory + bonding‑curve trading	Launchpad with Raydium trading	Liquidity infra (used by launchpads & projects); Launch Pools for token starts	Launchpad with fee‑sharing & $GFM staking
Where tokens trade	On PumpFun first; popular coins “graduate” to DEX	Raydium	DLMM pools (often via Jupiter LFG)	DEX pools per config; LP model focuses on harvesting fees
Fees (typical)	Platform swap fee on trades; small creation/“graduation” costs	Launch‑specific; trades execute on Raydium	Pool fees are dynamic; launchpad may take allocations/fees	Platform fees redistributed to creators/traders/$GFMstakers
Launch style	Viral, permissionless; ultra fast	Permissionless under BONK’s umbrella; Raydium liquidity	Designed price curves, single‑sided deposits; anti‑bot options	Customizable launches; community‑aligned emissions
Who it’s for	Day‑one hunters & high‑velocity traders	Traders who prefer DEX‑native flow	Curated‑launch fans & LPs optimizing fee capture	Creators/traders who want fee‑sharing and staking rewards

Note: exact fees/allocations vary by token and time. Always check the live fee schedule and pool parameters before trading or providing liquidity.

Pro trading tactics by venue

On PumpFun

Screen early mints for holder concentration, creator supply, and suspicious program interactions.
Watch the “graduation” path—a coin moving toward a DEX listing can spark volume, but it can also be a “sell the news” event.
Use tight risk controls: pre‑define loss limits and scale out on spikes. Slippage can be brutal around “graduation” or celebrity‑driven hype.

On LetsBONKfun (Raydium flow)

Follow trending boards and new‑listing feeds; Raydium liquidity lets you use familiar DEX tools (limit orders via aggregators, LP dashboards, etc.).
Check pool depth and route (SOL/USDC pairs) before size‑up. Shallow pools mean outsized price impact.

On Meteora / Jupiter LFG launches

Study the DLMM curve: price bins, fees, and single‑sided deposits change how price discovers. Curves with higher fee tiers can reward liquidity providers—good for LPs.
Use MEV‑aware settings (lower slippage, partial fills via aggregators) around TGE windows; DLMM re‑bins as price moves.

On GoFundMeme

Understand the fee‑share loop: if you plan to hold or trade actively, staking $GFM can offset costs.
Check LP handling: because LP tokens aren’t burned by default in their model, the protocol claims fees—know who receives what and when.

How to choose (decision checklist)

Speed vs. structure: Want the earliest possible entries? PumpFun/LetsBONKfun. Want designed curves and curated cohorts? Meteora/Jupiter LFG. Want fee‑sharing and staking? GoFundMeme.
Your toolkit: If you rely on DEX tools (limit orders, routing, LP dashboards), LetsBONKfun (Raydium) or Meteora (via Jupiter) may feel more natural.
Fee sensitivity: If you trade often, look at per‑trade platform fees, pool fee tiers, and any rebates (e.g., $GFMstaking).
Liquidity depth: Always check pool TVL, spread, and route before size. Shallow liquidity creates outsized slippage.
Security posture: Prefer platforms with audited contracts, anti‑bot measures, and transparent holder/LP analytics.

Step‑by‑step: First trade on each

PumpFun

Connect your Solana wallet and pick a new token.
Review creator allocation, holder distribution, and fee info.
Start with a small test buy; set low slippage.
If the chart accelerates toward “graduation,” decide whether to hold for the DEX move or scale out into strength.

LetsBONKfun (Raydium)

Connect wallet, browse new launches.
Open the token’s Raydium pool; verify contract and pair.
Use a DEX aggregator to compare routes; set slippage tight for volatile pairs.
Track liquidity adds/removes; scale risk accordingly.

Meteora (DLMM/Launch Pools)

For traders: review the DLMM pool page—fee tier, bins, and volatility strategy.
For LPs: choose or design a strategy (narrow vs. wide bins, dynamic fees).
Around launch windows, expect rebins and bots—use cautious slippage and staged entries.

GoFundMeme

Connect wallet and review launch parameters (supply, LP handling).
If you plan to be active, evaluate $GFM staking for fee offsets.
Confirm the DEX pair and LP ownership/locks before entries.

Safety & red flags

Hard vs. soft rugs: Standardized launch contracts reduce hard‑rug risk, but soft rugs (large creator selling, marketing exits) still happen. Avoid tokens with extreme creator/whale concentration.
Liquidity games: If LP tokens can be withdrawn or aren’t locked, a pool can be drained. Always check LP ownership/locks and whether LP tokens are burned or controlled by a timelock.
Celebrity coins: Hype can peak right as you enter. Treat them as event trades with tight risk.
Screenshots aren’t audits: Rely on official docs and verified contract addresses, not social posts.

Final word

If you want maximum velocity and early discovery, PumpFun and LetsBONKfun are the classic Solana memecoin launchpads. For designed liquidity and curated cohorts, Meteora’s DLMM (often via Jupiter LFG) gives both traders and LPs more control. If you want fee‑sharing and staking upside while you trade or build, GoFundMeme is purpose‑built for that model. Whichever route you pick, size small, use disciplined exits, and verify pools/contracts every time.