How many BONK coins are in circulation in 2025?
BONK, a meme-based cryptocurrency developed on the Solana blockchain, has drawn attention for its community-driven origins and growing presence across decentralised platforms.
The Solana-based meme token Bonk (BONK) remains one of the most closely watched community-led projects in the cryptocurrency space. Since its debut in late 2022, BONK has evolved from an experimental meme coin into an actively traded asset across multiple exchanges. But how many BONK coins are there today, and who holds most of them?
In this article, we explore the latest BONK supply data, wallet distribution, and how the project’s tokenomics have developed since launch.
What is BONK?
Bonk (BONK) is a meme-based cryptocurrency that runs on the Solana (SOL) blockchain. It was launched on 25 December 2022 by a community-led development team aiming to increase liquidity across Solana’s decentralised exchanges (DEXs) and differentiate itself from earlier, more centralised Solana projects.
BONK’s tagline – 'the first Solana dog coin for the people' – mirrors the community-led tone of earlier meme tokens such as dogecoin (DOGE), shiba inu (SHIB), and floki (FLOKI). However, unlike those Ethereum-based tokens, BONK is integrated directly into the Solana ecosystem, benefiting from Solana’s high-speed, low-cost network that supports both DeFi and NFT projects.
Since launch, BONK has been integrated across various Solana applications and DEXs, allowing users to trade, tip, or make payments using the token.
Past performance is not a reliable indicator of future results.
How does BONK’s tokenomics work?
BONK’s tokenomics are built around broad distribution and gradual vesting. At launch, the project introduced a maximum supply of 100 trillion tokens, with 50% (50 trillion) airdropped across several groups within the Solana community.
The initial allocation included:
- 20% to 40 active Solana NFT projects
- 20% to early contributors, vested over three years
- 15% to OpenBook DEX users
- 15% to the BONK decentralised autonomous organisation (DAO)
- 10% to artists and collectors
- 5% to Solana developers
- 5% to liquidity, marketing, and future incentives
According to the project, this structure was designed to promote fairness and reward participation over centralised ownership.
How many BONK coins are there in 2025?
As of November 2025, CoinMarketCap ranks BONK #75 among all cryptocurrencies, with a market capitalisation of around $845.64m and a circulating supply of approximately 82.28 trillion BONK.
That figure marks a significant increase from early 2023, when around 56 trillion tokens were in circulation. The rise reflects the release of vested tokens and further airdrops, as allocations from early contributors and DAOs have become tradable.
The project’s total supply stands at 87.99 trillion BONK, while the maximum supply remains capped at 88.87 trillion.
Token burns and supply reduction
BONK’s circulating supply has also been influenced by several major burns. In 2023, the team and large holders permanently removed around 5 trillion tokens following an early price correction.
More recently, an additional 2 trillion tokens were burned in early 2025 as part of ongoing supply management. Future burns may occur based on community votes or circulation milestones, helping to control supply and support liquidity across exchanges.
Key takeaways
- Circulating supply: ~82.28 trillion BONK
- Total supply: ~87.99 trillion BONK
- Max supply: 88.87 trillion BONK
- Market cap: ~$845.64m
- Market cap rank: #75 on CoinMarketCap
Source: CoinMarketCap, 19 November 2025
Final thoughts
While BONK has evolved from its meme coin origins into a recognised token within the Solana ecosystem, it remains a highly volatile asset influenced by community sentiment, liquidity conditions and broader market trends.
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FAQ
How many BONK coins are left?
BONK has a maximum supply of 88.87 trillion tokens, with around 82.28 trillion currently in circulation. The remaining tokens are locked in vesting contracts or allocated to community initiatives, which will gradually release over time in line with the project’s tokenomics plan. These controlled releases are designed to balance liquidity and participation within the ecosystem. Future token burns could also reduce the total supply further, as part of BONK’s broader approach to managing circulation and maintaining long-term sustainability.
How many BONK coins are mined per day?
Unlike proof-of-work cryptocurrencies such as bitcoin, BONK isn’t mined or created through network validation. The token was fully minted at launch, with the entire supply distributed through airdrops, vesting schedules, and liquidity rewards. Instead of daily issuance, new tokens enter circulation gradually as vesting periods conclude or as allocations are released for community incentives. This structure reflects BONK’s goal of maintaining predictable supply growth without ongoing minting or inflationary pressure.
Can I trade BONK CFDs on Capital.com?
You can speculate on BONK’s price movements through contracts for difference (CFDs) on Capital.com, depending on availability in your region. Trading BONK CFDs allows you to go long or short on its price without owning the underlying token, offering flexibility for those seeking exposure to market movements. However, CFDs are traded on margin, and leverage amplifies both profits and losses.