Pump.fun and LetsBonk are battling for Solana token launchpad market share, and so are their respective tokens PUMP and BONK. Which token will have a larger market capitalization by the end of the month?

Market Dates

• Observation Period: From publication until July 31, 2025, at 11:59 PM UTC
• Market Close: The market closes on July 30, 2025, at 11:59 PM UTC
• Resolution Time: July 31, 2025, at 11:59 PM UTC, or earlier if the outcome is determined

Resolution Criteria

• Resolves to "Pump" if PUMP's market capitalization is higher than BONK's market capitalization at the resolution time
• Resolves to "Bonk" if BONK’s market capitalization is higher than PUMP’s market capitalization at the resolution time
• Resolution will be based on GeckoTerminal's market cap data for both tokens at July 31, 2025, 11:59 PM UTC (or the last available 1-minute candle before this time), using:

▪ 1-minute candle timeframe

▪ Market cap view

▪ Close price (C)

Resolution sources:

• PUMP: https://www.geckoterminal.com/solana/pools/2uF4Xh61rDwxnG9woyxsVQP7zuA6kLFpb3NvnRQeoiSd
• BONK: https://www.geckoterminal.com/solana/pools/3ne4mWqdYuNiYrYZC9TrA3FcfuFdErghH97vNPbjicr1

Cancellation Conditions

• Either token's GeckoTerminal page becomes unavailable
• Major technical issues affect the market cap calculation of either token
• The data becomes unavailable or unreliable for accurate comparison
• If both tokens are on exactly the same market capitalization

In the event of cancellation, participants may claim their stakes at the market value of their open positions at the time of cancellation. This could result in a profit or a loss, depending on the price of their outstanding shares.