Tokens launch on the Raydium LaunchLab bonding curve under StonkFun's platform configs, where a platform fee of 0.5% to 1% applies to each trade. After graduation to a Raydium CPMM pool, the operator wallet collects the pool's creator fee, and locked liquidity positions are harvested through Raydium Burn & Earn.

StonkFun is a token launchpad on Solana built on Raydium LaunchLab. Its fees come from the platform fee on bonding-curve trades, the creator fee on graduated Raydium CPMM pools and Burn & Earn harvests. Raydium's own project also books the LaunchLab platform fee, so the two overlap by design.

Token creators and traders on Solana. StonkFun is a launchpad whose tokens can be paired with tokenized stocks, SOL and other tokens.

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StonkFun

# P/F ratio (circulating) Methodology

## Overview

P/F ratio (circulating) measures the circulating market cap relative to annualized fees. It shows how highly the project is valued relative to the activity users are willing to pay for, regardless of whether the project monetizes.

${market_cap_circulating} / (rolling_avg(${fees}, 30) * 365)

Circulating market cap relative to annualized fees.

StonkFunSTONK

P/F ratio (circulating)

P/F ratio (circulating)

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