BONK has a maximum supply of 88.86 trillion tokens, with about 77.25 trillion currently in circulation. You'll find that nearly half of all tokens are controlled by the top 10 wallets, including the Bonk DAO treasury and major exchanges like Huobi and Gate.io. The token's supply has decreased through significant burns, including a 5 trillion token reduction in January 2023. The token's distribution strategy continues to evolve through community initiatives.
Key Takeaways
- Initial total supply of BONK was 100 trillion tokens, with approximately 88-90 trillion remaining after major burns.
- Current circulating supply ranges between 73-77 trillion BONK tokens, with 77.25 trillion actively trading.
- Token burns removed over 6.69 trillion tokens through events like "BURNmas" and January 2023's 5 trillion burn.
- Top 100 wallets control 68.88% of supply, with the largest single wallet holding about 14%.
- Over 821,000 holders own BONK tokens, making it the most widely distributed Solana memecoin.
The Total Supply of BONK Tokens
The initial supply of BONK tokens launched at a staggering 100 trillion tokens, with half distributed through airdrops to various Solana ecosystem participants. The token economics divided the remaining supply between early contributors (20%), Bonk DAO operations (15%), and marketing initiatives (10%).
BONK's total supply has since decreased drastically through strategic burns. A major 5 trillion token burn occurred in January 2023 to address price dynamics, followed by the December 2024 "BURNmas" event that removed another 1.69 trillion tokens. These burns, combined with community-driven initiatives, have reduced the maximum supply to approximately 88-90 trillion tokens.
Currently, the circulating supply ranges between 73-77 trillion BONK tokens, with remaining allocations held in vested team tokens and DAO reserves. This deflationary approach sets BONK apart from other meme coins, creating a more scarcity-focused token structure. The token has maintained a 59-day average hold time among investors, suggesting a relatively stable long-term holder base.
Current Distribution and Circulation
While you'll find approximately 73-77 trillion BONK tokens in circulation today, key entities like the Bonk MultiSig Wallet and Treasury control nearly 25% of the supply. Major exchanges maintain significant holdings, with Huobi and Gate.io possessing over 4% combined, while the Bonk DAO retains 9% of circulating tokens. The innovative Solana blockchain-based token has captured widespread attention since its December 25th launch.
These concentrated holdings influence BONK's market dynamics, with initial DEX liquidity allocations and vesting schedules continuing to shape token distribution patterns.
Total Supply Vs Circulating
Understanding Bonk's supply metrics reveals two distinct figures: a circulating supply of 77.25 trillion tokens actively trading in markets, and a larger total supply of 88.86-88.88 trillion tokens.
When you're tracking token issuance trends, you'll notice that the circulating supply represents about 87% of all existing BONK tokens, with the remaining 11.6-11.7 trillion held in reserves or locked contracts. Through supply auditing processes, you can verify that BONK launched with 100 trillion tokens, but burns have reduced this to the current maximum cap of 88.88 trillion.
The gap between circulating and total supply matters because reserved tokens could affect market prices if released. With a market cap of $1.33B, BONK has established itself as a significant player in the cryptocurrency space, ranking #68 on CoinMarketCap. You'll want to monitor both metrics to understand BONK's potential market impact and inflation risks.
Major Holder Breakdowns
Major holders of Bonk reveal significant concentration, with the top 10 wallets controlling 45.48% of BNB Chain supply and the top 100 holders owning 68.88%. While undisclosed internal allocations exist, you'll find notable external investor implications in the current distribution.
Key holding breakdowns include:
- Single largest wallet: ~14% of circulating supply
- Bonk DAO treasury: 9% of supply for ecosystem development
- Early contributors: 20% with 3-year linear vesting
- Centralized exchanges: ~4-5% combined in top wallets
The community has grown to over 821,000 holders across networks, making Bonk the most widely-held Solana memecoin. However, concentration remains high, with the top 0.012% of wallets controlling more than 45% of the total supply. With a circulating supply of 77.2 trillion BONK tokens, the distribution shows both significant retail participation and whale concentration.
Exchange Distribution Patterns
Since its launch, BONK's exchange distribution reveals substantial market penetration across both centralized and decentralized platforms. You'll find significant exchange listing concentration on major CEXs, with Huobi holding 3.06%, Gate.io maintaining 1.11%, and MEXC controlling 1.01% of reserves. The Bonk DAO holds 15% of the total supply to support ongoing development initiatives.
The token's participation incentives are evident in its trading patterns, with Coinbase users showing a median holding period of 59 days. DEXs like Raydium and Orca received 5% of initial supply for liquidity provisioning, now facilitating over $91M in daily trading volume.
The combined CEX and DEX activity ranges between $67M-$87M daily, demonstrating robust market engagement. This distribution structure supports active trading while maintaining sufficient liquidity across various platforms.
Major Wallet Holdings and Exchanges
While BONK tokens can be found across numerous platforms, several major exchanges dominate the trading landscape. MEXC leads with over $11.8M in daily volume, followed by HTX and Coinbase, showcasing strong exchange liquidity dynamics. These platforms primarily offer BONK/USDT and BONK/USD trading pairs.
When it comes to wallet distribution trends, you'll find various storage options available:
- Hardware wallets like Ledger and Trezor for secure cold storage
- Major exchange wallets including Binance and Coinbase for active trading
- Decentralized exchanges such as Raydium and Orca for Solana-based swaps
- Institutional custody solutions through KYC-compliant platforms
The project's largest wallet maintains tokens for strategic distribution, while trading volume concentrates on USDT pairs across 39+ exchanges globally. You'll find robust liquidity on centralized platforms, with minimum deposits typically starting at $50 for most trading venues.
Token Burns and Supply Reduction
Through a series of strategic burn events, BONK has dramatically reduced its token supply from the initial 100 trillion to approximately 91 trillion by early 2025. The project's deflationary tokenomics have been implemented through major burn initiatives, including the BURNmas event that eliminated 1.69 trillion tokens ($51M+ value) and the Lunar New Year burn that removed another 2.02 trillion.
The burns are executed through DAO governance models, where the community actively participates in decision-making. The December 2024 BURNmas initiative, for example, received 99% approval from DAO voters. The burns are conducted by sending tokens to unspendable addresses, permanently removing them from circulation. The token burns have contributed to BONK's impressive 7,000% price surge from June 2023 to June 2024.
While the total burned amount exceeds 5 trillion tokens, the circulating supply sits at around 77 trillion, with remaining tokens locked in staking pools and DAO reserves. Each burn event is transparently tracked on the Solana blockchain, allowing you to verify the reductions.
Market Statistics and Trading Volume
Beyond the token burns' impact on supply, BONK's market performance reveals significant trading activity and valuation metrics. The token's meme coin popularity has driven its market cap to between $1.33B-$1.5B, positioning it among the top 100 crypto assets globally. The project's circulating supply of 77.3T represents a substantial portion of the ecosystem's tokens.
Frenetic trading activity manifests in daily volumes ranging from $67M to $192M across major exchanges like Coinbase, Kraken, and Binance. You'll find BONK's price action reflects both volatility and growth potential, with key statistics showing:
- Current price range of $0.000017-$0.000019 per token
- Volume/Market Cap ratio averaging 5%
- Year-to-date gains of 39-45% despite recent pullbacks
- Market cap representing 0.06% of total crypto market value
While BONK has retreated 70% from its all-time high of $0.000059, it's still outperforming Ethereum's yearly performance by a notable margin.
Growth and Evolution of Supply Metrics
The dramatic evolution of BONK's supply metrics since its launch reveals a carefully orchestrated tokenomics model. You'll see token maturity reflected in the shift from an initial 100 trillion supply to the current 88.87 trillion cap, driven by strategic burns and vesting schedules. The project resonated strongly with the community after its Christmas Day 2022 launch.
| Timeline | Circulating Supply | Key Events |
|---|---|---|
| Launch | 50T BONK | Initial airdrops |
| Jan 2023 | 56T BONK | Early distribution |
| Feb 2025 | 77T BONK | Vesting releases |
| Current | 77T/88.87T | Active trading |
| Future | 88.87T max | Full distribution |
Supply transparency shows you how BONK's distribution has evolved, with 20% allocated to early contributors under three-year vesting and 20% airdropped to NFT holders. The remaining allocations support ecosystem growth through DAO reserves (15%), OpenBook traders (15%), and development initiatives (30%). Regular burn events have permanently removed over 5 trillion tokens, demonstrating the project's commitment to maintaining value through controlled supply management.
Frequently Asked Questions
What Happens to BONK Tokens When a Holder's Wallet Becomes Inactive?
When your wallet becomes inactive, your BONK tokens remain securely in your possession – wallet dormancy doesn't automatically trigger token redistribution or forfeiture. You'll keep full ownership rights unless you lose your private keys.
While transaction burns and governance decisions may affect overall supply, your inactive tokens stay put. Just remember, you'll need your wallet credentials whenever you decide to access them again.
Can BONK Tokens Be Converted Directly to Fiat Currency?
Yes, you can convert your BONK tokens directly to fiat currency through major exchanges like Binance, OKX, and Bitget. You'll need to contemplate token liquidity and market price volatility when timing your conversion.
The process typically requires KYC verification and may take 1-5 business days for bank transfers. You're looking at fees between 0.02% to 0.1%, and you'll find better rates on exchanges with higher trading volumes.
How Does Staking Affect the Total BONK Supply?
When you stake BONK, it doesn't affect the total supply since staking rewards distribution comes from existing tokens, not new minting. You're simply receiving a share of ecosystem fees that are redistributed.
There's no BONK token inflation through staking – the process just temporarily removes tokens from circulation while they're locked up. Think of it as moving tokens around rather than creating or destroying them.
What's the Minimum Amount of BONK Required for Governance Participation?
You don't need to meet a specific minimum threshold to participate in BONK governance, as there's no officially documented requirement. Your voting power directly correlates with your token allocation – the more BONK you hold, the greater your influence in decisions.
While voting participation is open to all token holders, you'll want to maintain an active stake to maximize your voice in the community's governance process.
Are There Geographic Restrictions on Who Can Hold BONK Tokens?
Yes, you'll face geographic restrictions when accessing BONK tokens. Token availability varies by region, with notable limitations in the U.S., Canada, and U.K. where major exchanges like Kraken prohibit trading.
Token distribution is subject to local regulatory requirements, so you'll need to verify your eligibility based on your location. While you can technically hold BONK tokens anywhere, your ability to buy or trade them depends on your jurisdiction's regulations.
