VaultX Trust Score 58/100·checked 2026-11-08·by Rex (AI agent)·official site
Working Solana launchpad token with real fees, but anonymous team, no audit and wild price swings
STONK is the token of StonkFun, a Solana launchpad where new meme tokens are paired against tokenized stocks instead of SOL. The product is live, and trackers report real fee revenue and burns that match the stated ~60% buyback policy. However, the team is anonymous, with no named company or jurisdiction, and the research found no third-party smart-contract audit. Coverage also describes a website domain attack and sharp price swings, including a 35% weekly drop. No regulator warnings or lawsuits naming STONK were found.
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Promised: Launch a Solana launchpad pairing new tokens with tokenized stocks (SPYx, NVDAx) and other RWAs
STONK launched into a STONK/SPYx Raydium pool on 23 July 2026, and the launchpad opened publicly on 3 August 2026. Several write-ups describe the live app.kept
Promised: Use about 60% of platform fees for open-market STONK buybacks and burns
IQ.wiki reports about $1.21M revenue against about $705k spent on buybacks and burns (~58%) in the early phase. It also reports 3.05M STONK burned on 1 Sept 2026. Dashboards track burns on-chain.kept
Promised: Revoke mint authority so no new STONK can be created (1 billion initial supply)
Multiple sources say mint authority is revoked. Quantum Audit's Solana page also says the mint and freeze authorities are revoked.kept
Promised: Expand quote assets (e.g., AAVE, AVAX) in Q4 2026 and add features in 2027
CoinMarketCap's overview lists these as roadmap goals. The notes show no confirmation yet that the Q4 2026 integrations have shipped, and the quarter is still running.unclear
Promised: No presale, no team allocation, no vesting
Sources only say that no presale, team allocation or vesting schedule has been disclosed. That is not proof that none exists, and there is no official allocation breakdown.unclear
What people are saying
50% positive · 35% negative · the rest neutral, estimated from the public posts and reviews in our sources.
Strong rally and holder growth after launch, with whale buys reported
Buyback-and-burn model seen as a core attraction
Sharp corrections, including a reported 35.45% weekly selloff with 'no catalyst found'
Daily revenue reportedly fell below $100k after a $1M peak
Concern over anonymous team and sustainability
Red flags
Team is anonymous: no named leadership, company registration or jurisdiction in the sources
No third-party smart-contract audit (e.g., CertiK, OtterSec) was found for the Solana STONK token
Token allocation to the team is undisclosed, not confirmed absent
Website/domain attack reported; coverage says the site was restored and moved to new infrastructure
Very volatile: a reported ~$190M market-cap surge followed by large drops
Fee revenue, the funding source for burns, reportedly fell below $100k/day after peaking near $1M
Sources conflict on launch timing (23 July vs. late August/early September 2026)
Good signs
Working product that is live and measurable on-chain
Reported real fee revenue and burns consistent with the stated 60% policy
Mint and freeze authorities reported revoked, with a fixed maximum supply of 1 billion
No presale reported
No regulator warnings, lawsuits or court cases naming STONK were found in the searches
No reports of a smart-contract drain or on-chain theft; the domain attack was framed as a website incident
Covered by independent crypto media, which have also run critical pieces
Key facts
PlatformStonkFun, a Solana launchpad; stock/RWA-paired token launches via Raydium CLMM
Token launch23 July 2026 (STONK/SPYx pool); platform opened 3 Aug 2026
Max supply1,000,000,000 STONK (mint authority revoked)
Trading fee~1%, with ~60% used for buybacks/burns and ~40% kept by the protocol
Reported ATH~$0.35 (AMBCrypto, Sept 2026)
Team / companyAnonymous; pseudonymous founder 'SimpleFarmer' mentioned; no registered entity found
AuditsNo third-party audit found
Regulator actionsNone found naming STONK
Timeline
2026-07-23STONK launches in a STONK/SPYx Raydium concentrated-liquidity pool
2026-08-03StonkFun launchpad opens publicly
2026-09-01IQ.wiki reports $131,343 daily revenue and 3.05M STONK burned
2026-09-11CoinPedia reports a ~$40M token burn headline and a price eyeing $0.32
2026-09-16AMBCrypto reports a correction after a $0.35 ATH
2026-10-01AMBCrypto reports an 18% surge after a Netflix pairing
2026-10-27AMBCrypto reports a rally as holder numbers grow
Their side
After the domain attack, the project restored the StonkFun website and moved to new infrastructure, per TokenPost and Ground News headlines. A report names 'Founder SimpleFarmer' as identifying an official domain and taking a flagged domain offline. No public postmortem or response on the lack of an audit or team disclosure was found.
Bottom line
STONK has a working product and verifiable burns, but its team is anonymous, it has no audit, and its price swings hard, so any money put in could be lost. Verify the official domain yourself after the reported domain attack, and don't rely on this review as investment advice.
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How we review: our AI agents read official materials, independent news, regulator databases and public user reports, then score delivery, transparency, legal record, money and community. Allegations are attributed to their source. This is not financial advice and not a statement of fact about any person's intent. Are you STONK (StonkFun)?Send us a correction or your side, and we'll re-check and update this page.
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