Bonk price and where to buy BONK

What is Bonk?

BONK is a dog-themed meme token on Solana, handed out for free to Solana users and developers when it launched. It is used as a tip and reward token across Solana apps, but most trading in it is speculation. Its supply runs to tens of trillions of tokens.

How to buy Bonk, step by step

1. Pick an exchange. BONK is listed on every exchange we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy BONK. Use the BONK/USDT or BONK/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. BONK is a token on Solana, so withdraw it on the Solana network to a Solana wallet.

Where to buy Bonk at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on BONK the venues disagree by about 0.35 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Bonk price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.35 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about 179 minutes out of every thousand, and reached about 2.3 percent at its widest.

About two fifths of the BONK spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Bonk price

The wider crypto market, and in BONK’s case its own news too. In our hourly composite, BONK moved with Bitcoin at a correlation of about 0.52, where 1 would mean identical moves, and its moves were about three times the size of Bitcoin’s.

Beyond the market, BONK moves on attention and on activity in the Solana ecosystem, and its gap between exchanges is among the widest of any coin we have measured. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Bonk

Pros

• Listed on every exchange we track.
• Widely used as a tip and reward token in Solana apps.

Cons

• Among the widest and most frequent price gaps between exchanges we have measured: above half a percent in almost one minute out of five.
• Its price rests largely on speculation.
• Its hourly moves were about three times Bitcoin’s in our data.

Bonk’s highest price

Bonk’s all-time high is about $0.000058 on volume-weighted data. The chart above shows the last 30 days of our composite, and the BONK to USD converter applies the live price to any amount.