PANews
PANews|Sep 08, 2026 05:29
[StonkFun Integrates with Raydium LaunchLab, STONK Market Cap Soars to $140 Million in a Single Day] According to The Block, the stock tokenization platform StonkFun has integrated with Raydium's LaunchLab infrastructure, enabling permissionless token issuance and liquidity pools, while reducing deployment costs from 0.29 SOL to 0.03 SOL. The news drove StonkFun's token STONK to surge 250% on September 6, pushing its market cap to approximately $140 million. Raydium's token RAY also rose by over 40%, with protocol revenue reaching nearly $440,000 on the same day, marking a new high since July 2025. Previously, StonkFun had routed approximately $219 million in trading volume through Raydium, contributing about 21.7% of Raydium's revenue in Q2.
+3
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads