Clanker, a token launchpad operating on the Base blockchain, has reported earning over $13 million in revenue within the first five months of its launch in November.
Clanker, a token launchpad operating on the Base blockchain, has reported earning over $13 million in revenue within the first five months of its launch in November. The platform has facilitated the creation of more than 200,000 tokens, contributing to an impressive $2.7 billion in on-chain swap volume.
Since its inception, Clanker has generated nearly $27 million in all-time fees, resulting in an average monthly revenue of approximately $2.6 million. The revenue model is distinct from its competitors, as Clanker does not impose fees for token creation. Instead, it charges a 1% fee on transactions within the Uniswap V3 liquidity pool for tokens issued through its platform. This fee structure is designed to benefit both token creators and users.
Clanker has carved out a unique space in the Ethereum layer-2 ecosystem despite the presence of competitors like Pump.fun, a token creation platform on Solana that has reportedly generated over $600 million in revenue.
While both platforms facilitate meme coin creation, they differ in their operational strategies and ecosystem impacts.
The protocol is integrated with several interfaces, including Bankr and ClankFun, allowing users to create tokens across various platforms. Additionally, Clanker is linked with the decentralized social media platform Farcaster, enabling users to launch tokens directly within that environment.
Clanker's pseudonymous co-founder Alex stated that the project has been profitable from its first day, thanks to a small team and low operational costs. Looking ahead, Clanker aims to evolve into a fully permissionless protocol with immutable fees to further support creators and users in the token deployment process.
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators.
This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice.
The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
