Bonk Rewards

Bonk Rewards (bonkrewards.com) was the official BONK staking program for Bonk Bonk$0.00000300+1.2% holders on Solana. You locked your BONK for a set term and earned a share of a pool filled with fees from BONK products. There was no fixed yield.

The program is now closed to new deposits. Rewards stopped building up on September 4, 2026, according to its website. If you still have BONK locked, you can take it out early with no penalty. You also get the rewards you earned for the part of the lock that had passed.

How does Bonk Rewards work? Locks, multipliers and the rewards pool

You connected a Solana wallet such as Phantom or Solflare, picked an amount of BONK and chose a lock of 1, 3, 6 or 12 months. The lock form on the site still lists those four terms, along with a multiplier and a weight for each lock.

Longer locks got more weight per token. The site no longer shows the rates, since deposits are closed. An unofficial community guide on Medium from April 2025 gave them as roughly:

• 1 month: 1x
• 3 months: 1.4x
• 6 months: 2x
• 12 months: 3.2x

Treat those as a user's notes, not official figures. Your share of each payout was your weighted stake divided by everyone's weighted stake.

The pool was filled with fees from BONK products. PsyFi's February 2024 update said the program was "powered by Armada". It named the BONKbot trading bot and the BONKswap exchange as fee sources. Payouts rose and fell with what those products earned, and there was never a promised APY.

Per the same community guide, you could claim rewards at any time while the BONK itself stayed locked until the term ended. That changed with the shutdown.

For how BONK ecosystem revenue has moved since, see our coverage of Bonk's Q3 2026 holder report.

Bonk Rewards withdrawal: how to unlock BONK and claim rewards now

The Bonk Rewards site now says "Deposits Closed" where the lock button used to be. It tells users they "may now withdraw your locked deposits early". Rewards stopped growing on September 4, 2026, and you pay no penalty for leaving before your lock ends.

To get your BONK back:

1. Go to bonkrewards.com and connect the wallet you locked from. Each wallet has its own locks, so check every wallet you used.
2. Find your existing deposits, which show once the wallet is connected.
3. Click withdraw. You get back your BONK plus your share of any rewards you had not claimed yet, based on how much of the lock had passed.
4. Approve the transaction in your wallet. You need a little SOL to pay the fee.

People are doing this now. In early November 2026, recent calls to the program were mostly withdrawals of stake and rewards, per Solscan.

Why Bonk Rewards closed: what the site says and the BonkDAO attack

The Bonk Rewards site does not say why it closed. We found no statement from BonkDAO or Armada that explains it. What we do know is the setting. The program's terms of service name BonkDAO as the other party. BonkDAO lost its treasury two months before rewards stopped.

On July 6, 2026, a proposal called "Sowellian BonkDAO" passed a BonkDAO vote. It sent more than 4.4 trillion BONK out of the treasury, worth about $19.3 million at the time, per Decrypt. Decrypt reported that Upbit and Kraken then paused BONK deposits and withdrawals.

No code was broken. QuillAudits' analysis says the attacker bought and borrowed just enough BONK to pass the vote. The proposal had no waiting period, so it ran the moment it passed.

Upbit later ended BONK trading on September 7. It cited the unsolved security incident and slow disclosure, Cryptonomist reported.

The attack hit the DAO treasury. Decrypt, The Block and QuillAudits all describe treasury losses. None of them report any loss of BONK locked in Bonk Rewards.

Is Bonk Rewards safe? Custody, program control and audits

Bonk Rewards was non-custodial. Its terms describe bonkrewards.com as a front end for staking programs, and say BonkDAO never holds users' assets. Locked BONK sits with the on-chain program, which Solscan labels the Bonk Stake Program.

That program can still be changed. Solscan lists it as upgradeable, with the upgrade authority held by a Squads multisig vault named "bonkrewards". A multisig can require several keyholders to sign off on a change, unlike a single key. The page does not show how many signers there are or how many must agree. Solscan also marks the program as not verified, so the deployed code has not been publicly matched to a source build.

We found no published audit for the Bonk Stake Program. The audits that turn up in searches cover the BONK token, not this program.

The practical risk today is small but real: your exit depends on the website and the program staying up. If you still have a lock, withdrawing sooner removes that dependence. Rewards no longer grow, so waiting earns nothing.

Who Bonk Rewards is for now

Bonk Rewards now serves one group: BONK holders who locked tokens and have not yet withdrawn. For them, the site is still the place to recover tokens and unclaimed rewards.

It is not an option for anyone looking to earn on BONK today. Deposits are closed, and the site announces no relaunch.

Bonk Rewards alternatives: other ways to earn on BONK and SOL

With the official lock gone, the options split by what you want to hold.

To keep holding BONK, you can look at exchange earn products. Some big exchanges have offered them. The exchange holds your tokens, and not every region can use them. On-chain, you can add BONK to a liquidity pool on a Solana DEX. That carries price risk and the risk of impermanent loss.

To earn on SOL instead, you can stake it. Staking pays network rewards, not a share of product fees. bonkSOL is a BONK-branded liquid staking token for SOL. You can also pick a validator or a stake pool, and our staking page lays out those routes. Disclosure: Solana Compass runs a validator and its own liquid staking token, compassSOL, so we are one of those options.

None of these matches what Bonk Rewards did, which was pay out a cut of BONK product revenue. That model ended with the program.

Who built Bonk Rewards: Armada, BonkDAO and the Top Dog Foundation

Armadafi built the program on its token staking infrastructure. The site's footer still reads "© 2026 Armada Bonk Rewards" and "Brought to you by the team at Top Dog Foundation". The terms, last updated February 6, 2024, are an agreement between the user and BonkDAO.

The program was live by February 2024. By then, more than 94,000 addresses had staked, PsyFi's update reported.

Those stakers had locked over 2.7 trillion BONK, worth about $70 million at the time. The average lock was a little over four months.

Rewards stopped in September 2026, about two and a half years later.