FILEThe trenchbook · operator · 5 wallets on file

The StonkFun treasury trail

File opened Oct 5, 2026 · updated Oct 5, 2026

trenchbook.app · The StonkFun treasury trail · updated Oct 5, 2026 · trenchbook.app/file/stonkfun-treasury-trail

The wallets StonkFun's money moves through: its treasury, the wallet its own API lists as $STONK's creator, and two wallets holding about $10.5 million in USDC.

Named for what it did on the chain. Who controls these wallets is only stated where a published piece establishes it.

Coins

$STONKStonkFun's API lists H6qo… as its creator · Solana (6GmA…UNgx)

Where does StonkFun's money go?

StonkFun's reward coins charge a tax on every transfer, collected by one wallet that sells it and pays holders. Our earlier check found that from August to 20 September part of that tax also went to two team wallets: the one StonkFun's own API lists as $STONK's creator, and the one Bitquery identifies as StonkFun's treasury.

The money keeps moving. Since 11 September the creator wallet has sent about $10.4 million in USDC into two holding wallets, which have sent none of it out. Part of that USDC comes straight from the treasury. A platform moving its revenue into its own wallets is normal; what these two holding wallets are for isn't public.

How the USDC moves

newest first

Oct 4, 2026, 2:00 PM ET
Three minutes later the creator wallet passes $255,693 in USDC to BsWo….
Creator wallet to BsWo… ↗
Oct 4, 2026, 1:57 PM ET
The treasury sends the creator wallet $225,473 in USDC.
Treasury to creator wallet ↗
Oct 1, 2026, 8:40 PM ET
The creator wallet sets up a second holding wallet, BsWo….
BsWo… set up ↗
Sep 21, 2026, 8:39 PM ET
The creator wallet sends $744,860 in USDC to 3sFm…, its largest single transfer there.
The $744,860 transfer ↗

The wallets

5 on file

reward tax5KXD…K6tDThe one wallet allowed to collect the 3% tax on StonkFun reward coins; sells it and pays holders. · Our briefing ↗

treasury458a…UkreIdentified by Bitquery as StonkFun's treasury; sent the creator wallet $2.27M in USDC since 27 Sep. · Our briefing ↗

listed $STONK creatorH6qo…acRQListed by StonkFun's API as STONK's creator; has passed about $10.4M in USDC to the two holding wallets since 11 Sep. · Our briefing ↗

USDC holding wallet3sFm…YDNtHeld $9,354,897 in USDC on 4 Oct 2026; has sent none out. · Our briefing ↗

USDC holding walletBsWo…LSHgSet up by H6qo… on 1 Oct; held $1,195,779 in USDC on 4 Oct 2026. · Our briefing ↗

From our dispatch

Part of StonkFun's reward tax went to the teamAn 86,000-view post said the tax StonkFun holders pay partly ends up in team wallets. It named the wallet. We checked the transactions.Read the dispatch →

What we don't know

What the two USDC holding wallets are for and who controls them.
Where the creator wallet's USDC came from before 27 September.

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