The founders of Bioniq, a marketplace for Bitcoin-based collectibles, launched Odin.fun Thursday—aiming to reinvigorate a tepid Runes meme coin market by mirroring Solana’s immensely popular Pump.fun token launchpad.

Letting users launch Bitcoin-based meme coins in a way that parallels the popular Solana app, Odin.fun was designed around speed, Bioniq CEO and co-founder Bob Bodily told Decrypt. The platform features two-second transaction finality, according to a press release, ensuring that traders aren’t waiting around for meme coins to hit (or leave) their wallets.

“Meme coins need to be traded at the speed of light,” Bodily said. “There’s something about the degen mentality where