Solana
Fomo tops Pump.fun in daily Solana revenue while trailing over 30-day period
Social trading application Fomo generated $1.76 million in daily fees on Solana, temporarily surpassing launchpad Pump.fun.
Social trading platform Fomo recorded $1.76 million in daily revenue on Friday, surpassing the $1.1 million generated by memecoin launchpad Pump.fun, according to data from DefiLlama. Over a 30-day window, however, Pump.fun maintained a sizable lead with more than $57 million in revenue compared to $17.6 million for Fomo.
Fomo blends cryptocurrency execution with a social feed format, allowing participants to track trades made by other users. In June, the platform raised $75 million in a Series B funding round led by Index Ventures at a $550 million valuation. The firm reported that over 68,000 users completed their first crypto purchase via Apple Pay on the application, representing around $25 million in volume.
Product expansion continued earlier in the year with the June 11 launch of perpetual futures powered by Hyperliquid for non-U.S. clients. Fomo also stated on June 2 that it had distributed over $2 million in referral payments to its user base.
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