Fomo generated $1.76 million in daily revenue on Friday, surpassing memecoin launchpad Pump.fun, which recorded about $1.1 million, according to DefiLlama.
Pump.fun still leads over longer timeframes, generating more than $57 million over the past 30 days, compared with $17.6 million for Fomo.
Fomo is a social trading platform that combines crypto trading with a social-media-style feed, allowing users to view the trades of other users.
In June, Fomo raised $75 million in a Series B round led by Index Ventures, valuing the company at $550 million. The platform said more than 68,000 users made their first crypto purchase through Apple Pay, representing about $25 million in transaction volume.
Fomo has also expanded beyond spot trading, launching Hyperliquid-powered perpetual futures for users outside the US and paying more than $2 million in referral rewards. $PUMP $HYPE
Pump.fun still leads over longer timeframes, generating more than $57 million over the past 30 days, compared with $17.6 million for Fomo.
Fomo is a social trading platform that combines crypto trading with a social-media-style feed, allowing users to view the trades of other users.
In June, Fomo raised $75 million in a Series B round led by Index Ventures, valuing the company at $550 million. The platform said more than 68,000 users made their first crypto purchase through Apple Pay, representing about $25 million in transaction volume.
Fomo has also expanded beyond spot trading, launching Hyperliquid-powered perpetual futures for users outside the US and paying more than $2 million in referral rewards. $PUMP $HYPE
