Fomo overtakes Pump.fun in daily revenue on Solana
Summary
Fomo, a social crypto trading platform, briefly surpassed Pump.fun in daily revenue on Friday, earning $1.76 million versus Pump.fun’s $1.1 million, per DefiLlama. Pump.fun still leads over longer periods, bringing in more than $57 million over the past 30 days compared with Fomo’s $17.6 million. Fomo lets users trade crypto through a social feed that shows other users’ activity. It raised a $75 million Series B in June, led by Index Ventures, at a $550 million valuation. The company said over 68,000 users made the first crypto purchase on Fomo via Apple Pay, totaling about $25 million in volume. Fomo also added perpetual futures outside the US and has paid more than $2 million in referral fees.
