Fomo Beats Pump.fun in Daily Revenue on Solana

Fomo has overtaken Pump.fun in daily revenue on the Solana blockchain. According to DefiLlama data, Fomo generated $1.76 million in daily revenue on Friday, surpassing Pump.fun's $1.1 million.

This milestone comes despite Pump.fun's lead over longer periods. The memecoin launchpad has generated more than $57 million over the past 30 days, compared to Fomo's $17.6 million.

Fomo is a social trading platform that combines cryptocurrency trading with features resembling a social media feed. It allows users to view other users' trades and has seen significant growth since its launch. In June, Fomo closed a $75 million Series B round led by Index Ventures, valuing the social trading app at $550 million.