Fomo Overtakes Pump.fun in Daily Revenue on Solana

Fomo, a social crypto trading platform built on Solana, has surpassed Pump.fun in daily revenue. According to DefiLlama data, Fomo generated $1.76 million in revenue on Friday, exceeding Pump.fun's $1.1 million for the same day.

This achievement follows Fomo's expansion into additional trading products this year, including Hyperliquid-powered perpetual futures available outside the U.S. The platform combines cryptocurrency trading with a social feed that lets users see other users' transactions.

Fomo secured $75 million in Series B financing led by Index Ventures in June, valuing the company at $550 million. Additionally, Fomo has reported growth among first-time crypto buyers, with over 68,000 users making their initial purchase through Apple Pay, representing about $25 million in transaction volume.