Fomo Surges Past Pump.fun in Daily Revenue on Solana

Fomo has surpassed Pump.fun in daily revenue on Solana, according to DefiLlama data. Fomo generated $1.76 million in daily revenue on Friday, compared with Pump.fun's $1.1 million.

While Fomo outperformed Pump.fun on a single day, the memecoin launchpad still leads over longer periods. Over the past 30 days, Pump.fun has generated more than $57 million, while Fomo has generated $17.6 million.

Fomo combines cryptocurrency trading with social features similar to those found on social media platforms. Users can view other users' trades and participate in a feed-like environment.

The platform has seen significant growth this year, including the launch of perpetual futures contracts powered by Hyperliquid for users outside the US. Additionally, Fomo reported that more than 68,000 users made their first cryptocurrency purchase on the platform using Apple Pay, accounting for about $25 million in transaction volume.