Fomo Surpasses Hyperliquid in Revenue, Solana Social Trading Gains Momentum

Fomo, a social trading app built on the Solana blockchain, has surpassed Hyperliquid in revenue for a 24-hour period. According to recent data, Fomo's peak daily revenue was near $399,000, outperforming Hyperliquid's usual millions of dollars in revenue. This achievement highlights growing user interest in social trading and token swaps on Solana.

Fomo's main source of income comes from transaction fees on token swaps, with perpetual futures trading added in June 2026. The app's strong growth is backed by a $75 million funding round and over 625,000 users.

This milestone reflects shifting user behavior in DeFi, where social features and ease of trading are gaining traction alongside established platforms. Fomo's success suggests it will continue to challenge traditional DeFi giants.