Fomo Tops Hyperliquid in 24-Hour Revenue Amid Solana Trading Boom

Fomo, the social trading app built on Solana, has surpassed Hyperliquid in 24-hour revenue, marking a significant shift in DeFi's competitive landscape. According to DefiLlama data, Fomo posted higher 24-hour revenue than Hyperliquid, with recent figures fluctuating between $150K and $400K.

This achievement is impressive considering that Fomo only launched perpetual futures trading in June 2026, while Hyperliquid has recorded single-day revenues as high as $6.84M during peak periods. However, Fomo's ability to momentarily match or exceed Hyperliquid's output suggests where DeFi user attention is flowing.

Fomo earns most of its revenue from transaction fees on Solana token swaps, with the perps integration contributing a relatively modest slice of total revenue. The platform's weekly revenue hit an all-time high of $2.64M for the week ending August 8, 2026, placing it in the same conversation as established Solana heavyweights like Jupiter and Phantom.