- DefiLlama showed FOMO’s 24-hour revenue at about US$234,500 (AU$337,700) on Sunday, ahead of Phantom’s wallet at US$123,500 (AU$177,800) and Jupiter’s aggregator at US$81,000 (AU$116,600).
- The lead is fluid: the apps’ 24-hour measurement windows overlap and the figures moved against each other through the day.
- FOMO closed a US$75 million (AU$108 million) Series B led by Index Ventures in June at a US$550 million (AU$792 million) valuation.
FOMO, a social trading app on Solana launched in 2025, generated about US$234,500 (AU$337,700) in 24-hour revenue on Sunday, according to DefiLlama, ahead of Phantom’s wallet at about US$123,500 (AU$177,800) and Jupiter’s swap aggregator at about US$81,000 (AU$116,600).
The lead shifted through the day. The apps’ 24-hour measurement windows overlap and the figures moved against each other, and DefiLlama lists Jupiter’s products separately, counting its perpetuals exchange, lending arm and swap aggregator as individual line items.
Within weeks of its revenue surge, industry trackers had placed FOMO seventh among Solana protocols by daily revenue.
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Copy Trading With a Social Feed
FOMO combines copy trading with social features, letting users follow other traders and mirror their positions.
The app runs a leaderboard of top traders, a feed of users’ latest trades, and gasless cross-chain swaps, and it does not hold customer funds. Perpetual futures trading was added in June.
The company was founded by Paul Erlanger, Se Yong Park and Prashan Dharmasena, three engineers who previously worked at the crypto exchange dYdX. The app is onboarding about 3,500 new users a day with a team of 17 people, according to Fortune’s reporting on the company, and its seed round drew 140 angel investors. FOMO also earns builder fees from perpetuals on Hyperliquid, where DefiLlama records a separate revenue line of about US$4,700 (AU$6,800) for the same day.
FOMO raised US$75 million (AU$108 million) in Series B funding in June at a US$550 million (AU$792 million) valuation. Index Ventures led the round, with participation from Union Square Ventures and angel investors including Zynga co-founder Mark Pincus, Eventbrite co-founder Kevin Hartz and Discord CEO Humam Sakhnini.
The company said it plans to use the capital to hire engineers and weigh acquisitions of smaller companies.
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Source: Original Article
