Fomo overtakes Pump.fun in daily revenue on Solana
Fomo beats Pump.fun in daily revenue
On Friday, the social trading platform Fomo earned $1.76 million in daily revenue on the Solana blockchain. Pump.fun, a memecoin launchpad, earned $1.1 million on the same day.
Key numbers
- Fomo daily revenue: $1.76 million.
- Pump.fun daily revenue: $1.1 million.
- Pump.fun 30‑day revenue: > $57 million.
- Fomo 30‑day revenue: $17.6 million.
Platform features
Fomo combines cryptocurrency trading with a social‑media‑style feed. Users can see trades made by other users.
Recent growth milestones
- In June, Fomo closed a $75 million Series B round led by Index Ventures, valuing the company at $550 million.
- More than 68,000 users bought crypto for the first time on Fomo using Apple Pay, generating about $25 million in transaction volume.
- On June 11, Fomo added perpetual futures contracts powered by Hyperliquid for users outside the United States.
- Fomo reported paying over $2 million in referral fees to users as of June 2.
Why the revenue shift matters
The higher daily revenue shows that Fomo’s social trading model is attracting significant activity on Solana, even though Pump.fun still holds a larger share over longer periods.
Sources
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