Fomo surpasses Pump.fun in 7-day revenue as social trading gains ground on Solana

Fomo, the Solana-based social trading app that launched barely a year ago, has overtaken Pump.fun in seven-day protocol revenue according to DeFiLlama data. The milestone marks a notable shift on a blockchain where Pump.fun has been the undisputed revenue king for the better part of two years.

On September 4, Fomo posted $1.76 million in daily protocol revenue. Pump.fun managed $1.1 million the same day. That’s a 60% gap on a single-day basis.

The numbers in context

Over a 30-day window, Pump.fun still commands a significant lead: roughly $57 million in revenue compared to Fomo’s $17.6 million. That’s more than three times the output.

Fomo’s trajectory, though, has been steep. Back in July, the app ranked third among Solana protocols by seven-day revenue, pulling in $1.39 million for the week ending July 16. Pump.fun logged $5.51 million over that same stretch. In less than two months, Fomo closed a gap that looked pretty wide.

The revenue model is straightforward. Fomo charges a flat fee of roughly $1 per swap, or about 0.5% as a minimum transaction fee on self-custodial trades. Additional income trickles in through builder-code fees tied to Hyperliquid perpetual futures. There’s no governance token in the picture, which means the protocol’s revenue is actual revenue, not token-subsidized activity dressed up as demand.

From launch to half-billion valuation in 13 months

Fomo launched in May 2025 and has moved fast since. The app has raised a total of $94 million across funding rounds, the most significant being a $75 million Series B completed in June 2026. That round valued Fomo at $550 million.

The platform has attracted over 625,000 users and processed billions in cumulative trading volume. Around $25 million of that volume came from first-time buyers using Apple Pay.

What social trading means for the competitive landscape

The core difference between these two platforms comes down to user experience philosophy. Pump.fun is a launchpad. Fomo is a social feed with a swap button. Fomo’s features include real-time trade feeds, leaderboards, user follows, and a streamlined one-tap copy trading process.

Pump.fun built its empire on a different thesis: make it trivially easy to launch and trade memecoins. The platform became synonymous with Solana’s memecoin supercycle, generating enormous fees as thousands of tokens were created and traded daily.

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