fomo vs Moonshot: two phone apps for memecoins

Both are phone-first and both cover the basics of buying a memecoin with a card. The fee schedules are very different.

Updated Fact-checked November 10, 2026 11 sources
Short answer

On Solana buys, fomo's own fee is the lower one at all three sizes: $0.50 to $0.95 against $0.99 on $25, $0.95 against $1.00 to $2.50 on $100, and $5.00 against $10.00 on $1,000. Moonshot's schedule is 2.5% (about $0.99 minimum) to $100, 1% above (published schedules, read 10 November 2026).

What one spot buy costs

Each app's own fee on one buy, from its published schedule. fomo's rows come from its fee schedule through our fee engine; nobody's fee here is measured.

  • fomoSolana, lowest-fee route $0.50
  • fomoSolana, other routes $0.95
  • fomoBase, BNB Chain, Ethereum and other chains $0.13
  • pump.fun appPlatform Fee, web and mobile app, no referral code $0.11
  • PhantomIn-wallet swap $0.21
  • AxiomBase fee, lowest cashback tier $0.25
  • MoonshotBuy or sell in the app $0.99
  • RobinhoodStandard trade (market maker routing, the default) no commission; spread not published
  • RobinhoodExchange routing, lowest volume tier, market order $0.24
  • CoinbaseSimple buy or sell in the app not published
  • fomoSolana, lowest-fee route $0.95
  • fomoSolana, other routes $0.95
  • fomoBase, BNB Chain, Ethereum and other chains $0.50
  • pump.fun appPlatform Fee, web and mobile app, no referral code $0.45
  • PhantomIn-wallet swap $0.85
  • AxiomBase fee, lowest cashback tier $1.00
  • MoonshotBuy or sell in the app $1.00 to $2.50
  • RobinhoodStandard trade (market maker routing, the default) no commission; spread not published
  • RobinhoodExchange routing, lowest volume tier, market order $0.95
  • CoinbaseSimple buy or sell in the app not published
  • fomoSolana, lowest-fee route $5.00
  • fomoSolana, other routes $5.00
  • fomoBase, BNB Chain, Ethereum and other chains $5.00
  • pump.fun appPlatform Fee, web and mobile app, no referral code $4.50
  • PhantomIn-wallet swap $8.50
  • AxiomBase fee, lowest cashback tier $10.00
  • MoonshotBuy or sell in the app $10.00
  • RobinhoodStandard trade (market maker routing, the default) no commission; spread not published
  • RobinhoodExchange routing, lowest volume tier, market order $9.50
  • CoinbaseSimple buy or sell in the app not published
Fee on one spot buy by app and trade size
App and published rate$25$100$1,000
fomoSolana, lowest-fee routeFloors below $190, then 0.50%Network fee: fomo pays Solana gas $0.50$0.95$5.00
fomoSolana, other routes0.50%, $0.95 minimumNetwork fee: fomo pays Solana gas $0.95$0.95$5.00
fomoBase, BNB Chain, Ethereum and other chains0.50%Network fee: You pay the network fee on top $0.13$0.50$5.00
pump.fun appPlatform Fee, web and mobile app, no referral code0.45%Network fee: You pay Solana gas; on EVM chains pump.fun pays gas and adds 0.10% to 0.15% $0.11$0.45$4.50
PhantomIn-wallet swap0.85% on most swapsNetwork fee: You pay; some swaps are gasless (sponsored) $0.21$0.85$8.50
AxiomBase fee, lowest cashback tier1%, about 0.95% net of cashbackNetwork fee: You pay, including a priority fee you set $0.25$1.00$10.00
MoonshotBuy or sell in the app2.5% (about $0.99 minimum) to $100, 1% aboveNetwork fee: A separate 'crypto fee' for the network and routing, shown before you confirm $0.99$1.00 to $2.50$10.00
RobinhoodStandard trade (market maker routing, the default)No commission; spread not publishedNetwork fee: Not applicable inside the account no commission; spread not published
RobinhoodExchange routing, lowest volume tier, market order0.95% (0.50% on resting limit orders)Network fee: Not applicable inside the account $0.24$0.95$9.50
CoinbaseSimple buy or sell in the appNot published as a scheduleNetwork fee: Not applicable inside the account not published

Each row is the app’s own fee on one trade and nothing else. Outside every row: pool and LP fees (including pump.fun’s on-chain protocol and creator fees, which apply on every app), any spread built into a quoted price, network fees unless the row says the app pays them, price impact, slippage and token taxes. Perps rows exclude funding (or Moonshot’s borrowing fee) and assume a market order at each venue’s base tier.

  • fomo, Solana, lowest-fee route: Which Solana route is available changes from trade to trade, so the same size can cost either fomo Solana row.

What a perps trade costs

Perps (perpetual futures) let you bet on a price with borrowed money; the fee is charged on the full position size, not your margin. Bars: opening a $1,000 position with a market order.

  • fomoUp to 0.05% fomo fee plus Hyperliquid taker fee up to $0.95
  • HyperliquidDirect, base tier, taker $0.45
  • Phantom0.05% Phantom fee plus Hyperliquid $0.95
  • pump.fun appUp to 0.05% builder fee plus Hyperliquid up to $0.95
  • AxiomPerpetuals tab, on Hyperliquid not published
  • MoonshotLeverage: transaction fee only (borrowing fee extra) $1.00
  • CoinbaseUS perpetual-style futures (Coinbase Derivatives) not on a page we could read
Perps fee per side by app and position size
App and published rate$25$100$1,000Open + close $1,000
fomoUp to 0.05% fomo fee plus Hyperliquid taker feeup to 0.095% per side up to $0.024up to $0.095up to $0.95up to $1.90
HyperliquidDirect, base tier, taker0.045% per side $0.011$0.045$0.45$0.90
Phantom0.05% Phantom fee plus Hyperliquid0.095% per side $0.024$0.095$0.95$1.90
pump.fun appUp to 0.05% builder fee plus Hyperliquidup to 0.095% per side up to $0.024up to $0.095up to $0.95up to $1.90
AxiomPerpetuals tab, on HyperliquidNot published not published
MoonshotLeverage: transaction fee only (borrowing fee extra)0.20% ($0.25 minimum) to $100, 0.10% above $0.25$0.25$1.00$2.00
CoinbaseUS perpetual-style futures (Coinbase Derivatives)Not read not on a page we could read

Per side means one execution: you pay it again when you close. Excludes funding payments (or Moonshot's borrowing fee) and assumes the lowest volume tier with no staking or referral discount. On Hyperliquid's stock, commodity and other builder-deployed markets the Hyperliquid part of the fee is set per market. fomo and pump.fun publish only a maximum for their own part, so their rows read "up to". fomo's minimum position is 15 USDC.

  • Moonshot: Moonshot charges an hourly borrowing fee instead of funding payments; it is not in this number.

Beyond cost

fomo and Moonshot compared on custody, chains, platforms and availability
FeaturefomoMoonshot
What it isPhone-first trading app with a social feed of every tradePhone app for buying memecoins and creating coins
Who holds your cryptoNon-custodial wallets on Privy; the key is split into shares and you can export it from SettingsSelf-custodial embedded wallets on Turnkey; you can export the secret phrase
ChainsSolana, Base, BNB Chain, Monad, Ethereum, Robinhood Chain, Arc and Elysium from one cash balance; perps on HyperliquidSolana, with Robinhood Chain added per one help article (another still says Solana only); deposits from other chains are converted to USDC or SOL
PlatformsiOS, Android and webiOS and Android
FundingUSDC, Apple Pay, debit card, Pay with Coinbase, and US bank (ACH) for some accounts; card and bank on mobile onlyMoonPay, Coinbase, Robinhood, Binance or Revolut: card, bank, PayPal, Venmo or Apple Pay depending on provider and region; the provider charges its own fee
PerpsYes, Hyperliquid markets including stocks and commodities; not for US personsLeverage up to 250x on SOL, ETH and BTC, with an hourly borrowing fee; not in the US, Canada or UK
In the USSpot trading yes; perps and tokenized stocks noSpot trading yes; leverage and tokenized stocks no
Social featuresFeed of every trade, following, theses, leaderboards and clans; no copy tradingSend coins to other users by username, create and share coins; no trader feed described

The short version

Moonshot and fomo both let you buy a memecoin on your phone a minute after downloading the app. On the fee for one Solana buy, fomo's own fee is the lower one at all three sizes. The gap is widest on small trades, where Moonshot’s minimum of about $0.99 applies, and on large ones, where Moonshot charges 1% against fomo’s lower percentage.

How Moonshot’s fee works

Moonshot’s help centre splits every trade’s cost into a “Moonshot fee” (the table above) and a “crypto fee” that covers the network and order routing and goes to third parties. Both show before you confirm. Its fee table lists $2 to $100 at 2.5% with a minimum of about $0.99, and $100+ at 1%, so a trade of exactly $100 sits in both bands; the table shows both readings.

fomo’s Solana fee has floors too, but lower ones, and it pays the Solana network fee for you.

Leverage and tokenized stocks

Both offer leveraged trading outside the US. Moonshot advertises up to 250x on SOL, ETH and BTC, charges a transaction fee on each open and close (in the perps table) and an hourly borrowing fee instead of funding payments. fomo’s perps run on Hyperliquid with up to 40x on BTC. Neither is available to US users, and Moonshot also excludes Canada and the UK. High leverage means a small price move can wipe out the position.

Both also offer tokenized stocks outside the US: Moonshot through Jupiter on Solana, fomo through tokens on Robinhood Chain.

Funding and custody

Moonshot routes card, bank, PayPal, Venmo and Apple Pay deposits through MoonPay, Coinbase, Robinhood, Binance or Revolut, depending on your region, and says the provider charges its own fee. fomo takes Apple Pay, debit card, Pay with Coinbase and, for some US accounts, bank transfers, and says it adds no fee of its own on Apple Pay deposits.

Both create a self-custodial wallet for you: Moonshot on Turnkey, with a secret phrase you can export; fomo on Privy, with a private key you can export.

Who each one suits

  • Moonshot suits someone who wants its coin creation and its packs, or who wants to fund from PayPal or Venmo where those are offered.
  • fomo suits someone who trades more than occasionally, since its fee is lower at every size in the table, or who wants chains beyond Solana and a feed of other traders.

Most small tokens lose most of their value; a lower fee does not change that.

JomoBench is independent and unofficial; it is not run by fomo or any app on this page. Fees are each app's published schedule as read on the dates in the sources; the fee shown in an app before you confirm always wins. Some outbound links may pay us; that never changes a number here (disclosure, methodology).

Sources

  1. fomo help centre: Trading fees on fomo, read 10 Nov 2026
  2. fomo help centre: Perps trading fees, read 10 Nov 2026
  3. fomo help centre: What is fomo, read 10 Nov 2026
  4. fomo help centre: Supported chains, read 10 Nov 2026
  5. fomo help centre: Ways to add money, read 10 Nov 2026
  6. fomo Terms of Service, §10 (perps not available to U.S. Persons), Internet Archive capture 6 Nov 2026, read 10 Nov 2026
  7. Moonshot support: Fees, read 10 Nov 2026
  8. Moonshot support: Leverage fees, read 10 Nov 2026
  9. Moonshot support: Leverage eligible traders, read 10 Nov 2026
  10. Moonshot support: Fund storage, read 10 Nov 2026
  11. Moonshot support: Deposit, read 10 Nov 2026