fomo vs Robinhood: an onchain app against a crypto brokerage

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.

$25 buy$100 buy$1,000 buy

• 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.
• Robinhood: Robinhood earns on default-routed orders through the spread and volume rebates from market makers; it does not publish the spread.

Beyond cost

fomo and Robinhood compared on custody, chains, platforms and availability

Feature	fomo	Robinhood
What it is	Phone-first trading app with a social feed of every trade	US brokerage app with a crypto account (Robinhood Crypto, LLC)
Who holds your crypto	Non-custodial wallets on Privy; the key is split into shares and you can export it from Settings	Robinhood Crypto holds the crypto in your account; transfers out are supported; not FDIC or SIPC insured
Chains	Solana, Base, BNB Chain, Monad, Ethereum, Robinhood Chain, Arc and Elysium from one cash balance; perps on Hyperliquid	A list of supported coins rather than chains; Robinhood Wallet and Robinhood Chain are separate products
Platforms	iOS, Android and web	App, web and Robinhood Legend (desktop)
Funding	USDC, Apple Pay, debit card, Pay with Coinbase, and US bank (ACH) for some accounts; card and bank on mobile only	Your brokerage buying power from bank deposits; Instant accounts typically get up to $1,000 at once
Perps	Yes, Hyperliquid markets including stocks and commodities; not for US persons	Not verified for US customers
In the US	Spot trading yes; perps and tokenized stocks no	Yes, through a New York-licensed crypto subsidiary
Social features	Feed of every trade, following, theses, leaderboards and clans; no copy trading	Not checked

How we read Robinhood's pages: Robinhood’s US help pages redirect our server to its EU site, so we read Internet Archive copies of the US articles; the fee schedule PDF was read live.

Two different products

Robinhood’s crypto service is run by Robinhood Crypto, LLC, which is licensed by New York’s financial regulator. You buy from a list of supported coins, Robinhood holds them in your account, and you can transfer them out. fomo is a self-custody app: it creates a wallet only you can sign for, and it trades tokens directly on eight blockchains rather than from a set list.

A name clash worth clearing up: Robinhood Chain, a blockchain Robinhood launched in 2026, is one of the chains fomo trades on. Trading a token on Robinhood Chain through fomo is not the same as trading crypto in the Robinhood app.

How Robinhood’s fee works

Robinhood’s fee schedule offers two routes for crypto orders:

• Market maker routing, the default for standard trades: “No commissions”. Robinhood says it receives volume rebates from those market makers, and the price you get includes a spread. It does not publish the size of the spread, so the table shows “not published” rather than $0.
• Exchange routing, which you can switch on for some coins and which Robinhood Legend and the ladder always use: a fee by 30-day volume tier, from 0.95% (0.50% on resting limit orders) at the smallest tier down to 0.03% (and 0% on resting limit orders) above $25 million a month.

So the only numbers we can set against fomo’s are the exchange-routing ones. On those, neither is cheaper at every size: Robinhood is lower at $25, fomo at $1,000, the two are equal at $100.

fomo’s quote comes from the pools it routes through; their fees and price impact sit outside every row, as they do for every onchain app.

Who each one suits

• Robinhood suits someone who wants Bitcoin, Ether and other large coins in the same regulated account as their stocks, with instant buying power from bank deposits and no wallet to manage.
• fomo suits someone who wants tokens Robinhood does not list, wants to hold their own keys, or wants a feed of what other traders are buying.

Both are available in the US. fomo’s perps and tokenized stocks are not. Most small tokens lose most of their value; a regulated wrapper or an onchain app does not change that.