fomo on BNB Chain

What trading on BNB Smart Chain costs through the fomo app, the USDT trap on deposits, and how BNB Chain's fee line moved through 2026.

Updated Fact-checked November 10, 2026 Data as of November 8, 2026 8 sources
Short answer

On the fomo app, a BNB Chain trade costs 0.50% plus the network fee, and deposits must be USDC on BNB Chain (0.50 minimum); USDT arrives as a token, not as cash. BNB Chain fees peaked at $3.55M in September 2026 and fell 74% to $0.91M in October (DefiLlama). In the 30 days to November 8, 2026, BNB Chain accounted for 3.8% of fomo's fees ($389K of $10.3M, DefiLlama).

At a glance Blockchain fomo trades on
Link to fomo
An EVM network fomo trades on through Relay, funded with USDC; DefiLlama lists it as BSC
What it is
BNB Smart Chain, an EVM chain (DefiLlama calls it BSC)
fomo data starts
December 9, 2025(DefiLlama data start, not a launch date)
Deposit asset
USDC
Deposit minimum
0.50 USDC
Network fee
You pay the network fee
Explorer fomo names
bscscan.com
Share of fomo's fees
3.8% $389K, 30 days to November 8, 2026
Official site
bnbchain.org

What a trade on BNB Chain costs on fomo

fomo's own fee on one buy or sell, from fomo's published schedule (computed, not measured). The network fee comes on top and is shown in your quote. Pool fees, price impact and token taxes are extra. Full schedule and calculator.

Trade sizefomo feeRateWith a code
$25$0.13 + network0.50%$0.11
$100$0.50 + network0.50%$0.45
$1,000$5.00 + network0.50%$4.50

Share of fomo's fees, last 30 days

Measured: fees paid to fomo by chain, DefiLlama, 30 days to November 8, 2026. EVM fees are booked on the chain a trade settled on. Month by month.

What BNB Chain is

BNB Smart Chain, which fomo calls BNB Chain and DefiLlama calls BSC, is an EVM-compatible blockchain whose validators run what its docs call Proof-of-Staked-Authority consensus. EVM-compatible means it runs the same kind of smart contracts and addresses as Ethereum, which is why one fomo address works on it.

On fomo it shares your single EVM address with the other six EVM networks. fomo names bscscan.com as its explorer.

Funding and withdrawing on BNB Chain

  • Deposit asset: USDC on BNB Chain, minimum 0.50. This is the network where the USDT trap bites most often: USDT is common on BNB Chain, and fomo says USDT you send “shows up in your wallet as a USDT holding rather than in your cash balance.”
  • Already hold BNB? If you hold BNB but no USDC, fomo’s deposit screen shows a Sell tile that turns it into cash.
  • Withdrawals: USDC on BNB Chain. The review screen shows the fee, which can be free, and every network has a minimum.

What a trade costs

The fee is 0.50% per trade plus the network fee, which you pay and which appears in your quote; the table above computes fomo’s part at three sizes. There are no fixed small-trade amounts as on Solana, and a referral code turns the 0.50% into 0.45%.

BNB Chain’s fee line through 2026

fomo’s blog has a BNB Chain recap from October 2025; DefiLlama’s fee data for fomo on the chain starts on December 9, 2025 (a data start date, set by when fomo’s Relay fee table begins).

BNB Chain stayed small until mid-2026, then ran up with the rest of the app. By DefiLlama’s daily series (read November 10, 2026): $458K in July 2026, $2.33M in August, $3.55M in September and $0.91M in October, a 74% fall. Its biggest day was September 8, 2026, at $433K. Referrers’ share of BNB Chain fees was 16.7% in September, which they receive out of the fee traders already pay. All-time, DefiLlama puts fomo’s BNB Chain fees at $7.8M, the third-largest chain after Solana and Robinhood Chain.

JomoBench is independent and not run by fomo. Fee shares come from DefiLlama and refresh every two hours. How we check facts.

Questions people ask

Can I deposit USDT on BNB Chain to fomo?

It will arrive, but not as cash. fomo's help centre says USDT you send shows up in your wallet as a USDT holding rather than in your cash balance; USDC on BNB Chain is what credits cash. The minimum that credits is 0.50.

Is BNB Chain the same as BSC?

Yes, for this purpose. fomo's app says BNB Chain; DefiLlama labels the same network BSC (BNB Smart Chain) in its fee data.

Sources

  1. BNB Chain docs: BNB Smart Chain
  2. fomo help centre: Trading fees on fomo
  3. fomo help centre: Deposit minimums and missing deposits
  4. fomo help centre: How to deposit funds (Sell tile for BNB)
  5. fomo help centre: Where to find your wallet addresses
  6. fomo blog index (BNB Chain recap, October 2025), Internet Archive capture 2026-10-15
  7. DefiLlama fee adapter for fomo (BSC from 2025-12-09, Relay network 56)
  8. DefiLlama: fomo fees by chain, daily (read 2026-11-10)