fomo and Hyperliquid

At a glance Trading venue (perps)

Link to fomo

fomo sends every perps order to Hyperliquid as a builder and adds its fee on top

Since

June 11, 2026

Share of fomo's fees

17% $1.70M, 30 days to November 8, 2026

Official site

app.hyperliquid.xyz

Share of fomo's fees, last 30 days

• Solana 66%
• Hyperliquid (perps) 17%
• Robinhood Chain 11%
• BNB Chain 3.8%
• Ethereum 1.9%
• Base 0.7%
• Arc 0.1%
• Monad 0.01%

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.

How fomo’s perps sit on Hyperliquid

Hyperliquid is a blockchain built around an onchain order book, called HyperCore, that matches perpetual futures (“perps”: contracts that track an asset’s price with no expiry, usually with leverage). Other apps can send orders to it as builders and add a fee of their own, called a builder fee. fomo is one of those apps. Its help centre says fomo’s perps markets “are the ones listed on Hyperliquid: crypto on the core venue, plus the xyz markets covering stocks, commodities, indices, currencies and pre-IPO companies.”

fomo announced perps on June 11, 2026, “powered by Hyperliquid and Trade[XYZ]”. Inside the app you get a separate perps cash balance in USDC, distinct from your Solana token cash balance. Your fomo wallet is your Hyperliquid trading account. (Hyperliquid’s ecosystem also includes Elysium, a separate layer-2 that fomo lists as a spot chain; it is not where fomo’s perps run.)

What it costs: two fees, stacked

Fee	Who sets it	Rate (as published)
fomo’s fee	fomo	up to 0.05% of position size, per trade
Hyperliquid’s fee, base tier	Hyperliquid	0.045% taker, 0.015% maker
Funding	the market	hourly, can be paid or received

Both trading fees apply to the full leveraged position, not your margin, and both are charged when you open and when you close. fomo notes that some Hyperliquid markets carry more than the base table (the xyz markets run on HIP-3 pricing; see trade[XYZ]), so the combined rate on the order screen is the one to trust. Closed-position PnL in fomo’s history includes funding but not trading fees. The perps bench works through what this adds up to.

Limits worth knowing: the minimum transfer into the perps balance is 5 USDC and out is 2 USDC; the minimum position is 15 USDC notional; Hyperliquid’s 1 USDC account creation fee is covered by fomo. Maximum leverage is 40x on BTC, 25x on ETH and 20x on SOL; most other markets cap at 3x, 5x or 10x. Leverage cuts both ways: fomo’s own example is that at 40x a move of roughly 1.25% against a BTC position liquidates it.

What the public data shows

• Markets. fomo counted 179 crypto markets plus 120 xyz markets on November 4, 2026. On November 10, Hyperliquid’s API listed 179 live markets on the core venue and 122 on xyz.
• Builder address. DefiLlama tracks fomo’s perps through builder address 0x2a2b6b093a9813fbd8cddae800c3d17d46460d17. Hyperliquid’s API reports $4.47M of builder rewards for it on November 10, 2026, of which $4.34M had been claimed. DefiLlama’s all-time perps total is lower, about $4.06M; we have not established why.
• Growth. Perps are the one fomo line that kept rising after September. Monthly builder fees on DefiLlama: $134K in June 2026, $184K July, $549K August, $978K September, $1.59M October, and $623K in the first nine days of November.
• A second address. DefiLlama also attributes a much smaller builder address, 0xb838e4d1c8bcf71fa8e63299d5aa3258c83d6adb ($118K of builder rewards), to fomo for Hyperliquid spot and outcome trades. We could not verify that it belongs to FOMO Labs Inc.

Who cannot use it

fomo’s terms say perps are “not available to U.S. Persons”, defined broadly to include US citizens and residents abroad and US entities, and that using a VPN or proxy to get around the restriction is a material breach. JomoBench does not give workaround advice. If you are in the US, fomo’s spot trading on its eight chains is still available; see is fomo available in the US.