fomo on Monad

Monad on the fomo app: how to fund it, what a trade costs, and why it barely registers in fomo's fee data despite early ties between the two teams.

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

Monad is a high-throughput EVM layer-1, and on the fomo app it works like the other EVM networks: 0.50% plus the network fee per trade, USDC deposits with a 0.50 minimum. It is fomo's smallest chain by fees: about $53K all-time and $5.5K in October 2026 (DefiLlama). In the 30 days to November 8, 2026, Monad accounted for 0.01% of fomo's fees ($1.21K 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
What it is
A high-throughput EVM layer-1
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
monadvision.com
Share of fomo's fees
0.01% $1.21K, 30 days to November 8, 2026
Official site
monad.xyz

What a trade on Monad 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 Monad is

Monad describes itself as “an Ethereum-compatible Layer-1 blockchain” with “10,000 tps of throughput, 300ms block frequency, and 600ms finality”. Layer-1 means it is its own base chain rather than a layer-2 that settles to Ethereum; EVM-compatible means it uses the same contracts and addresses as Ethereum. That is why the single EVM address in your fomo account also works on Monad. fomo names monadvision.com as the explorer.

Funding, withdrawing and trading on Monad

  • Deposit asset: USDC on Monad. The minimum that credits your cash balance is 0.50; below it the funds wait at your address. USDT and other tokens arrive as holdings, not cash.
  • Already hold MON? If you hold MON but no USDC, the deposit screen shows a Sell tile that turns it into cash.
  • Withdrawals: USDC on Monad, subject to a per-network minimum the app shows.
  • Cost: fomo’s fee is 0.50% per trade (0.45% with a referral code) plus Monad’s network fee, which you pay. The table above computes fomo’s part at three sizes from its published schedule.

Monad in fomo’s data

fomo’s blog has a Monad mainnet recap dated November 2025. DefiLlama’s fee data for fomo on Monad starts on December 9, 2025, together with Base and BNB Chain, because that is when fomo’s Relay fee table begins. Treat it as a data start date.

Monad has never been a large market for fomo. Monthly fees peaked at $14.3K in September 2026, when fomo as a whole took $35.9M; October was $5.5K. All-time, DefiLlama attributes about $53K of fomo’s fees to Monad, against $53M on Solana. Its share in the bars above is the smallest of any chain.

The people connection

There are links between the teams, disclosed by fomo itself. fomo’s February 2025 pre-seed announcement lists Kevin McCordic, “Director of Growth, Monad Foundation”, among its angel investors, and the November 2025 Series A post thanks Austin Green (“Eng, Monad”) and Fitz (“Ecosystem, Monad”). Those are individual angel investments named on fomo’s blog. They say nothing about how much trading happens on Monad, which the fee data answers plainly. More on fomo’s backers is on the investors page.

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

Sources

  1. Monad docs: introduction
  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 MON)
  5. fomo help centre: Where to find your wallet addresses
  6. fomo blog index (Monad mainnet recap, November 2025), Internet Archive capture 2026-10-15
  7. fomo blog: $2M pre-seed (February 18, 2025), Internet Archive
  8. fomo blog: Benchmark leads Series A (November 6, 2025), Internet Archive
  9. DefiLlama fee adapter for fomo (Monad from 2025-12-09, Relay network 143)
  10. DefiLlama: fomo fees by chain, daily (read 2026-11-10)