fomo on Solana

Where your fomo cash balance actually lives, why small Solana trades cost more than 0.50%, and what the fee data on this chain does and does not include.

Updated Fact-checked November 10, 2026 Data as of November 8, 2026 7 sources
Short answer

Solana is the fomo app's home chain: your cash balance is held as USDC on Solana, Solana deposits have no minimum, and fomo pays Solana's network fees for you. fomo's fee on Solana is route-based, with fixed amounts on trades under about $190, so small trades cost more than the 0.50% headline rate. In the 30 days to November 8, 2026, Solana accounted for 66% of fomo's fees ($6.80M of $10.3M, DefiLlama).

At a glance Blockchain fomo trades on
Link to fomo
fomo's base chain: the cash balance, the fee wallet and every trade's accounting sit here
What it is
fomo's home chain: your cash balance is USDC on Solana
fomo data starts
January 28, 2025(DefiLlama data start, not a launch date)
Deposit asset
USDC
Deposit minimum
None
Network fee
fomo pays gas, priority fees and token rent
Explorer fomo names
solscan.io
Share of fomo's fees
66% $6.80M, 30 days to November 8, 2026
Official site
solana.com

What a trade on Solana costs on fomo

fomo's own fee on one buy or sell, from fomo's published schedule (computed, not measured). fomo pays the Solana network fee. Pool fees, price impact and token taxes are extra. Full schedule and calculator.

Trade sizefomo feeRateWith a codeOther routes
$25$0.502%$0.50$0.95
$100$0.950.95%$0.95$0.95
$1,000$5.000.50%$4.50$5.00

"Fee" is the lowest-fee route. fomo says which route is available changes from trade to trade; the other routes charge 0.50% with a minimum.

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.

Why Solana is the centre of the fomo app

Every fomo account gets two wallets: one Solana wallet and one EVM wallet that works on the other seven networks. The money you trade with, your token cash balance, is USDC held on Solana. fomo’s help centre says so directly: “Your token cash balance holds USDC on Solana for spot trading, deposits, and withdrawals.” Perps use a second, separate balance on Hyperliquid (see fomo and Hyperliquid).

That has two practical effects:

  • A Solana token is the shortest path. Buying a Solana token is a swap on one chain. Buying a token on Base, Robinhood Chain or any other EVM network is a cross-chain trade from that Solana USDC, which DefiLlama’s adapter describes as running “via Relay” (see Relay).
  • Deposits on other chains end up here. USDG sent on Robinhood Chain “converts automatically into your Solana USDC cash balance”, and USDC on the EVM networks moves into the cash balance while you are signed in, once it clears that network’s minimum.

What a Solana trade costs

fomo prices Solana trades by route, meaning the path the trade takes through the market at that moment. On the lowest-fee route the fee is a fixed 0.10 USDC under 5 USDC, 2% from 5 to 47.50 USDC, a flat 0.95 USDC from 47.50 to 190 USDC, and 0.50% from 190 USDC up. On every other route it is 0.50% with a 0.95 USDC minimum. fomo adds that “the same size trade can carry a different fee at different moments.” The table above computes the fee at three sizes from that schedule.

Two things follow. Below about $190 you are not paying a percentage at all, and a referral code, which only lowers the 0.50% rate to 0.45%, saves nothing there. And because fomo pays Solana gas, priority fees and token rent, the fee in the table is close to the whole fomo-side cost; pool fees, price impact and token taxes set by a token’s creator still apply. What a $5, $25 or $100 trade really costs has every size.

What the Solana fee figure includes

DefiLlama measures fomo’s Solana fees on-chain, as USDC arriving at fomo’s fee wallet (R4rNJHaffSUotNmqSKNEfDcJE8A7zJUkaoM5Jkd7cYX). Its adapter adds one caveat that matters when you read the chart: “Relay fees FOMO cannot attribute to a chain are counted on Solana.” So a small part of the Solana line is cross-chain fees.

Solana referral shares and creator rewards are paid inside the user’s own trade and never reach the fee wallet, so DefiLlama’s “supply-side” (referral) figure does not include them. And DefiLlama books all spot volume on Solana, where balances live, while cross-chain fees land on the destination chain. Dividing Solana fees by total volume therefore understates what traders pay; the realized fee rate does the division correctly.

Solana’s share over time

Solana was fomo’s only chain in DefiLlama’s data until December 2025, when the first Relay fees on Base, BNB Chain and Monad appear. It has stayed the largest. By DefiLlama’s daily figures (read 2026-11-10), Solana fees were $8.61M in August 2026, $12.90M in September and $9.50M in October: down 26% from September, a much smaller fall than Robinhood Chain’s 88% in the same month. That is why Solana’s share of fomo’s fees rose after the September peak. All-time, Solana accounts for $53.0M of the $98M DefiLlama attributes to fomo.

Solana’s own basics, block explorers and staking are outside this page’s scope; fomo’s help centre names solscan.io as the explorer for your Solana address.

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

Do you pay gas on fomo when trading on Solana?

No. fomo says it covers Solana's network gas, priority fees and token rent (the one-time cost of opening a token account the first time you buy a token). On the other seven networks you pay the network fee on top of fomo's fee.

What is the minimum deposit on Solana?

There is none. fomo's help centre says Base, BNB Chain, Monad and Robinhood Chain have a 0.50 minimum and Ethereum has the highest one, while Solana has no minimum. The deposit asset is USDC.

Why did I pay $0.95 on a $50 trade?

On fomo's lowest-fee Solana route, trades from 47.50 to 190 USDC carry a flat 0.95 USDC fee, whatever the exact size. A referral code does not change that fixed amount; the fee calculator shows the rate it works out to at your size.

Sources

  1. fomo help centre: Trading fees on fomo
  2. fomo help centre: Supported chains
  3. fomo help centre: Depositing with crypto (USDC)
  4. fomo help centre: Deposit minimums and missing deposits
  5. fomo help centre: What perpetual futures are on fomo (two cash balances)
  6. DefiLlama fee adapter for fomo (chain config, fee wallet, Relay attribution)
  7. DefiLlama: fomo fees by chain, daily (read 2026-11-10)