The fomo wallet and your private keys

Your two wallets

Wallet	Address	Used for
Solana	One Solana address	Your cash balance (USDC on Solana) and Solana tokens
EVM	One address, the same on every EVM network	Base, Ethereum, BNB Chain, Monad, Robinhood Chain, Arc and Elysium, and your Hyperliquid perps account

Both are created the moment you sign up. To see them: Portfolio tab, gear icon, Profile and Account, then tap the addresses row (mobile), or account menu, Manage account (web). Tapping an address copies it.

Custodial or not

A custodial app holds your crypto for you, like a bank holds cash: you have an account balance, and the company controls the keys. A non-custodial wallet is yours: the private key that controls it belongs to you, and the company running the app cannot move the money.

fomo says its wallets are non-custodial: “No one at fomo can move, hold, or touch your tokens.” The terms (section 6) say wallet functions use Privy, a third-party wallet-infrastructure company, and that fomo does “not custody user assets”.

How the key is held. fomo: “Your private key is never stored in one place. It is split into multiple shares and distributed so that no single party, including fomo, holds enough to reconstruct it. The key is only reassembled inside a secure hardware environment for the brief moment needed to sign a transaction.” fomo says your keys are “tied to your account and secured through your Google Account or Apple ID login”, which is why there is no seed phrase to write down.

The trade-off: your login is your wallet

No seed phrase means nothing to lose on paper. It also means whoever controls your Apple or Google account can get into your fomo wallet. fomo’s help centre says it plainly: “Your email is the gateway to your fomo wallet.”

What can go wrong	What protects you
Someone gets into your Apple or Google account	A strong unique password and that account’s own two-factor login (fomo advises against SMS codes)
Someone gets into your fomo session	fomo’s MFA (authenticator app, then a passkey), which gates every login, withdrawal, send and key export
Someone picks up your unlocked phone	Screen Lock (Face ID, Touch ID, fingerprint), or PIN lock on the web
You lose your authenticator app	There are no recovery codes; support verifies your identity. Keep the authenticator entry safe
The Apple or Google account you signed up with is deleted	fomo cannot attach a new login; support escalates to the login provider, with no promised outcome
You sign in with a different Apple or Google account	You get a new, empty fomo account. Your old one is still there under the original login

Exporting your private keys

Export when you need to reach your wallet from another app, for example to recover funds sent on an unsupported network, to clear tokens below the in-app sell minimum, or before deleting your account.

1. Mobile: Portfolio tab, gear icon, Profile and Account, Export keys; tick the two boxes and slide. This opens fomo.family/export-key in your browser. Web: account menu, Manage account, Export keys.
2. Sign in on the export page with the same Apple or Google account. A different one shows a different wallet.
3. Confirm the risks and answer a few short questions in your own words. fomo says they are there to catch someone talking you into handing over your key.
4. Choose the Solana key or the EVM key. Each controls only its own wallet: an EVM key never reaches a Solana balance, and the reverse.

Then import it into a non-custodial wallet app you trust. It opens the same wallet, not a new one.

The rules fomo gives, and they are the right ones: never share a key, never paste it into a website, bot or form, never send it to support, and never store it in notes, screenshots, photos, email or cloud documents. If you exported a key and are not sure where it ended up, fomo says to treat that wallet as exposed and move your funds. A key cannot be changed the way a password can.

What fomo’s terms do not promise

Two lines worth knowing. Section 6: fomo “does not guarantee the availability of any export, recovery, or access method, as such availability may be subject to Privy functionality.” Section 4: fomo is not responsible if your keys are lost or stolen, and “recovery may be limited or unavailable depending on the wallet configuration.” Non-custodial cuts both ways: nobody at fomo can take your crypto, and nobody at fomo can give it back.

Perps money sits on Hyperliquid

Your perps cash balance is not in the Solana wallet. fomo’s perps run on Hyperliquid, and fomo says “the trading infrastructure, order matching, liquidation mechanics, and fund custody all operate on that external protocol”, which adds the risk of that protocol having downtime or bugs. Your Hyperliquid account is your fomo EVM wallet.

Third-party tools that want your key

Copy-trading bots and “trackers” that ask for your private key or your login can move your funds, and fomo’s terms let it suspend accounts used through unapproved tools. fomo itself has no feature for connecting your wallet to other sites. See does fomo have copy trading and fomo support and scams.

JomoBench is unofficial and will never ask for a key, a code or a login.