fomo fees, explained

One headline rate, four exceptions, and the costs that aren't fomo's fee at all. What you pay on each kind of trade, in plain English.

Updated Fact-checked November 10, 2026 6 sources
Short answer

The fomo app takes 0.50% of most spot trades (0.45% with a referral code). On Solana, trades under $190 on the lowest-fee route pay fixed amounts instead ($0.10 under $5, 2% up to $47.50, then $0.95), and other routes charge 0.50% with a $0.95 minimum. Selected major tokens pay 0.05%. Perps cost up to 0.05% plus Hyperliquid's fee.

One rate, four exceptions

fomo’s help centre starts simply: “fomo charges a fee on each trade. The rate depends on which network the token is on.” The headline is 0.50% of the trade, taken from the amount you trade. Four things change it.

Exception What you pay Does a code change it?
A referral code 0.45% instead of 0.50% It is the change
Solana trades under $190, lowest-fee route $0.10 under $5, 2% from $5 to $47.50, $0.95 from $47.50 to $190 No
Solana, any other route 0.50% with a $0.95 minimum Only above $190
Selected major tokens (BTC, ETH, SOL and others) 0.05%, with an unpublished minimum on small trades No

The calculator works out any size on any chain, for one trade or a round trip.

The two Solana routes

On Solana, fomo says the fee “depends on which route is available when your trade goes through”. It doesn’t name the routes or let you choose. The lowest-fee route has size bands. Other routes charge 0.50% with a $0.95 minimum. Which one you get “changes from trade to trade”.

This matters most for small trades. A $25 buy pays $0.50 on the lowest-fee route and $0.95 on another, nearly twice as much. A $3 buy pays $0.10 or $0.95. From $190 up both routes charge 0.50%, so the route stops mattering.

The second route is new. fomo’s fee article archived on September 18, 2026 had a single set of size bands. The October 30 copy had two routes (change log).

Why a small trade costs more than 0.50%

Below $190 on the lowest-fee route you pay a fixed amount, not a percentage. As a share of the trade:

Trade fomo fee Share of the trade
$3 $0.10 3.33%
$25 $0.50 2%
$100 $0.95 0.95%
$190 $0.95 0.50%
$1,000 $5.00 0.50%

You pay again when you sell, so buying and selling $100 costs $1.90 (1.90%) before the price has moved at all. This is why the fee traders actually paid across fomo can sit above the 0.50% headline. We measure that rate from public data on the realized fee bench.

Other chains: 0.50% plus the network fee

On Base, BNB Chain, Monad, Ethereum, Robinhood Chain, Arc and Elysium the fee is 0.50% (0.45% with a code), with no minimum. The difference is gas. On Solana fomo pays the network fee, priority fee and token rent. On every other network “network fees are paid by you on top of the 0.50% fomo fee”, and the app shows a Network fee row. fomo says Ethereum carries higher network costs than the others and asks you to confirm when the network fee is a large share of the trade. The minimum sell is 2 USDC on most networks and 5 USDC on Ethereum.

Major tokens: 0.05%

“Select major tokens have a lowered fee of 0.05% per trade,” shown on the token’s page in the app. A minimum applies on smaller trades. In September 2026 fomo said that minimum was “no more than 0.50 USDC” on orders under $1,000. The current article gives no amount, so we can’t compute a small major-token trade exactly. A referral code doesn’t change this rate.

Perps: two fees, on the full position

Perps (perpetual futures, leveraged bets on a price) run on Hyperliquid. fomo charges “up to 0.05% of the position size per trade”, and Hyperliquid adds its own fee: 0.045% for market orders and 0.015% for resting limit orders at its base tier. Both fees are on the full leveraged position and are charged at open and again at close. So $100 of margin at 10x is a $1,000 position that costs $1.90 to open and close with market orders, 1.90% of your margin. Funding payments are extra. Perps are not available to US persons.

What isn’t fomo’s fee

  • Price impact. On a thinly traded token a big order moves the price. The quote shows the expected value before you confirm.
  • Token taxes. Some tokens charge their own fee on every buy and sell. fomo shows it as a “Token tax” row: “This tax is set by the token’s creator. It’s not a fomo fee.”
  • Deposit and withdrawal fees. Apple Pay, card, bank and crypto withdrawals show their fee before you pay. fomo publishes no figures for them.

The fee on your screen wins

fomo’s Terms say “the fee displayed for your transaction controls over general examples in a blog or help article”, and that fomo can change fees at any time. Treat this page, and every fee page, as a guide to what the screen should show. We log every change we can document on the fee change log.

Questions people ask

What are the fees for fomo?

0.50% of each spot trade, or 0.45% if you signed up with a referral code. Small Solana trades pay fixed amounts on the lowest-fee route ($0.10, 2% or $0.95 depending on size), other Solana routes have a $0.95 minimum, and off Solana you also pay the network fee.

What percent does fomo take?

0.50% of most trades. On a Solana trade under $190 the share is higher because the fee is a fixed amount: $0.95 is 0.95% of a $100 trade, and trades from $5 to $47.50 pay 2%.

Does fomo charge gas fees?

Not on Solana: fomo pays the network gas, priority fees and token rent. On Base, BNB Chain, Monad, Ethereum, Robinhood Chain, Arc and Elysium you pay the network fee yourself, and it is shown in your quote.

Sources

  1. fomo help centre: Trading fees on fomo (read 2026-11-10)
  2. fomo help centre: How referral codes and fee discounts work
  3. fomo help centre: Perps trading fees
  4. Hyperliquid docs: Fees
  5. fomo Terms of Service §7 (last updated October 26, 2026), capture 2026-11-06
  6. Trading fees on fomo, Internet Archive capture 2026-09-18