How fomo makes money

Where the money comes from now

What traders paid fomo on each network in the 30 days to November 8, 2026: $10.3M in all. Spot fees are booked on the chain the token lives on; perps fees are fomo's builder fee on Hyperliquid. Measured by DefiLlama, not by fomo's schedule.

• Solana $6.80M · 66%
• Hyperliquid (perps) $1.70M · 17%
• Robinhood Chain $1.12M · 11%
• BNB Chain $389K · 4%
• Ethereum $197K · 2%
• Base $76.0K · <1%
• Arc $13.9K · <1%
• Monad $1.21K · <1%

Source: DefiLlama, read 2026-11-10 22:20 UTC. Shares are rounded. More in fees by chain.

The spot trading fee

Almost all of fomo’s income is a fee taken on each trade. In one sentence: fomo charges 0.50% on most spot trades; on Solana, small trades follow a minimum-fee schedule instead, some major tokens such as BTC, ETH and SOL are charged 0.05%, and on other chains you also pay the network fee (fomo’s help centre). Our fee page shows the exact amount for any trade size, computed from that published schedule.

A “spot” trade is an ordinary buy or sell of a token you then hold. There is no subscription, no account fee and no token to buy.

The fee is charged on buys and on sells, so a round trip (in and out) pays it twice. On small Solana trades the minimum fees make the effective rate much higher than 0.50%; what traders paid on average, measured from public data, is on the realized fee rate.

Part of that fee is spent on the user’s behalf: “On Solana, fomo covers the network gas, priority fees, and token rent, so you don’t pay them separately.” On other chains you pay the network fee yourself, on top.

The perps fee

Perpetual futures (perps, leveraged bets on a price that never expire) are fomo’s second business. fomo does not run the market; it sends your orders to Hyperliquid, an outside exchange, as a “builder”. A builder is an app that routes orders to Hyperliquid and is allowed to add its own fee to each one.

fomo’s help centre says: “fomo charges up to 0.05% of the position size per trade on perps. Hyperliquid fees also apply.” Both are charged on the full leveraged position, when you open and again when you close. Hyperliquid’s part goes to Hyperliquid, not to fomo. Perps are not available to US persons. More in fomo perps explained.

Perps have grown while spot fell: in the 30 days to November 8, 2026 they were $1.70M, or 17% of everything traders paid fomo.

What fomo passes on

Not all of the fee stays with fomo. Three programmes pay part of it out, and fomo says each share “comes out of the trading fee you already pay”:

• Referrals. Whoever referred you earns 25% of your trading fees, on Solana and on EVM chains, for as long as fomo keeps the programme as it is. The person who used the code pays 0.45% instead of 0.50% on standard-rate trades. See what a referral code really does.
• Creator rewards (also called trader rewards). A share of the fee paid to the user whose post, profile or position led someone to trade. fomo publishes no rate.
• Trading rebate. fomo’s October 2026 release notes say “Solana cashback is now labeled ‘Trading rebate’ in transaction history”. No help article explains what it pays.

fomo’s terms let it change any of these: “We may reduce any share to zero.”

Fees are not profit

The numbers on this page are fees: what traders paid fomo, as counted by DefiLlama, an independent data site. Its method: on Solana it counts the USDC that arrives in fomo’s fee wallet; on the EVM chains it reads a data table that fomo itself publishes on Dune, so those numbers come from fomo rather than being independently derived.

DefiLlama also shows revenue, which is fees minus the referral shares it can see. In the 30 days to November 8, 2026 that left $10.0M of $10.3M, with $277K recorded as paid to referrers. That understates what fomo pays out: Solana referral shares and creator rewards are paid inside the user’s own trade and never reach the fee wallet, so they are not counted. Neither figure is profit. Staff, the Solana gas fomo pays for and its suppliers come out of revenue.

The trend

fomo’s fee income rose through summer 2026 and peaked at about $35.9 million in September 2026. Nearly half of that month, $16.5 million, came from Robinhood Chain, a new network where trading surged and then fell away. October was about $14.7 million. The monthly chart below is live; the current 30 days are down 63% on the 30 days before.

Any page that quotes fomo’s September numbers as if they were today’s is out of date. For the long view, see the Bench and fomo’s history.

Fees by month

Fees paid to fomo each month, spot and perps together. The peak was $35.9M in September 2026. The last row is a partial month, to November 8, 2026.

• Nov 25 $961K
• Dec 25 $874K
• Jan 26 $3.20M
• Feb 26 $4.08M
• Mar 26 $2.01M
• Apr 26 $1.90M
• May 26 $2.87M
• Jun 26 $2.48M
• Jul 26 $7.55M
• Aug 26 $16.9M
• Sep 26 $35.9M
• Oct 26 $14.7M
• Nov 26 (so far) $2.18M

Source: DefiLlama. The full series and the realized fee rate are on the Bench.