fomo's perps fee now reads 'up to 0.05%'

What changed

The only archived copy of fomo’s “Perps Trading Fees” article, from 30 October 2026, opens: “fomo charges 0.05% per trade on perps.” The live article, read on 10 November, opens: “fomo charges up to 0.05% of the position size per trade on perps.” Its page metadata dates the last edit to 5 November 2026 at 20:32 UTC, so the change was made between 30 October and 5 November.

The rewrite also adds:

• Hyperliquid’s base fee table, “as of November 3, 2026”, by 14-day volume. At the lowest tier (up to $5 million) it is 0.045% for taker orders, which fill at once, and 0.015% for maker orders, which wait on the order book. fomo notes that some Hyperliquid markets charge more than the table, so the rate on the order screen is the one to go by.
• Where the fee shows: under the order button on the web, and in the details row on mobile.
• A note on PnL: the profit or loss shown on a closed position includes funding but not trading fees, so your closed positions add up to more than the change in your perps balance.
• An invitation for traders already on a higher Hyperliquid volume tier to contact support.

What it means if you use the app

fomo’s own cut is now described as a ceiling, not a fixed rate. Both fomo’s fee and Hyperliquid’s are charged on the full leveraged position, when you open and again when you close. Perps are not available to US persons. See fomo perps explained and the perps bench.

What we could not verify

Which trades, markets or accounts pay less than 0.05%, and whether anyone does today. We have not measured the rate from on-chain fills. We could not tell whether the invitation to high-volume traders means lower fees. This is a wording change in fomo’s article; we do not know whether the fee actually charged changed.