fomo news
14 verified stories, newest first. For the full background, see What is the fomo app?.
About fomo
fomo is a social trading app for iOS, Android and the web, run by FOMO Labs Inc., a Delaware corporation. Every trade shows up in a public feed, one cash balance trades tokens on several chains, and perpetual futures run on Hyperliquid for people outside the US. A standard spot trade costs 0.50%; a referral code cuts that rate to 0.45% and does nothing on fomo's fixed small-trade fees.
X cashtags now open Solana token trades on fomo. fomo posted on 10 November 2026 that you can "tap the cashtag, trade it on fomo": a cashtag on X, such as a $ ticker in a post, now leads to a trade on fomo for any Solana token. Solana's official account and fomo CEO Paul Erlanger announced the same. The trade carries fomo's normal Solana fees.
- Nov 10, 2026 X cashtags now open Solana token trades on fomofomo posted on 10 November 2026 that you can "tap the cashtag, trade it on fomo": a cashtag on X, such as a $ ticker in a post, now leads to a trade on fomo for any Solana token.
- Nov 9, 2026 Elysium trading goes live on fomo with 2x rewardsfomo posted "Elysium is now live on fomo" at 13:33 UTC on 9 November 2026, half an hour after Kinetiq's Elysium network announced its mainnet.
- Nov 8, 2026 fomo fees down 63% in 30 days after September peakTraders paid fomo $10.3 million in fees in the 30 days to 8 November 2026, down 62.6% from $27.6 million in the 30 days before, according to DefiLlama.
- Nov 5, 2026 fomo's perps fee now reads 'up to 0.05%'On 30 October 2026 fomo's perps-fees article said "fomo charges 0.05% per trade on perps." By its last edit, dated 5 November, it said fomo "charges up to 0.05% of the position size per trade", and it now reprints Hyperliquid's base fee tiers as of 3 November.
- Oct 26, 2026 fomo terms add rules on promoting referral codesfomo's terms dated 26 October 2026 replace a short referral section with new rules: without fomo's written authorization, anyone seeking referral rewards may not buy ads using fomo's name, bid on its name as a search keyword, run a referral or coupon site that uses the name, or pay people to use a code.
- Oct 16, 2026 fomo renames Solana cashback to 'Trading rebate'fomo's release notes covering 9 to 16 October 2026 say "Solana cashback is now labeled 'Trading rebate' in transaction history." fomo has not published what the rebate pays or who qualifies, and its fee and referral help articles do not mention it.
- Oct 8, 2026 fomo makes Solana fees depend on the trade routeBetween 18 September and 8 October 2026 fomo rewrote its trading-fees article.
- Sep 30, 2026 fomo fees hit a record $35.9M in September 2026Traders paid fomo a record $35.9 million in fees in September 2026, according to DefiLlama, more than double August's $16.9 million.
- Sep 16, 2026 Circle names fomo among Arc's day-one trading appsCircle launched the Arc mainnet on 16 September 2026 and named fomo, with Aero and Uniswap, as the apps that "anchor Arc's day one trading infrastructure." DefiLlama's fomo fees on Arc start that day: $624,515 in the rest of September, then $33,269 in October.
- Aug 23, 2026 fomo co-founder denies an unproven iOS exploit claimOn 23 August 2026 an X account claimed a fomo iOS update had drained users' Solana wallets, with about $6 million in losses.
- Jun 22, 2026 fomo raises $75M Series B led by Index VenturesFOMO Labs Inc. announced a $75 million Series B on 22 June 2026, led by Index Ventures with Union Square Ventures and existing investor Benchmark.
- Jun 11, 2026 fomo adds perps through Hyperliquid and Trade[XYZ]fomo launched perpetual futures on 11 June 2026, powered by Hyperliquid and Trade[XYZ], covering crypto, stocks, indices, commodities and pre-IPO companies.
- Apr 29, 2026 fomo launches its web app at fomo.familyOn 29 April 2026 fomo launched a web version of its trading app at fomo.family, using the same account, balance, positions and followers as the phone app.
- Nov 6, 2025 fomo raises $17M Series A led by BenchmarkFOMO Labs Inc., the company behind the fomo trading app, announced a $17 million Series A led by Benchmark on 6 November 2025, bringing its disclosed funding to $19 million.
All fomo news · Fee and terms change log · RSS. JomoBench is independent and unofficial; we are not fomo.