Venues / Trading terminal

Trading terminal · Solana · Base · BNB Chain · Ethereum · Monad · Hyperliquid · Robinhood Chain · Arc

Fomo app

fomo is a social, multichain crypto trading app from FOMO Labs, Inc. on iOS, Android and web. It offers gasless memecoin swaps, a trader feed and leaderboards, and Hyperliquid perps outside the US.

Cost: 0.50% per trade, with a $0.95 minimum on Solana, and gas is covered by fomo. Perps cost 0.05% per transaction plus protocol fees. Terms say the fee varies by size, token and routing and is shown before you confirm. A $1,000 buy-and-sell costs about $10.00 in fomo fees.

Referral: 10% off trading fees (0.50% to 0.45%).

Checked 2026-10-16 · sources below

Open fomo — 10% off feesReferral link. If you sign up through it, fomo may share part of your fees with DexSheet. Your benefit: 10% off trading fees (0.50% to 0.45%). How we earn.

More on fomo: Is it legit? · Referral code · Fees · Alternatives

Status: live
Custody: embedded-wallet
KYC: unknown
Platforms: ios, android, web
Round trip fee: 1%
Launched: 2025-05
Fees paid, 30d: $23.4M

Users paid fomo about $23.4M in fees in the 30 days to 2026-10-16 (DefiLlama) — a rough measure of how much it is actually used.

Best for: Mobile-first traders who want gasless multichain memecoin swaps with a social feed of what top traders are buying.

fomo fees

Fee	Type	Rate	Applies to	Note
Platform fee	platform	0.5%	Buy and sell	Reported by TechCrunch: 0.50% per trade, minimum $0.95 on Solana, no minimum on Base or BNB Chain. Terms say the applicable fee is displayed before confirmation.
Solana minimum fee	platform	$0.95	Buy and sell	Per TechCrunch; Solana trades only.
LP and protocol fees	lp	—	Buy and sell	Charged by third-party pools; not collected by fomo.

Trade size	fomo fee, buy + sell	With referral discount
$100	$1.00	$0.90
$1,000	$10.00	$9.00
$10,000	$100.00	$90.00

Perps: taker 0.05%, maker 0.05% — fomo charges 0.05% per perps transaction on top of the third-party protocol's trading and funding fees. Not available to US persons.

Platform fees only. On-chain network/priority fees, pool (LP) fees and price impact are extra and vary by trade.

Full fomo fee breakdown →

Is fomo legit?

Wallets are generated and managed by Privy. Users can view and export private keys. fomo's terms call the wallet non-custodial.

Backers: Benchmark (lead), with angel investors ($17,000,000), 2025-11.

We found no reported hacks or fund losses in the sources we checked. That is not a guarantee.

The full "is fomo legit?" check →

Where fomo is available

Region	Status
United States	Partly available
United Kingdom	Partly available
European Union	Unverified

Perps and Robinhood stock/ETP tokens are not available to US persons. Robinhood tokens are also unavailable in Canada, the UK and Switzerland. Sanctioned countries are barred entirely. (source)

We report what the venue's own terms say. Don't use a VPN to get around restrictions; venues can freeze accounts that do.

Pros and cons

Pros

0.50% platform fee, about half the 1% common among memecoin terminals, per TechCrunch.
Gas is covered by fomo, so there are no separate network fees on swaps.
Privy wallet with viewable, exportable private keys.
Raised a $17M Series A led by Benchmark in November 2025.

Cons

Perps and tokenized stocks are not available to US persons.
Terms say fees vary by trade and may change; the 0.50% figure comes from press, not a fee page.
A $0.95 minimum fee on Solana trades makes small trades costlier, per TechCrunch.
Referral commission rates are not published officially.

Features

social feedleaderboardcopy tradingtrader alertsgasless swapsperpstokenized stocksapple pay on-rampmobile appweb app

fomo referral code

What you get: 10% off trading fees (0.50% to 0.45%). Codes only apply at signup.

What the referrer gets: 25% of the referred user's trading fees on every trade (Solana and EVM), paid automatically to the referrer's cash balance; affiliate tiers (Silver/Gold/Platinum) by application

How the fomo referral code works →

fomo referral code

DEXSheet

You get: 10% off trading fees (0.50% to 0.45%).

How to apply: Sign up through the button below so fomo records the code (link format fomo.family/r/<username>).

fomo's code only applies at signup, not to existing accounts.

Open fomo with code DEXSheet

Alternatives to fomo

Axiom

Desktop Solana and BNB Chain memecoin traders who want spot, Hyperliquid perps and wallet tracking in one web terminal.

Round trip: 2%

MevX

Memecoin traders who want one terminal and Telegram bot spanning Solana, EVM chains, Tron and Sui with a points-based fee discount.

Round trip: 1.8%

GMGN

Multichain memecoin traders who want smart-money tracking and copy trading across a web terminal and Telegram bots.

Round trip: 2%

Padre

Memecoin traders who want one terminal across Solana, Ethereum, Base and BNB Chain, backed by pump.fun.

All fomo alternatives compared →

Head to head

Where fomo ranks

#1 in Best copy trading platforms for memecoinsof 9
#1 in Best on-chain platforms for stock perpsof 5
#1 in Best apps to buy meme coinsof 10
#1 in Best apps to buy crypto and memecoins with Apple Payof 7
#1 in Best memecoin platforms for beginnersof 10
#2 in Best Solana trading terminalsof 6
#2 in Best memecoin trading appsof 10
#2 in Best memecoin terminals that don't need Telegramof 6
#2 in Best platforms for trading Base memecoinsof 10
#3 in Best platforms for trading BNB Chain memecoinsof 10
#4 in Best platforms for trading on Robinhood Chainof 10
#5 in Cheapest Solana trading platformsof 10
#5 in Cheapest way to trade Pump.fun coinsof 10
#6 in Lowest-fee crypto trading appsof 10

Explainers related to fomo

What is an embedded wallet in a trading app? (Privy, Turnkey and custody explained)

fomo FAQ

Is fomo legit?

fomo is run by FOMO Labs, Inc. under New York law. Benchmark led its $17M Series A in November 2025. Wallets run on Privy with exportable keys. DefiLlama tracks about $84M in revenue since launch. No security incidents were found in the sources checked.

What are fomo's fees?

TechCrunch reports 0.50% per trade with a $0.95 minimum on Solana, and fomo covers gas. Perps cost 0.05% per transaction plus protocol fees. The exact fee is shown before you confirm.

Can I use fomo in the US?

Spot trading is not restricted for the US in fomo's terms. Perps and Robinhood stock tokens are not available to US persons. Sanctioned countries are barred entirely.

How does the fomo referral program work?

Affiliates apply, get a fomo.family/r/<username> link, and earn commission on referred trades in real time. fomo doesn't publish the rate. Third-party sites report 25% to referrers and 10% off for invitees, unverified.

Which chains does fomo support?

fomo trades Solana, Base and BNB Chain from one balance. DefiLlama also tracks fomo fees on Ethereum, Monad, Hyperliquid, Robinhood Chain and Arc.

Sources

Last checked 2026-10-16. Fees and terms change often; the venue's own page wins if it disagrees with ours.

fomo Terms of Use (FOMO Labs, Inc.) — checked 2026-10-16
fomo Affiliate Program — checked 2026-10-16
fomo homepage — checked 2026-10-16
fomo blog: What is fomo — checked 2026-10-16
TechCrunch: Why Benchmark made a rare crypto bet on trading app Fomo with $17M Series A — checked 2026-10-16
Pulse 2.0: fomo raises $17 million Series A — checked 2026-10-16
DefiLlama fomo revenue and methodology — checked 2026-10-16
Fomo help: How referral codes and fee discounts work — checked 2026-10-16