Crypto07 September, 20262 min read
Fomo Beats Pump.fun With $1.76 Million Daily Revenue on Solana
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Fomo generated $1.76 million in daily revenue on Friday, beating Pump.fun's $1.1 million. Data from DefiLla shows Fomo overtakes Pump.fun in Solana daily revenue.
5 outlets told this the same way.
Fomo vs Pump.fun
On Friday, Fomo generated $1.76 million in daily revenue on Solana, beating Pump.fun’s $1.1 million, while Pump.fun still led over the past 30 days. Cointelegraph said Fomo generated more than $57 million over the last 30 days, compared with $17.6 million for Fomo, citing DefiLlama data.
The Cointelegraph report described Fomo as combining cryptocurrency trading with social features resembling a social media feed, including letting users view other users’ trades. Cointelegraph added that in June Fomo closed a $75 million Series B round led by Index Ventures, valuing the social trading app at $550 million.
Funding, payments, futures
The Cointelegraph report said Fomo told investors that more than 68,000 users made their first cryptocurrency purchase on the platform using Apple Pay, accounting for about $25 million in transaction volume. Cointelegraph also reported that Fomo expanded beyond spot trading this year, and on June 11 launched perpetual futures contracts powered by Hyperliquid for users outside the US.
cointelegraph.es likewise stated that Fomo closed a $75 million Series B round in June led by Index Ventures, valuing the app at $550 million. cointelegraph.es further said that the company reported paying users more than $2 million in referral fees on June 2.
Whale talk and token moves
Odaily星球日报 framed a “Top 4” whale discussion around Fomo, saying the interview content centers on AJC and his position “currently ranked fourth on Fomo's overall profit leaderboard.” Odaily星球日报 also quoted the interview’s host describing AJC’s assets as “nearly $3 million (approaching $5 million as of writing), although the vast majority is still unrealized gains.”
DiarioBitcoin reported that PUMP, the token of Pump.fun, fell 6.5% in 24 hours to USD $0,003982 and said it broke its short-term moving averages after August’s rally. DiarioBitcoin tied the move to competition, stating that “PONS superó a Pump.fun en comisiones diarias” and that the 30-day return remained positive at +73,02%.