Fomo, a self-custodial social trading application on the Solana blockchain, has reported a decline in weekly revenue for five consecutive weeks. As of October 13, 2026, the weekly revenue reached $3.96 million, marking a 59% decrease from its peak of $9.59 million.
The platform's revenue growth peaked in early September after a rapid climb that began in July 2026. During the period from July to September, Fomo occasionally surpassed the daily revenue of the trading platform Pump.fun. Recent 30-day revenue figures for the app have ranged between $22 million and $32 million.
The application generates revenue through a fee of approximately 0.5% on each self-custodial swap. It operates without a governance token or emissions program. The total cumulative trading volume on the platform has exceeded $4 billion, while the user base has grown from 625 000 in mid-2026 to 2.7 million.
Fomo has secured a total of $94 million in funding. This includes a Series B round in June 2026, which raised $75 million and brought the company valuation to $550 million.
