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Fomo

Overview

What is Fomo?
Fomo offers perpetual contracts on crypto, US equities, pre-IPO companies, indices and commodities through Hyperliquid's native markets and HIP-3 markets such as trade.xyz, alongside spot trading of memecoins and other tokens. The app is available on iOS, Android and the web at fomo.family.
How does Fomo work?
Fomo earns a fee on every trade placed through the app. On perpetuals it acts as a Hyperliquid builder: each order placed from the app carries Fomo's builder code, and Hyperliquid routes a 0.05% builder fee per side to Fomo's builder address at trade time, on top of the venue's own fee and any HIP-3 deployer share. On spot swaps Fomo charges a platform fee collected in its own fee wallets; on cross-chain swaps routed through Relay, Relay collects Fomo's app fee and settles it as USDC to Fomo's fee collector on Base.
Who governs Fomo?
Fomo is a mobile-first social trading app built by FOMO Labs, Inc., founded in 2025 by former dYdX employees. It combines a social feed, leaderboards and copy trading with self-custodial, gasless token swaps on Solana, Robinhood Chain, Base, BNB Chain and Monad, and since June 2026 perpetual futures executed on Hyperliquid. Fomo is operated as a private company; no token has been issued.
RevenueSpot and cross-chain fees in full, plus the 0.05% per-side builder fee on Hyperliquid perps (96% of fees, measured on the dev window Aug 24 to Sep 6, 2026; refreshed after the production backfill)$96Social trading app: gasless spot swaps on Solana via DFlow, cross-chain swaps settled through Relay, perpetual orders on Hyperliquid via builder codesSupply-side feesHyperliquid's protocol take and the HIP-3 deployer's cut of the gross fee on perps routed through Fomo (4% of fees, measured on the dev window Aug 24 to Sep 6, 2026; refreshed after the production backfill)$4Hyperliquid and HIP-3 market deployers (atomic fee split on perps fills)FeesTrading fees paid by users in the Fomo app: the spot fee on Solana swaps, the app fee on cross-chain swaps settled through Relay (recognized when Relay settles it to Fomo's fee collector on Base), and the gross fee on Hyperliquid perps routed through the app$100Traders
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.