# Active users (daily) Methodology

## 1. Overview

Active users (daily) is defined as the number of unique accounts that execute a revenue-generating cross-chain transaction through Fomo Cross-chain within a fixed 24-hour window. This metric is utilized to evaluate user adoption, engagement, and transaction activity specifically for the cross-chain swap product. By aggregating unique transacting accounts daily, the protocol's growth and utility in cross-chain settlement are assessed.

## 2. Data sources

- **Blockchain events**: USDC transfers on Solana settled through Relay deposit and fill accounts

## 3. Step-by-step calculation

### Component A: Cross-chain buy tracking

- **Purpose**: Identifies user accounts executing cross-chain buy transactions
- **Logic**: USDC transfers on Solana are filtered to isolate deposits into the Relay deposit vault. Transactions are qualified if the transaction signer matches a designated Fomo relayer account. The user account is identified as the authority account of the transfer
- **Key fields**: `block_timestamp` (timing), `user_address` (user account identification), `amount` (transfer volume)

### Component B: Cross-chain sell tracking

- **Purpose**: Identifies user accounts executing cross-chain sell transactions
- **Logic**: USDC transfers on Solana from the Relay fill wallet are analyzed. To verify these transfers represent Fomo sell transactions, the recipient account is matched against a historical record of all Fomo actions, which includes Fomo Spot fees and Fomo Cross-chain buys. A transfer is classified as a sell only if the recipient account has a recorded Fomo interaction on or before the day of the transfer
- **Key fields**: `block_timestamp` (timing), `user_address` (user account identification), `amount` (transfer volume)

### Component C: Daily active user aggregation

- **Purpose**: Aggregates unique accounts to calculate active users (daily)
- **Logic**: The user accounts identified from both buy and sell transactions are combined. Duplicate accounts are removed within each UTC day boundary to yield the count of unique active users (daily) for Fomo Cross-chain
- **Key fields**: `block_timestamp` (timing), `user_address` (user account identification)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique revenue-generating users over a fixed 24-hour window.

Active users (daily)

DEX aggregators

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.

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.

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.

Fomo Cross-chain

Active users (daily)

Active users (daily)

Chain breakdown