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.

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Fomo

# Fomo Average fees per user (AFPU) Methodology

## 1. Overview

Average fees per user (AFPU) measures the fees paid per active user over a fixed 24-hour window. The metric is calculated as total daily fees divided by active users (daily), reflecting how much an individual user pays for the service on a daily basis. Fees and user activity are aggregated across Fomo Perps, Fomo Spot, and Fomo Cross-chain, including cross-chain settlements facilitated by Relay. This metric is utilized to evaluate the economic value generated per active participant on a daily basis.

## 2. Data sources

- **Fees**: Derived from the Fees metric
- **Active users (daily)**: Derived from the Active users (daily) metric

## 3. Step-by-step calculation

### Component A: Fees aggregation

- **Purpose**: Calculate the total daily fees generated across all Fomo products
- **Logic**: Daily fees are aggregated from three distinct products. For Fomo Perps, gross fees are extracted from trade fills routed through Fomo's builder address on Hyperliquid. For Fomo Spot, asset transfers into Fomo's Solana fee account are captured, excluding transfers where the fee account is the authority, and converted to USD. For Fomo Cross-chain, USDC settlements paid by Relay solvers to Fomo's fee collector account on Base are aggregated. All fee amounts are normalized by decimal precision and converted to USD using end-of-day price feeds.
- **Key fields**: `fee`, `amount`, and `address`

### Component B: active users (daily) tracking

- **Purpose**: Identify and count unique active users (daily) across all Fomo products
- **Logic**: Unique user accounts are identified daily from transaction activity across all three products. For Fomo Perps, trader addresses are extracted from trade fills. For Fomo Spot, transaction signers are extracted from Solana fee transfers. For Fomo Cross-chain, user accounts are extracted from Solana asset transfers representing buys (deposits into Relay's solver vault account signed by Fomo relayers) and sells (transfers from Relay's fill wallet account to existing Fomo user accounts). These user accounts are combined, and the active users (daily) are calculated by counting the unique accounts at the project level.
- **Key fields**: `trader_address`, `signer`, and `user_address`

### Component C: Average fees per user calculation

- **Purpose**: Calculate the final average fees paid per active user
- **Logic**: The total daily fees calculated in Component A are divided by the active users (daily) calculated in Component B. If no activity is recorded for a given day, the metric is filled with zero.
- **Key fields**: `fees` and `user_dau`

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

Fomo

Average fees per user (AFPU)

Average fees per user (AFPU)

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