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.

website

twitter

DEX aggregators

Fomo

# Fomo Average revenue per user (ARPU) Methodology

## 1. Overview

The average revenue generated per active user over a fixed 24-hour window is measured by Average revenue per user (ARPU). This metric is calculated by dividing total daily revenue by active users (daily), reflecting the monetization efficiency of individual users on a daily basis. Revenue and user activity are captured across core products, including Fomo Perps, Fomo Spot, and Fomo Cross-chain. Insights into user valuation and the overall economic health of the protocol are provided by this metric.

## 2. Data sources

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

## 3. Step-by-step calculation

### Component A: Fomo Perps, Fomo Spot, and Fomo Cross-chain revenue aggregation

- **Purpose**: The aggregation of total daily revenue generated across all Fomo products.
- **Logic**: Daily revenue values are extracted from the upstream Revenue metric. These values are represented by the sum of builder fees from Fomo Perps, and the full transaction fees from Fomo Spot and Fomo Cross-chain, all normalized to USD. The daily revenue is summed across all chains and products to establish a single daily protocol revenue figure.
- **Key fields**: `timestamp`, `revenue`

### Component B: Fomo Perps, Fomo Spot, and Fomo Cross-chain active user extraction

- **Purpose**: The extraction of the active users (daily) count for the protocol.
- **Logic**: Active users (daily) counts are retrieved from the upstream Active users (daily) metric. The unique user count is extracted specifically for the project-level dimension to represent the total unique active users across the entire protocol for each 24-hour window.
- **Key fields**: `timestamp`, `user_dau`

### Component C: Average revenue per user calculation

- **Purpose**: The calculation of the average revenue generated per active user.
- **Logic**: The total daily revenue is divided by the active users (daily) count for each corresponding day. A safe division function is applied to prevent division-by-zero errors, resulting in the final average revenue per user (ARPU) value. Missing days are filled with zeros where no activity is recorded.
- **Key fields**: `timestamp`, `arpu`

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

Fomo

Average revenue per user (ARPU)

Average revenue per user (ARPU)

Competitive landscape