FOMO, the social trading app built on Solana, just posted its highest weekly revenue on record. In the seven days ending July 16, 2026, the platform generated approximately $1.39 million, a number that puts it in third place among all Solana protocols by weekly revenue, behind only Pump.fun.

To put that growth in context: FOMO was pulling in roughly $150,000 per week in late 2025. That is not a typo. The platform nearly 10x’d its weekly revenue in roughly eight months.

How FOMO actually makes money

The platform earns through transaction fees on self-custodial swaps and builder code fees from Hyperliquid perpetual contracts. No governance token, no inflationary emissions.

Of the $1.39M generated last week, approximately $1.34M came directly from Solana DEX activity. The concentration is notable. FOMO is, at its core, a Solana-native product that has found a repeatable revenue engine on one chain before expanding the thesis elsewhere.

$94M raised, 625,000 users, $4B in volume

FOMO has raised a total of $94 million across three rounds. The journey started with a $2 million angel round in February 2025, followed by a $17 million Series A led by Benchmark in November 2025. Then, in June 2026, the company closed a $75 million Series B that valued it at $550 million.

On the user side, FOMO has crossed 625,000 accounts and has logged over $4 billion in cumulative trading volume since launching roughly a year before mid-2026. The platform has also recorded over 110 million social interactions in that same period.

The core premise is straightforward: combine a social feed with a trading interface, let users follow and copy top performers, and watch trading activity compound as social dynamics kick in.

At $1.39M per week, the platform is approaching an annualized revenue run rate that starts to make the $550 million valuation feel less like a bet and more like a multiple.