Fomo surpasses Pump.fun in 7-day revenue as social trading gains ground on Solana

Fomo, the Solana-based social trading app that launched barely a year ago, has overtaken Pump.fun in seven-day protocol revenue according to DeFiLlama data. The milestone marks a notable shift on a blockchain where Pump.fun has been the undisputed revenue king for the better part of two years. On September 4, Fomo posted $1.76 million in daily protocol revenue. Pump.fun managed $1.1 million the same day. That’s a 60% gap on a single-day basis. The numbers in context Over a 30-day window, Pump.fun still commands a significant lead: roughly $57 million in revenue compared to Fomo’s $17.6 million. That’s more than three times the output. Fomo’s trajectory, though, has been steep. Back in July, the app ranked third among Solana protocols by seven-day revenue, pulling in $1.39 million for the week ending July 16. Pump.fun logged $5.51 million over that same stretch. In less than two months, Fomo closed a gap that looked pretty wide. The revenue model is straightforward. Fomo charges a flat fee of roughly $1 per swap, or about 0.5% as a minimum transaction fee on self-custodial trades. Additional income trickles in through builder-code fees tied to Hyperliquid perpetual futures. There’s ...