Social trading platform Fomo generated $1.76 million in daily revenue on Friday, Sept. 4, outpacing memecoin launchpad Pump.fun, which recorded $1.1 million the same day, according to DefiLlama data.
Despite the single-day lead, Pump.fun maintains stronger 30-day performance. Pump.fun generated more than $57 million in revenue over the past month, while Fomo posted $17.6 million during the same period.
Fomo integrates social feeds into crypto trading, letting users view other traders' positions and executions. The platform expanded beyond spot trading this year. On June 11, Fomo launched perpetual futures contracts for non-U.S. users, with derivatives powered by Hyperliquid's Layer 1 blockchain.
Fomo secured a $75 million Series B in June led by Index Ventures, valuing the platform at $550 million.
User onboarding accelerated through Apple Pay integration. Over 68,000 users made their first crypto purchase on Fomo using Apple Pay, generating approximately $25 million in transaction volume.
Fomo implemented a referral program to drive user growth and activity. The platform paid out more than $2 million in referral fees by June 2.
