Fomo generated $1.76 million in daily revenue on Friday, beating Pump.fun's $1.1 million, according to DefiLlama data. It's the first time the social trading app has edged past Solana's biggest memecoin launchpad in a single day. The two platforms run on the same chain but make money in very different ways.
Pump.fun still owns the month
One good Friday doesn't flip the leaderboard. Pump.fun generated more than $57 million over the past 30 days, compared with $17.6 million for Fomo, per the same DefiLlama figures. So Friday was a snapshot, not a trend.
Still, it shows Fomo's revenue climbing fast enough to trade the top spot on a day when Pump.fun's launches ran quiet. Revenue here is a proxy for activity. Pump.fun makes money from fees on the thousands of memecoins minted through its rails every day.
Fomo collects from the trading and social features wrapped around its app.
Fomo combines crypto trading with a feed that looks a lot like a social media timeline. People can view each other's trades in real time, which turns trading into something closer to a shared, public activity. That layout has pulled in money beyond trading fees.
The company says more than 68,000 users made their first crypto purchase on the platform using Apple Pay, which added up to about $25 million in transaction volume. Investors have taken notice. In June, Fomo closed a $75 million Series B led by Index Ventures, putting a $550 million valuation on the social trading app.
Fomo has also pushed past plain spot trading this year. On June 11 it launched perpetual futures contracts powered by Hyperliquid, though only for users outside the US. Perps let traders bet on price direction with leverage, and they tend to generate richer fees than simple buy-and-sell orders.
What the revenue gap really tells you
Pump.fun's edge is volume. It handles a massive number of small, cheap launches, and that volume adds up to a monthly total Fomo hasn't matched. Friday's result flips that at the daily level, but it doesn't erase the 30-day gap.
The more useful read is that two very different revenue models are both working on Solana. One charges launch after launch. The other charges for a social trading habit.
Both clear nine figures a year when you annualize their current runs. The number to watch is whether Fomo can turn these scattered daily wins into a week where it stays ahead.
If it strings together four or five days like Friday, the monthly gap starts to close and the comparison stops being a one-day oddity.
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