FOMO is a mobile-first, multichain trading app that charges 0.5% per trade (with a minimum on most Solana trades) and covers gas on Solana, according to its help centre. It ranks second in our list (7.2/10) thanks to the lowest headline fee and the best phone experience, but it has fewer pro tools than desktop terminals.
FOMO at a glance
FOMO launched on iOS and Android in May 2025 and also runs on the web at fomo.family. The site describes it as a "social-first crypto platform" where you can "follow traders, copy trades", see leaderboards, get alerts on what top traders buy, and fund with Apple Pay. It says it serves 2,500,000 traders (homepage, checked October 27, 2026); we could not independently verify that number.
The company raised a $17 million Series A led by Benchmark in November 2025 (The Block).
FOMO is busy. DefiLlama shows about $16.4 million in 30-day fees, about $10.3 million of it on Solana (DefiLlama, September 27 to October 26, 2026, checked October 27, 2026). That still makes it the second-largest Solana trading app we track after Axiom.
FOMO fees
FOMO now publishes its fees in its help centre (checked October 27, 2026); its terms of service add that the exact fee is shown before you confirm. TechCrunch first reported the 0.5% rate in November 2025.
- Solana, most routes: 0.50% with a 0.95 USDC minimum
- Solana, lowest-fee route: 0.10 USDC under 5 USDC, 2% from 5 to 47.50 USDC, 0.95 USDC from 47.50 to 190 USDC, 0.50% from 190 USDC up. Which route you get changes from trade to trade
- Other networks (Base, BNB Chain, Monad, Robinhood Chain, Ethereum, Arc): 0.50% per trade plus network fees
- Gas: FOMO covers gas, priority fees and token rent on Solana only
- Select major tokens: 0.05%, with a minimum on small trades
- Perps: 0.05% per transaction, plus third-party protocol fees, per the terms
The Solana minimums matter. On a $20 trade, $0.95 is almost 5% (or 2% on the lowest-fee route), far above the 1% flat fee at Trojan or GMGN. Once trades are above about $190, the 0.5% rate is the cheapest in our list. See the full breakdown in Solana trading bot fees compared.
FOMO referral code
Update, October 2026: FOMO's help centre now confirms that a referred user gets 10% off trading fees (0.50% becomes 0.45%), applied at sign-up; see our FOMO referral code guide. FOMO's terms confirm the referral program and ban self-referrals. Earlier, before the help-centre article, we could not confirm the discount from an official source, so our fee score doesn't count it. Our FOMO link is an affiliate link.
Features
Social copy trading. Follow traders, see their entries and live profit/loss, and copy buys from the feed. It's the simplest copy trading in our list. Compare options in best Solana copy trading bots.
Multichain, one balance. Trade Solana, Base, BNB Chain, Ethereum and more from one app, with no manual bridging.
MEV protection. FOMO says it routes trades through DFlow "for better execution and MEV protection" (FOMO).
Perps. Leveraged perpetuals are listed in the terms at 0.05% per transaction.
What's missing: no sniping, no DCA and no advanced limit-order tooling in FOMO's published materials. Serious desktop traders will want a trading terminal.
Is FOMO safe?
We found no reported hack or exploit of FOMO. On custody, the terms say your wallet "is generated and managed by Privy", your trading wallet "is non-custodial", and you can view and export your private keys.
Two caveats. First, FOMO is young: it has about 17 months of public history. Second, it is still a hot wallet on your phone, so a phished account or a stolen device can cost you funds. Use a strong device lock and keep large holdings elsewhere. More in are Solana trading bots safe?
How FOMO scores
| Factor | Score | Why |
|---|---|---|
| Fees (30%) | 8.0 | 0.5% headline (minimum fee noted as a con) |
| Features (30%) | 6 | MEV, wallet following, copy trading, perps, multichain, social feed |
| Security (25%) | 9.0 | No reported incident |
| Usability (15%) | 9 | Native apps, web, Apple Pay, simple social interface; fee schedule in the help centre |
Weighted rating: 7.2/10. Method: about page.
FOMO vs alternatives
- FOMO vs Trojan: Trojan has more tools and Telegram access, 0.8% net fee, Solana only.
- FOMO vs GMGN: GMGN also has mobile apps and copy trading, with a full pro terminal on web.
- Axiom vs FOMO: the busiest desktop terminal against the easiest phone app.
- BONKbot: a simple phone option through Telegram.
FOMO also appears in our best Solana trading apps, best bots for beginners and cheapest Solana trading bots. See the full Solana trading bot ranking.
What a trade really costs on FOMO
Because of the minimums, FOMO's cost depends heavily on trade size. Using the help centre's Solana schedule (our calculations, treating USDC as $1):
| Trade size | FOMO fee (most routes) | FOMO fee (lowest-fee route) | 1% bot fee |
|---|---|---|---|
| $20 | $0.95 (4.75%) | $0.40 (2%) | $0.20 |
| $100 | $0.95 (0.95%) | $0.95 (0.95%) | $1.00 |
| $500 | $2.50 (0.50%) | $2.50 (0.50%) | $5.00 |
On the other networks there's no minimum, so small trades cost 0.5% plus the network fee, which you pay there. On Solana FOMO covers gas and priority fees, which saves the priority fee you'd set on other bots. Always check the fee FOMO shows before you confirm, since its terms say it can vary.
Getting started safely
- Download FOMO from the official App Store or Google Play listing linked on fomo.family, not from a search ad.
- Fund with a small amount first; FOMO supports Apple Pay.
- Export and back up your private key, as the terms allow. If you lose your phone, that backup matters.
- Before copying anyone, look at their history over many trades, not just one big win.
Our how to use FOMO guide covers each step.
Who should use FOMO
Good fit: phone-first traders, beginners, and anyone who wants to trade across chains without bridging.
Look elsewhere if: you make many small trades, want sniping or DCA, or prefer Telegram (best Telegram bots).
Verdict
FOMO is the best pick if you trade from your phone, want copy trading without setup, and place trades above roughly $190. For small, frequent trades the Solana minimums hurt, and power users will miss sniping and advanced orders.
Risk note: Memecoin trading is high risk and social feeds can amplify hype. Apps can be hacked or shut down. Only trade money you can afford to lose.
