Fomo, the Solana-based social trading app, posted higher 24-hour revenue than Hyperliquid according to DefiLlama data. The platform, which launched perpetual futures trading in June 2026, hit an all-time weekly revenue high of $2.64 million for the week ending August 8, 2026. Fomo closed a $75 million Series B funding round in June 2026, reaching a $550 million valuation, and attracted over 625,000 users with cumulative trading volumes exceeding $4 billion. For Hyperliquid, which crossed $1 billion in cumulative revenue by June 30, 2026, the dynamic creates an unusual relationship where Fomo is simultaneously a competitor in revenue rankings and a customer routing order flow through Hyperliquid’s infrastructure.
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