fomo has become one of the main trading entry points on Robinhood Chain as activity on the network accelerates. On August 31, the platform accounted for about 35.6% of Robinhood Chain trading terminal volume, second only to GMGN at 43.6%, according to a Dune dashboard cited in the source. Robinhood Chain also represented roughly 75% of fomo's daily trading volume that day, overtaking Solana as the platform's dominant market.
The platform said its total user count surpassed 1.9 million by August 31, up from more than 120,000 in November 2025, with over 1.2 million users active in August and more than 30,000 new users joining daily. Monthly trading volume rose from $500 million in June to $1.5 billion in July, and fomo projected August volume would exceed $2.8 billion. The company also estimated August revenue at about $17 million.
The growth has been supported by referral rewards, trader incentive programs and clan-based social features, while product expansion into web trading and perpetuals broadened user engagement. On August 31, fomo also announced the acquisition of software and intellectual property developed by Mobula, with Axios reporting the deal was worth $17 million, as the company moves to strengthen its data infrastructure.
fomo Emerges as Major Robinhood Chain Trading Hub as User Base Hits 1.9 Million
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