FOMO Trading Bot Market Share Rises to 43%, Surpassing GMGN
FOMO was established in May 2025, with total funding of $94 million and a valuation exceeding $550 million. In the past 30 days, it generated $8.17 million in revenue, surpassing Uniswap and Phantom.
As of August 8, its Trading Bot market share reached 43%, overtaking GMGN to become the leader; the platform's total fees amounted to $30.39 million, with a single-day fee of $556,000 on August 6 setting a new record.
Pump.fun subsequently upgraded its social features and attracted meme influencers, intensifying competition for attention driven by events, benefiting FOMO while putting pressure on competitors.
Source: Public Information
ABAB AI Insight
FOMO has entered the Solana meme ecosystem with social trading and a low barrier to entry on mobile, rapidly accumulating users and trading volume; the funding path from angel to Series B reflects capital's recognition of the social trading model.
Revenue comes from real trading fees rather than token incentives, motivated by capturing meme attention economy through information flow and one-click copying; a similar path can be seen in the early explosion of social trading platforms.
In comparison to launch platforms like Pump.fun, it is currently in a phase where meme trading is shifting from infrastructure to attention distribution networks.
Essentially, this represents a transfer of pricing power: whoever controls user attention and trading entry points can extract higher fees, with the mechanism being that social features convert information advantages into a trading loop.
ABAB News · Law of Cognition
Social features determine trading entry points
Real fees are harder than token incentives
Market share can change overnight