Fomo’s weekly revenue falls 59% to $3.96 million after five straight weekly declines

Fomo, the self-custodial social trading app built on Solana, has posted five consecutive weeks of falling revenue. Weekly protocol revenue now sits at $3.96 million, down 59% from a peak of $9.59 million. That is a steep slide for an app that spent the summer setting records. It is also, for perspective, still a bigger number than Fomo was putting up two months ago. From record highs to a five-week slump The latest figure, as of October 13, 2026, caps a run of weekly declines. The slowdown has been attributed to cooling on-chain activity during a broader pullback across the crypto market. The climb that preceded the drop was fast. Fomo set a then-record of $1.57 million in weekly revenue for the week ending July 27. It topped that with $2.64 million for the week ending August 8. By early September, the app was pulling in nearly $8 million in a single week, with the peak landing at $9.59 million. Over the July-to-September stretch, Fomo also outearned Pump.fun, one of the better-known trading platforms in the Solana ecosystem, in daily revenue on some days. On a 30-day basis, recent revenue figures have ranged from $22 million to $32 million. A business with no token to lean on The ...