BBX Logo Beta

FOMO platform contract trading volume exceeds Meme token, but the latter contributes more fees.

--

On November 14, the daily trading volume of perpetual contracts on the FOMO platform exceeded $171 million, while the trading volume of tokens such as Meme was $37.4 million, with the contract trading volume being approximately 4.5 times that of Meme. Meme token trading remains the primary source of FOMO fees. On November 14th, FOMO perpetual contract trading generated $76,000 in fees, while token trading generated $185,000 in fees. FOMO's perpetual contracts are implemented through Hyperliquid, and FOMO charges a maximum of 0.05% for opening and closing positions.

Loading...