fomo Reports Approximately 3.2 Million Users as It Builds a Broader Social Finance Platform

NEW YORK, Nov. 04, 2026 (GLOBE NEWSWIRE) -- fomo, a social trading platform for on-chain assets, today announced that it has approximately 3.2 million users as it continues to build a broader social finance platform. Available through its website, fomo.family, and mobile apps, fomo brings asset discovery, visible trader activity and trading across supported blockchain networks into one connected experience.

Its approach combines the convenience of a consumer app with social information that helps users investigate what is happening in the market. Public adoption indicators now include millions of Apple downloads along with hundreds of thousands of Android downloads, substantial app-store feedback and billions of dollars in independently tracked trading activity.

Public data shows adoption across several measures

As of October, 2026, fomo app reports 3.2 Million users with 1.5 Million monthly active users and $20B in spot trading volume. Google Play listed 500,000+ downloads for the fomo app. That is an Android download threshold, providing a platform-specific measure of distribution.

Trading activity provides another measure. DefiLlama’s fomo dashboard displayed approximately $3.2 billion in tracked DEX trading volume over the preceding 30 days, alongside approximately $14.46 billion in cumulative tracked DEX volume. These figures refer to DefiLlama’s DEX-volume coverage; its dashboard reports perpetual-futures volume separately.

Earlier company announcements document the platform’s development. In June, 2026, fomo reported more than 625,000 users, over $4 billion in trading volume and more than 110 million unique social interactions since launch. These are historical, company-reported figures from that announcement.

For readers researching fomo app reviews, the public store listings provide two substantial sets of user feedback, i.e; Apple’s App Store is at 4.8/5 - by approximately 25,000 ratings and Google Play is at 4.4/5 by approximately 8,100 reviews.

What users can do through the fomo app?

A central feature is the connected account experience. fomo’s web-launch announcement describes access to the same profile, balance, positions and social connections across mobile and desktop. Its supported cross-chain workflow uses a unified balance, reducing the need to manage separate trading journeys for each supported network.

The social features add context to asset discovery. Users can review trading activity and read published trade theses explaining why someone bought or sold an asset. fomo expanded these posts into its global feed in February 2026, making the reasoning available alongside broader community activity.

For deeper analysis, fomo announced a TradingView integration for its web platform in April 2026. The documented tools include multiple chart types, more than 100 technical indicators, drawing tools and social activity displayed alongside charts. This gives users several ways to investigate an asset within the trading experience.

The combination supports a practical workflow: discover an asset, examine its market information, consider the reasoning others have shared and make an independent decision.

Team behind the fomo app

Index Ventures identifies Paul Erlanger, Se Yong Park and Prashan Dharmasena as fomo’s founders. Its investment announcement also describes Erlanger and Park’s experience at Deutsche Bank and dYdX.

In June 2026, fomo announced a $75 million Series B led by Index Ventures, with participation from Union Square Ventures. Index separately confirmed that it led the round.

Union Square Ventures’ investment commentary describes the broader opportunity as a universal financial interface and points to fomo’s progression across multiple networks, desktop access and additional product categories.

A trading app “for the rest of us”

fomo’s stated ambition extends beyond its current offering toward a broader social finance network. Its positioning as a trading app “for the rest of us” connects that ambition to a consumer experience built around accessibility and participation.

Today, that direction is visible in the product’s combination of connected accounts, social information and analysis tools. Its public ratings, documented funding and tracked trading activity provide concrete reference points for people researching what the fomo app is and evaluating whether its features fit their needs.

About fomo

fomo is a social trading platform combining financial discovery, social information and trading across supported blockchain networks. FOMO Labs Inc. develops the platform, which is available through mobile apps and the web at fomo.family.

Media Contact:

Name: Ben Aratame
Designation: Head of Marketing, fomo
Email: ben@fomo.family
Website: www.fomo.family

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