Fomo Surpasses 100,000 Daily Active Traders

The number of daily active traders on the cryptocurrency trading app Fomo has surpassed 100,000 for the first time. This figure demonstrates the expansion of consumer services for on-chain trading apps. According to data released by user Adam from X, Fomo's daily active trader count has exceeded 100,000, and the only on-chain trading terminal to surpass 100,000 daily active wallets was Moonshot. Moonshot recorded 180,341 wallets during the issuance period of the Trump token in January 2025, but this Fomo figure does not reach that record. On-chain trading apps provide services that integrate wallet creation, asset trading, payments, and user feeds outside of centralized exchanges, and they have been evaluated as having a high entry barrier for new users. Fomo has a structure that allows traders to follow each other, share positions, and handle transactions of various blockchain assets within a single account. This count is based on daily active traders, and the numbers may vary when compared using other criteria such as active wallets, transaction counts, and trading volumes. While it is difficult to determine Fomo's profitability or user retention rate, this figure has been presented as an indicator of the scale of usage for on-chain trading apps.

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