Social trading app fomo is seeing rapid user growth, according to a post on X by co-founder @seyong on Sept. 1. He said the platform has recently been adding 30 new users every minute. Separate data cited in the update showed that weekly trading volume for social trading apps was close to $1.3 billion in the week ending Aug. 24. The same dataset also indicated that daily active users at Fomo and Pump have moved close to the levels seen at Polymarket, Hyperliquid and Phantom, at roughly 60,000 to 100,000. The figures point to fast expansion in user acquisition and activity across the social trading app segment, based on the numbers referenced in the post and the accompanying data snapshot reported by BlockBeats.
BlockBeats reported on Sept. 1 that @seyong, co-founder of the social trading app fomo, said in a post on X that the platform has been growing quickly and is adding 30 new users per minute.
Separate data showed that weekly trading volume for social trading apps was close to $1.3 billion in the week ending Aug. 24. Daily active users at Fomo and Pump were also nearing those of Polymarket, Hyperliquid and Phantom, at 60,000 to 100,000.
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