fomo has emerged as one of the most visible winners in the scramble for users and order flow tied to Robinhood Chain trading. Data from a Dune dashboard by Adam Tehc showed that on Aug. 31, GMGN accounted for about 43.6% of Robinhood Chain trading terminal volume and fomo took roughly 35.6%, putting their combined share near 79.2%. Within fomo itself, Robinhood Chain made up about 75% of daily volume that day, ahead of Solana at around 20%, BNB Chain at 3.4% and Base at 1%, based on the latest chart interval cited by the source. The company’s own numbers point to a sharp expansion. fomo said its total user count had passed 1.9 million as of Aug. 31, with more than 1.2 million users active in August and more than 30,000 new users joining each day. Monthly trading volume rose from $500 million in June to $1.5 billion in July, and the company projected August volume above $2.8 billion. It also estimated about $17 million in monthly revenue for August, equivalent to more than $200 million on an annualized basis. The article links that growth to three connected mechanisms — referrals, Trader Rewards and Clans — as well as a broader product buildout across web trading, perpetuals and cross-chain access. On the infrastructure side, fomo said it acquired proprietary software and intellectual property developed by Mobula, while Axios, citing CEO Paul Erlanger, reported the deal was worth $17 million.

A whale address self-labeled as 「喜欢梭哈 allin.eth」 was liquidated on a GOLD long after prices fell, according to TradingBeats, formerly Hyperinsight. The trader opened the position on Aug. 31 at an average entry of $4,422.3, using 20x isolated leverage with exposure nearing $2 million. During the sell-off, the address first reduced 154.20 contracts near $4,311, taking a loss of about $17,200. The remaining 298.05 contracts were then liquidated by the system at around $4,290.06, with a liquidation value of about $1.279 million and an additional realized loss of roughly $39,400. Total losses on the GOLD trade came to about $56,600. As of publication, the address no longer held a GOLD position, though it still had a long worth about $187,000 in xyz:CBRS. Its cumulative perpetual trading PnL remained positive at about $308,000. TradingBeats also linked wallets controlled by the address to the public Polymarket account 「Azen」.

FOMO is drawing a broader mix of crypto traders after first gaining traction among Meme coin participants. The platform now also has users active in secondary-market trading and derivatives trading, while @seyong said FOMO is adding an average of 30 new users per minute. This guide explains how to configure the Global feed, use Clans to identify shared conviction, and read five key tabs: Crypto, Trending, Most Held, Graduated and Gainers. The recommended workflow starts with Graduated for newly listed tokens, moves to Trending to measure attention, checks Most Held for continued ownership, and ends with Gainers to see whether a token has already moved too far. Clans can help traders identify members who repeatedly publish theses and buy the same token before a major move, but rankings should be checked against a member's latest 20 trades because a few large positions or a single profitable trade can distort a team's PnL. FOMO alerts may also arrive after the original entry, making a 10% to 20% move materially different from the trader's position. The platform is best treated as an Alpha radar, not an automatic copy-trading tool. Signal delays, potentially distorted PnL, slippage and liquidity risk still require users to make their own decisions.

According to Coinglass data, whale positions on the Hyperliquid platform currently total $7.395 billion. Long positions account for $3.545 billion, or 47.95% of the total, while short positions make up $3.849 billion, or 52.05%. That leaves shorts with a slight edge in the overall positioning mix. On the profit-and-loss side, long positions have generated $376 million in gains, while short positions are sitting on a $414 million loss. In other words, the aggregate long book remains profitable even as the short book bleeds. The data also flags a specific jumbo whale, address 0x92ea..e9, which opened a 3x cross-margin long on Bitcoin at $77,089.9 per BTC. That single position is now showing an unrealized profit of $2.3878 million. The figures come from ChainCatcher, citing Coinglass data on large holder positions across Hyperliquid. The snapshot reflects current open interest among whale addresses on the platform.

PlanX said it has upgraded its infrastructure strategy around two service lines: Backend as a Service, or BaaS, and Infrastructure as a Service, or IaaS. The company’s pitch is that platforms with users, traffic, assets, or trading scenarios should be able to offer trading features without first building a full exchange stack on their own. In PlanX’s framing, the hard part is no longer the trading interface alone, but the dense backend layer behind it, including accounts, order handling, pricing, liquidity, market making, position management, margin, risk controls, liquidation logic, PnL calculation, settlement, market data, monitoring, and operations. Through BaaS, wallets, fintech apps, AI agents, communities, brokers, DApps, Telegram bots, and other platforms can keep their own brand and frontend while connecting trading capabilities to PlanX. Through IaaS, asset issuers and project teams can define what should be tradable, while PlanX provides the market infrastructure needed to keep those markets running. The company said this model can apply to crypto assets, ecosystem assets, synthetic markets, indexes, RWA-related products, prediction-related markets, and other programmable financial products, with deployment adjusted for different markets and regulatory requirements.

Coinglass data shows whale positions on Hyperliquid currently stand at $7.038 billion. Of that total, long positions account for $3.34 billion, or 47.46%, while short positions account for $3.697 billion, or 52.54%. On the profit and loss side, longs are showing $406 million, while shorts are at -$443 million. The data also points to a whale address, 0x92ea..e9, which opened a 3x full-position BTC long at $77,089.9. That position is currently showing an unrealized profit of $3.3406 million. The figures were cited by ChainCatcher, which attributed the data to Coinglass. No additional context was provided in the source beyond the position breakdown, the long-short split, the reported PnL figures, and the status of the BTC whale trade.

TradingBeats, formerly known as Hyperinsight, said on Aug. 25 that the largest long positions on Hyperliquid in BTC, ETH and HYPE have broadly remained in place, with no position cuts among the top three longs in each market. In BTC, Garrett Jin, described as the agent for the “1011 insider whale,” held roughly $102 million in a 5x long with about $5.85 million in unrealized profit, while two other top traders held about $80.73 million and $80.72 million positions. In ETH, the largest two longs were valued at about $63.15 million and $50.13 million, and Machi Big Brother held about 19,600 ETH in a 25x leveraged long worth around $49.07 million, showing about $1.4 million in floating profit. In HYPE, the largest long stood at roughly $112 million, with the next two at about $36.73 million and $36.44 million. TradingBeats also noted that although Machi reduced about 70,600 ETH over the past two weeks, he added about 86,300 ETH during the same period, leaving his net exposure still clearly higher. Hyperliquid Portfolio data showed his cumulative PnL fell to about -$36.64 million on Aug. 13 before recovering about $10.83 million to around -$25.82 million.

TradingBeats data tracked a split in performance among large crypto whale accounts that recently saw sharp gains in account equity. The biggest HYPE long remains at the top by unrealized profit, sitting on roughly $58.14 million in paper gains. By contrast, a BIT-linked whale has already exited its ETH position entirely, locking in about $31.26 million in net profit after funding and trading fees. The figures also show that the so-called BTC OG insider whale, described as the largest BTC long, is still not profitable overall. Its 1,268.3 BTC long is showing about $5.6 million in unrealized profit, but that is more than offset by an unrealized loss of about $13.4 million on a ZEC short, leaving the full portfolio down around $7.8 million. Other monitored accounts include an ETH whale that bought 20,000 ETH at an average price of $1,936 and has not reduced the position, a ZEC whale with gains building since entering 39 days ago, and Machi, whose recent recovery has improved short-term numbers but has not erased cumulative losses across the full cycle.