COMPARISONS
fomo Against the Field
fomo's closest real competitor is Moonshot -- same pitch, same Apple Pay onboarding, same audience. Read fomo vs Moonshot, or start at the FomoAppGuide homepage for the overview.
Moonshot Is the Closest Real Competitor
fomo and Moonshot solve the same problem the same way: buy crypto from your phone with a card or Apple Pay, no exchange account required, with a non-custodial embedded wallet handling the keys behind the scenes. That's the comparison people actually search for, and it's the one with a clear, cited answer -- see fomo vs Moonshot for the full fee math.
fomo is also the faster-growing of the two right now: DefiLlama shows fomo's fee revenue up roughly 178% month over month, putting it among the fastest-growing products in the wider memecoin-terminal category, not just among mobile apps specifically.
Where fomo Loses
Fee transparency. The $0.95 minimum on small Solana orders isn't stated consistently between fomo's own Terms of Service and its help center -- the Terms state it without qualification, while the help center scopes it to orders under 200 USDC. Apps with a published, unambiguous fee schedule, like Axiom, don't carry that ambiguity.
Perps pricing. fomo's perpetual futures route to Hyperliquid through a builder code, adding roughly 0.05% on top of Hyperliquid's own fee -- about double the cost of trading Hyperliquid directly. That's the standard rate for this mechanism, not unusually expensive, but it's a real premium worth knowing about. Full breakdown in how fomo perps actually work.
Where fomo Wins
Chain coverage and the social feed. fomo spans five chains -- Solana, Base, BNB Chain, Monad and Ethereum -- more than most apps in its category. The social feed, where you can follow other traders and see their trades in real time, is fomo's actual product differentiator; Moonshot has no equivalent, and desktop terminals generally don't either.
A real, documented referral discount. Sign up through a code and your rate drops from 0.50% to 0.45%, permanently -- verified verbatim from fomo's help center, not an inflated number from a third-party blog.
fomo vs Moonshot
Verified 2026-08-08
The Short Verdict
fomo and Moonshot are close enough that trade size decides the winner: fomo is cheaper above roughly $190 per trade, Moonshot is marginally cheaper below that. fomo covers more chains and adds a genuine social layer; Moonshot is the simpler, more established product, majority-owned by Jupiter Exchange. Neither is the cheap option in absolute terms -- both charge a real premium over a desktop terminal like Axiom for the convenience of a phone app and card funding.
fomo vs Moonshot at a Glance
| Feature | fomo | Moonshot |
|---|---|---|
| Spot fee | 0.50%, $0.95 min under 200 USDC | 2.5% under $100, 1% over |
| Chains | Solana, Base, BNB Chain, Monad, Ethereum | Solana, Base |
| Referral discount | 10% off, permanent | Not documented |
| Social feed | Yes | No |
| Perpetual futures | Yes, via Hyperliquid | Via Jupiter Perps |
| Ownership | Independent, ~$94M raised | Majority-owned by Jupiter Exchange |
| Wallet custody | Non-custodial, MPC via Privy | Non-custodial, MPC via Turnkey |
fomo figures from help.fomo.family and fomo.family/terms. Moonshot figures from support.moonshot.com. Checked 2026-08-08.
Comparisons We Have Deliberately Not Built
Publishing this list is more useful than publishing the pages would be.
| Comparison | Why not |
|---|---|
| fomo vs Vector | Vector was acquired by Coinbase in November 2025 and shut down -- both app store listings now 404. There's nothing live to compare against. |
| fomo vs a perpetuals venue directly | Category error. fomo's perps route to Hyperliquid through a builder code, so comparing fomo to Hyperliquid is really comparing fomo to itself plus a markup. See our sister site hyperliquidguide.com for what trading Hyperliquid direct actually costs. |
| fomo vs Base App | Coinbase's Base App is pivoting away from its social-trading thesis after publicly admitting it failed. We'll revisit if that changes. |
For a desktop terminal comparison, our sister site axiompedia.com covers Axiom in depth.
Get 10% Off fomo Fees, Permanently
Sign up through our link and your trading fee drops from 0.50% to 0.45% automatically, on every trade. The discount can only be added at signup.
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