ECOSYSTEM
No Token, a Real Referral Program, and a Name Everyone Else Wants Too
fomo has not launched a token, but it does have a documented 10% referral discount -- and the word “fomo” is common enough that several unrelated companies compete for the same search terms. Start with what fomo is and who owns it.
Who Owns fomo
fomo belongs to FOMO Labs Inc., founded by Paul Erlanger and Se Yong Park, later joined by a third co-founder, Prashan Dharmasena. The app launched in April 2025. Funding has come in three rounds: a $2M pre-seed in February 2025 from 140+ angel investors with no lead, a $17M Series A led by Benchmark in November 2025, and a $75M Series B led by Index Ventures with USV and Benchmark in June 2026, valuing the company at $550M.
Is There a fomo Token?
No, as of this writing. fomo's blog, help center and X account contain no mention of a token, points program, or airdrop -- and no official denial either. That absence of a denial is worth noting on its own, because it's exactly the gap that scam “claim your airdrop” sites exploit. Full detail, including documented fake claim sites, in is there a fomo token or airdrop.
What Actually Exists: the Referral Program
In place of a points system, fomo runs a straightforward referral program. Sign up through a code and your trading fee drops from 0.50% to 0.45%, permanently. Whoever referred you earns 25% of the fees you go on to pay. Both numbers are stated verbatim in fomo's help center, and the code can only be added at signup -- there's no way to apply one to an existing account. Full mechanics on the referral code page.
A Name With a Lot of Competition
“FOMO” is common enough crypto slang that the name attracts unrelated products. fomo.com is a separate marketing SaaS company with no connection to fomo.family. Several unrelated cryptocurrencies use FOMO as a ticker. And there's an older, entirely unrelated South African food and lifestyle deals app called FomoAppSA, which predates FOMO Labs Inc. by several years. If you're trying to verify you're looking at the right company, check for the domain fomo.family and the X account @fomo (not the 216-follower, dormant @tryfomo handle).
What This Means for a fomo User
fomo is non-custodial, so the company's finances don't sit directly between you and your funds. What's worth actually tracking is the fee schedule -- the $0.95 minimum on small Solana orders is the thing every marketing page omits -- and the referral discount, which is real, documented, and worth using before you create an account. For the security posture rather than the corporate one, see the security hub, and for the practical day-to-day questions, troubleshooting.
fomo Snapshot
As of August 2026
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.
Get 10% off fomo feesWhat Is fomo? The Social Crypto Trading App, Explained
fomo lets you buy crypto with Apple Pay and see what other traders are doing while you do it. What it actually is, who built it, and how it's different from a normal exchange app.
fomo Referral Code: What You Actually Get (Not What Blog Spam Claims)
fomo's real referral program: a permanent 10% fee discount for you, 25% of your fees for whoever referred you. What the fake '50% off for life' posts are getting wrong.
Is There a fomo Token or Airdrop? Here's What's Actually True
No, fomo has not launched a token. There's no confirmed airdrop, no points program, and no official denial either — which is exactly the gap scam sites are exploiting.