fomo App Fees: What a Trade Actually Costs

What Does Each Chain Charge?

Sourced directly from help.fomo.family, checked 2026-11-11: Base, BNB Chain, Monad, Robinhood Chain, Ethereum, Arc and Elysium charge 0.50% plus network fees.

Solana is priced in four bands by order size: a flat 0.10 USDC under 5 USDC, 2% of the order from 5 to 47.50 USDC, a flat 0.95 USDC from 47.50 to 190 USDC, then 0.50%.

Since the article's 2026-11-01 update, those Solana bands are the price on “the lowest-fee route.” On the other routes the fee is 0.50% with a 0.95 USDC minimum, and fomo says the same size trade “can carry a different fee at different moments.”

Select major tokens are charged 0.05% instead, and fomo says a minimum fee applies on smaller trades “to cover blockchain costs.” Its 2026-11-04 article no longer states that minimum's amount or the order size it stops at.

The same page says fomo covers the network gas, priority fees and token rent on Solana only, so on Solana the fee above is close to your whole cost. On the other six networks, add the network fee shown in your quote. On 2026-08-20 the page said fomo covered gas on every chain except Ethereum, so this is a recent change.

One cost in that article is neither fomo's nor the network's: some tokens have fees built into their smart contracts, set by the token's creators. The app shows it before you trade as a Token tax row, and when it is high it replaces the fee line. Moving money in and out is a separate bill again, covered in how deposits and withdrawals work.

Screenshot added to this site on 2026-08-09. The schedule above was last checked against fomo's help center on 2026-11-04. Go by the fee on your own confirmation screen rather than this one.

The bands are worth reading twice, because the shape looks like a trap and is not one. They meet exactly at every edge: 2% of 5 USDC is 0.10, 2% of 47.50 is 0.95, and 0.50% of 190 is 0.95.

So the cost of a trade never jumps as you cross a threshold, and the effective rate falls smoothly the more you trade.

A schedule is still only half the bill. Every month we measure what a Solana trade actually costs this month on six venues at four order sizes, adding the price impact from a live quote and the network cost on top of whatever the published rate says.

Ethereum, for what it is worth, was missing from this article entirely when we read it on 2026-08-14 and is named again now. We record what each document said and when, rather than reading intent into an edit.

Are Fees the Same on the fomo.family Web App?

Yes. fomo runs in a browser at fomo.family as well as on iPhone and Android, and its fee article, read 2026-11-11, gives one schedule with no separate rate for the web app. What differs is where the network fee shows up:

• Network fee row. In the phone app you expand the details on the buy or sell screen to see it. On the web app it appears under the amount only when the fee is a meaningful part of the trade. A small network fee sits inside the total shown.
• High network fee warning. The phone app shows a sheet after you submit, and you tick I understand to continue. The web app puts a box in the trade panel, and the Buy or Sell button stays off until you tick it.

On Solana there is no network fee to look for, since fomo covers it there. On either version, the fee on your confirmation screen is the one you pay.

How Often Do the Fees Change?

Three different Solana schedules in twelve days. On 2026-08-08 the help center set a $0.95 minimum below 200 USDC. On 2026-08-14 it set a minimum of no more than 0.50 USDC below 100 USDC.

On 2026-08-20 it carried the four bands above, stamped “Updated yesterday.” None of the three is a rounding of the others.

On 2026-11-01 those bands became the price on the lowest-fee route only, and the other routes got a 0.95 USDC minimum. By our 2026-11-04 read, stamped “Updated yesterday,” the rates held, but the article no longer gave a 0.50 USDC figure for major tokens and spelled out what the referral discount leaves alone.

This page used to run a section on fomo's two documents contradicting each other, because the Terms of Use stated “a minimum fee of $0.95 per transaction” with no order-size qualifier while the help center said something narrower.

That contradiction is gone. fomo rewrote its Terms on 2026-08-17, and section 7 now names no figure at all outside perps.

It says the fee “depends on factors including the size and type of the transaction, the token involved, and how the transaction is routed,” that it “is displayed before you confirm the transaction,” and that fomo “may modify its fees at any time in its sole discretion.”

The Terms, last updated 2026-10-26, also say the fee shown for your transaction “controls over general examples in a blog or help article,” and that it “should be but is not guaranteed to be the fee that applies.” So treat the schedule on this page as a dated reading. The confirmation screen is the best figure you will get.

Read it before you tap, particularly if the last thing you read about fomo's fees was written more than a week ago.

What fomo's Own Volume Implies

DefiLlama, an independent data tracker, showed fomo's spot trading collecting $8,693,076 in fees over 30 days on $547,753,905 of Solana volume when we read it on 2026-08-08. That is a realized rate of 1.587%, more than three times the 0.50% headline.

Under the schedule fomo publishes now, a realized rate that high only happens if most orders are landing in the bands below 190 USDC, where the effective rate runs between 2% and 0.50% rather than at the advertised figure.

This is our arithmetic on a third party's numbers rather than anything fomo published, and it was read against an older schedule, so treat it as direction rather than a current measurement.

The direction is that the small-order bands describe the typical trade on this app, not a rare one.

When Does the 10% Discount Apply?

fomo's help center states it directly, and we read it there on 2026-11-04: signing up through a referral link brings the standard rate from 0.50% down to 0.45%, automatically, for as long as you use the account.

This is a rate discount applied at the point of trade, not cashback you have to go and claim.

The fee article now spells out the limits. The discount applies to the 0.50% rate only, while “the 0.05% rate on lowered-fee tokens and the fixed amounts on small Solana trades stay the same.” So on Solana it reaches your bill from about 190 USDC up, where that standard rate is what you are actually being charged.

Below there you are paying a flat amount or the 2% band, and a discount off a rate you are not being charged is worth nothing.

The catch, from the same page: a code can only be added at signup, and there is no documented way to apply one to an account that already exists. Full mechanics on the referral code page.

What Does a Perp Really Cost?

A perp you open in fomo routes to Hyperliquid through a builder code. fomo's own terms say fomo does not operate or settle it.

Per fomo's help center, fomo charges 0.05% per trade on both opening and closing a position, which is roughly 0.10% round trip in fomo's fee alone, and that sits on top of Hyperliquid's published ~0.045% taker fee.

All in, about 0.095% per side, so close to double the cost of going to Hyperliquid directly.

That sum is ours, not a published figure, and it uses Hyperliquid's base taker rate. A resting limit order pays its base maker rate of 0.015% instead. It covers the Hyperliquid-settled crypto perps only: fomo's launch post also names Trade[XYZ], which appears to carry the stock, index and commodity markets, and we have found no published rate card for it.

Phantom documents the same 0.05%, which is a fair sign this is the going rate rather than an outlier. Full mechanics in how fomo perps actually work.

Worth noticing: fomo's spot fee (0.50%) is ten times its perps fee (0.05%), which is the reverse of how a lot of trading platforms price the two.

One cost sits outside every number on this page: getting the money in. Trading fees only start once you have a balance, and buying that balance with a card or Apple Pay runs through a third-party payment provider that prices it separately from anything fomo charges.

We break down what card and Apple Pay funding costs so you can add it to the trade-size arithmetic above rather than discovering it at checkout.