FEES & REFERRAL

What fomo Actually Charges

A 0.50% headline rate, and a banded Solana schedule that turns a $10 buy into an effective 2%.

Reviewed by Concept211Sourced from fomo's Terms of Service and help center

fomo charges 0.50% on a trade, dropping to 0.05% on a handful of major tokens. For how those fees compare with Phantom and the other apps, the same order sizes are priced side by side with the date each schedule was read.

Solana is the exception, and it 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% from 190 USDC up.

So a $10 buy costs $0.20, or 2% of the trade, four times the headline rate. Buying and selling again costs $0.40.

A $50 order pays a flat $0.95, which is 1.90%, and a $100 order pays that same $0.95, which is 0.95%, so the bigger the trade the closer you get to the advertised rate.

The bands meet exactly at each edge, so nothing jumps: 2% of 5 is 0.10, 2% of 47.50 is 0.95, and 0.50% of 190 is 0.95. A $500 trade costs $2.50.

A referral code takes 10% off the standard rate, moving 0.50% to 0.45%, and can only be applied when you first sign up. fomo documents it against that standard rate only, so on Solana it starts being worth something at 190 USDC.

Every rate here is read from fomo's own fee documentation at help.fomo.family, checked 2026-08-20. The dollar figures are that schedule worked out at each trade size, not quoted from fomo.

What a round trip on Solana actually costs, as a share of the tradeHorizontal bar chart of the effective fee rate at 5 trade sizes on Solana. $2 pays 5.00%, $10 pays 2.00%, $50 pays 1.90%, $100 pays 0.95%, $190 pays 0.50%. fomo's Solana schedule charges a flat 0.10 USDC under 5 USDC, 2% from 5 to 47.50 USDC, a flat 0.95 USDC from 47.50 to 190 USDC, and 0.50% above that, which is why the small trades cost more as a share. Source: fomo's help center, help.fomo.family, checked 2026-08-20.0.50% advertised rate$25.00%$102.00%$501.90%$1000.95%$1900.50%
A $2 round trip on Solana costs 5.00% of the money you moved, because the smallest tier is a flat 0.10 USDC however little you trade. The advertised 0.50% only takes over at 190 USDC. Blue bars are trades paying more than the advertised rate. Rates from fomo's help center, help.fomo.family, checked 2026-08-20.

fomo Fee Quick Reference

Standard fee

0.50%

0.05% on select major tokens

Solana, small orders

2% to 1.90%

Banded by size below 190 USDC

Referral discount

10%

Percentage rate only, added at signup

Perps fee: 0.05% per side · added on top of Hyperliquid's published ~0.045% taker fee

Gas: fomo's help center, checked 2026-08-20, says fomo covers gas, priority fees and token rent on Solana, Base, BNB Chain, Monad and Robinhood Chain

Ethereum: 0.50% per trade plus network fees, which the same article says are passed through “due to higher on-chain costs”

What Does Each Chain Charge?

Sourced directly from help.fomo.family, checked 2026-08-20: Base, BNB Chain, Monad and Robinhood Chain charge 0.50%, and Ethereum charges 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%.

Select major tokens are charged 0.05% instead, with orders under 1,000 USDC paying a flat minimum of no more than 0.50 USDC.

The same page says fomo covers all gas fees, priority fees and token rent on every chain except Ethereum, so the fee above is close to your whole cost. That is fomo describing what it absorbs, not something we can see from outside.

fomo's buy panel with the fee shown in dollars before the order is confirmed, the figure this page breaks down
fomo's buy panel with the fee shown in dollars before the order is confirmed, the figure this page breaks down

Screenshot added to this site on 2026-08-09. The schedule above was last checked against fomo's help center on 2026-08-20, and the figure that binds your trade is the one 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.

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.

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.”

That is a fair thing for a contract to say and it leaves you in a specific position: the schedule below is a reading with a date on it, not a promise, and the only figure that binds your trade is the one on the confirmation screen.

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

Trade sizeFee paidEffective rate
$10$0.202.00%
$25$0.502.00%
$50$0.951.90%
$100$0.950.95%
$200$1.000.50%
$500$2.500.50%

Verified against help.fomo.family and fomo.family/terms, checked 2026-08-20.

The dollar and effective-rate columns are that help-center schedule worked out at each size, not figures quoted by fomo.

The fee column is one side of the trade, so double it for a buy and a later sell.

The $50 and $100 rows pay the same $0.95 because both sit inside the same flat band, which is why the effective rate nearly halves between them without the fee changing at all.

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 2026-08-20: signing up through a referral link brings your rate from 0.50% down to 0.45%, automatically, on every trade, 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.

fomo words it as taking the standard rate down and says nothing about the Solana bands, so on Solana we treat it as reaching your bill from 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.

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.

Frequently Asked Questions

Per fomo's fee page at help.fomo.family, checked 2026-08-20: 0.50% standard and 0.05% on select major tokens, with Solana priced in four bands by order size instead. Those bands are 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, and 0.50% from 190 USDC up. So a $10 Solana trade costs $0.20, an effective 2% rather than 0.50%.

Yes, on 2026-08-17. Until then fomo's Terms of Use stated "a minimum fee of $0.95 per transaction" with no order-size qualifier while the help center scoped a different minimum to Solana alone, and this site quoted both rather than ruling between them. The Terms were rewritten on that date and now state no fee figure at all beyond perps: the fee "depends on factors including the size and type of the transaction, the token involved, and how the transaction is routed" and "is displayed before you confirm the transaction." The live schedule now sits only in the help center, and fomo reserves the right to change it at any time.

Not tied to your volume. fomo's Solana schedule does vary by the size of the individual order, but that is a per-trade band rather than a loyalty ladder, and we found nothing in the help center or Terms of Service on 2026-08-20 that lowers your rate as your cumulative volume grows. The only discount documented is the 10% referral discount, applied permanently at signup.

0.05% per trade, charged on both opening and closing a position, per fomo's help center. That sits on top of what the settling venue charges, and for the crypto perps that venue is Hyperliquid, whose published taker fee is roughly 0.045%. Add them and you are at about 0.095% per side, close to double the cost of going to Hyperliquid directly. It is the usual rate for apps routing this way rather than an outlier.

Per fomo's help center, checked 2026-08-20: a permanent 10% discount on trading fees, taking the standard rate from 0.50% to 0.45%, applied automatically to every trade. The same page says a code can only be added during signup and cannot be changed afterward. fomo documents the discount as taking that standard rate down, and says nothing about it touching the flat or 2% Solana bands, so on Solana it only reaches your bill from 190 USDC up.

On Solana, $0.20, an effective rate of 2%, because a $10 order falls in the band fomo charges 2% on. That is four times the 0.50% headline rate. At $50 the fee is a flat $0.95, or 1.90%, and at $100 it is the same $0.95, which works out at 0.95%. From 190 USDC up the 0.50% rate applies, and $500 costs $2.50. The rates come from fomo's help center, checked 2026-08-20; the dollar figures are that schedule worked out at each size.

fomo's help center, checked 2026-08-20, says fomo covers all gas fees, priority fees and token rent on Solana, Base, BNB Chain, Monad and Robinhood Chain, so you never pay them separately. Ethereum is the exception: the same article puts it at 0.50% per trade plus network fees, which are "passed through due to higher on-chain costs." All of this is fomo describing what it absorbs, and we have no visibility into the company's actual costs.

Want every line item, with sourcing on each one?

The full fee article breaks out the standard rate, the Solana minimum, the perps fee, and the DefiLlama math, labeling each number as Terms of Service, help center, or derived data.

Read fomo Fees Explained →

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