FOMO

FOMO is a social crypto trading platform that turns on-chain trading into a social experience. The app displays a live feed of what traders in a user's network are buying and selling, an aggregated leaderboard ranking traders by 24-hour, 7-day, and 30-day profitability, and the ability to execute identical positions within seconds of spotting a trade. Non-custodial by design, FOMO lists more assets than Coinbase, operates across multiple blockchains without requiring users to manually manage bridges or gas fees, and enables onboarding via Apple Pay. Since launching in May 2025, the platform has onboarded over 625,000 users, processed over $4 billion in trading volume, and generated more than 110 million social interactions—with 68,000+ users purchasing crypto for the first time through the app. Founded in 2025 by Paul Erlanger, Se Yong Park, and Prashan Dharmasena, all veterans of dYdX, the company raised a $75M Series B at a $550M valuation led by Index Ventures and Union Square Ventures.