fomo is a social-first trading platform that enables users to discover assets, follow traders, share positions, and trade across blockchain ecosystems through a single account and balance. The product abstracts away wallets, chains, gas fees and routing, offers quick onboarding via familiar methods like Apple Pay, and provides public leaderboards with real-time PnL metrics. The platform emphasizes a creator ecosystem and social discovery, with several content creators gaining over 100,000 followers within a year of launch. Founded in 2025 by Paul Erlanger, Se Yong Park and Prashan Dharmesena—who previously worked together at dYdX and began their careers at Deutsche Bank—fomo launched publicly in 2025 and is headquartered in New York. As of the announcement, fomo has surpassed 600,000 users and more than $4 billion in trading volume. The company plans to expand into equities, perpetuals, and prediction markets while further developing its trading and social features.

Total raised

$94M

Funding rounds

3

Latest round

Series B

Latest activity

Jun 2026