Fomo’s weekly revenue falls 59% to $3.96 million after five straight weekly declines

The Solana-based social trading app is still earning more than it did two months ago, but the summer surge has clearly cooled Fomo, the self-custodial social trading app built on Solana , has posted five consecutive weeks of falling revenue. Weekly protocol revenue now sits at $3.96 million, down 59% from a peak of $9.59 million. That is a steep slide for an app that spent the summer setting records. It is also, for perspective, still a bigger number than Fomo was putting up two months ago.