Over the past 90 days, only 6.16% of FOMO traders made a profit, with a median loss of $120 and total cumulative losses reaching $1.26 billion. According to data queried by analysts on Dune, out of 292,531 wallets trading on the FOMO platform in the past 90 days, only 18,033 wallets were profitable, representing just 6.16%. The median trader lost approximately $120, and the overall group incurred cumulative losses of $1.26 billion. Among the 6% of profitable traders, 88% earned less than $100. Only 25 wallets (0.0085%) made profits exceeding $10,000. In comparison, gambling platform Rainbet had a user profitability rate of approximately 37% during the same period (with a 1% rake). FOMO is a social trading app built on Solana that allows users to copy other traders and mirror their positions. The app has performed strongly recently, hitting a record weekly revenue of $1.57 million at the end of July and further increasing to $2.64 million in early August, briefly surpassing Jupiter and Phantom in 24-hour revenue. FOMO completed a $75 million Series B funding round in June 2026, with a valuation of $550 million.