Fomo briefly tops Pump.fun on Solana daily revenue, DefiLlama data shows
The one-day flip came despite Pump.fun’s more than $57M 30-day lead versus Fomo’s $17.6M.
Start herePerpetual futures are non-expiring crypto derivatives that use trader-to-trader funding payments and strict liquidation rules to manage price tracking and solvency.

Spot makes you pay with capital and custody, dated futures price in basis to expiry, and perpetuals charge or pay a recurring funding rent.

Funding rates are timed transfers between longs and shorts that keep perpetual futures near spot and can warn when leverage is getting crowded.

Leverage lets a small margin deposit control a larger position, but it adds liquidation triggers and recurring funding costs on perpetual futures.

Liquidation starts when assets no longer cover debt plus interest at an exchange-defined threshold, forcing collateral sales and fees.

Open interest is a leverage inventory gauge, and it only becomes a usable signal when paired with price, volume, long/short ratios, and liquidation maps.
The one-day flip came despite Pump.fun’s more than $57M 30-day lead versus Fomo’s $17.6M.
The packet frames the move as a compliance-pathway question and provides no timeline, filings, or product terms.
The motion is a procedural attempt to end the court fight without a merits ruling on U.S.-listed crypto perps.
BTC returned 26% and ETH gained 34% in August 2026 as perps and funding became exchange table stakes.
Proceeds were rotated into ETH and SOL and sent to Kraken, LBank, and KuCoin as Trump touted a CFTC-led “fully compliant” pathway.
Funding jumped 42% on Binance under $80,000 while ETFs saw $201M+ in net outflows on Aug. 28.
CME bitcoin futures open interest rose to about 122,000 BTC as CryptoQuant flagged a rare hedge-fund net-long flip.
Traders are treating $83.3K as the pivot where spot support must replace leverage to sustain upside.
The White House remarks offered no approval, structure, or timeline for an onshore perps product.
Data showed 637 BTC of short liquidations on Monday, while spot demand and ETF flows were cited as the constraint.
Allium modeled liquidations on both sides if Unitree’s first print lands far from the $92–$94 perp level.
Robinhood Chain’s explorer flagged the posted contract as a scam as the post hit 175,000+ views in under 20 minutes.
TokenizeThis 2026 speakers framed GENIUS as a stablecoin green light and CLARITY as the bigger market-structure unlock.
On-chain data shows about 438.7M HYPE staked and derivatives open interest above $11B over the last 24 hours.
Onchain revenue and DEX volumes remain weak, leaving $2,100 dependent on risk-on follow-through and Alphabet earnings.
Perp volume, open interest, and weekly revenue all fell sharply as buybacks slowed and spot HYPE ETF flows went quiet.
The Nasdaq-listed firm gets Skew equity and a share of listing-service revenue tied to institutional market launches.
Pollak said Base’s onchain-social push failed and the network will refocus on trading, payments and AI agents.
CEO Stephen Gregory said the exchange is rebuilding after a two-year “hibernation” and is targeting a return to roughly 20% U.S. market share.
July 9 was the lone outflow day at -$52.08M as ETH tagged $1,748, while CoinGlass showed a 0.946 long/short ratio.