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FOMO Perpetual Futures Volume Tops $171 Million, Outpacing Token Trades

Token trading generated $185,000 in fees, more than double the $76,000 from perpetual contracts.

A steel ring surrounds metal tokens beside copper fee discs / TokenPost.ai
A steel ring surrounds metal tokens beside copper fee discs / TokenPost.ai

FOMO’s perpetual futures handled more than $171 million in trading on Nov. 14, roughly 4.5 times its token volume, while generating less than half as much in fees.

Trading in meme and other tokens totaled $37.4 million that day. It generated $185,000 in fees, compared with $76,000 from perpetual futures trading.

FOMO’s perpetual contracts run through Hyperliquid. FOMO charges fees of up to 0.05% on trades to open or close positions.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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