Fomo (fomo.family)
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·29GK34…KWnLSummary
Fomo (fomo.family) is a consumer social crypto trading app developed by FOMO Labs, Inc. of San Francisco, co-founded by former dYdX employees Paul Erlanger and Se Yong Park. Launched in May 2025 and backed by $19 million in funding led by Benchmark Capital, the platform operates on Solana, Base, and BNB Chain with a non-custodial wallet architecture. The platform is explicitly unregulated, has no publicly disclosed security audits, charges flat per-trade fees that disadvantage small traders, and has spawned at least one active phishing/wallet-drainer scam site impersonating its brand.
Connected Entities
1 entitiesTimeline(5 events)
18 February 2025
Fomo (fomo.family) closes $2 million pre-seed round with over 140 angel investors including Raj Gokal, Marc Boiron, and Balaji Srinivasan.
CryptoRankJune 2025
Apple Pay support added approximately one month after launch, described by founders as accelerating revenue to $150,000 per week and $3 million in daily volume.
TechCrunch6 November 2025
Benchmark Capital leads $17 million Series A in FOMO Labs, Inc., bringing total funding to $19 million. Benchmark partner Chetan Puttagunta joins the board.
TechCrunch2025
PCRisk documents and publishes analysis of the 'claim-fomo[.]family' phishing/wallet-drainer site impersonating the official Fomo platform. Exact date of publication not specified; listed as discovered prior to investigation.
PCRiskDecision Log
- hash: 82WNYDgenCW9GPvnPs1XhsyZ4Ax2nRkUD5ZcxE2NB5BU
- hash: FSJutPQtkBEKqYkftNHoUF9XMQDuZjZnQSzfVT47yGYC
- hash: 25kiMsYhZfvMd4k78QKyT9q655eBgWCvu6HWuMvut2RT
This investigation is cryptographically anchored to the Solana blockchain (3 events). 14 of 14 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 4/30/2026, 8:28:54 PM
last updated: 7/24/2026, 4:01:47 PM
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