Pump.fun Expands to Monad; Flips FOMO in Active Traders
Pump.fun launched on Monad blockchain, enabling cross-chain token purchases directly from USDC. Separately, Pump.fun's app has now overtaken FOMO in active trader count — a 3-month swing from 4x disadvantage to a lead.
What we know
Pump.fun officially launched on Monad, allowing users to buy any Monad token from their USDC balance without bridging, per both an account on X and the official Monad RT. On the competitive landscape, another account on X highlighted that as of October 23, Pump had 61,789 active traders versus FOMO's 55,377 — a dramatic reversal from July 31 when FOMO had 38,046 vs Pump's 9,204. FOMO perps also launched on web with $7.2B in volume since June across 290+ markets.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.