01
FOMO transaction fee
Current terms list 0.05% per perpetual transaction.
Perpetuals · leveraged products
0.05% is
not the whole cost.
FOMO currently charges a 0.05% fee per perpetual transaction. Its terms say this sits on top of applicable third-party trading fees, gas fees and funding rate payments.
FOMO FEE0.05%
FUNDINGVariable
LEVERAGEAmplifies risk
Cost layers
Three numbers can hit one position.
02
Protocol costs
Third-party protocols may charge their own trading or gas fees.
03
Funding
Funding payments can change over time and can add cost while a leveraged position remains open.
Perpetuals are leveraged products. Leverage can magnify gains and losses and can lead to liquidation. FOMO states that perps are provided through third-party protocols and availability is restricted in some jurisdictions.
FOMO social layer
Perps inside the feed.
FOMO says perps integrate with its feed, leaderboards, theses, profiles, holder tracking and notifications. That social context can be useful, but it does not reduce leverage risk.
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LMP506
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