Pump.fun Sets Perpetual Trader Record as FOMO Posts $334 Million in Volume

FOMO's perpetual contracts recorded $334 million in volume Thursday, Nov. 5, while Pump.fun's daily active trader count reached a record near 1,200. FOMO had nearly 4,000 active traders that day, about three times Pump.fun's total. Its $334 million in volume was about 13 times Pump.fun's $25.3 million. Daily active trader counts measure how many traders use a platform in a day, while volume measures the value traded. The figures show FOMO leading in perpetual volume as Pump.fun reached a trader-count high. FOMO's previous daily perpetual volume record was $414.9 million on Nov. 4, one day before the latest figures. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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