CA - 4Zu4zbJNmSFmUAGVuVsH4nV8qZ3LHWvC8Qq8G3aEpump
Ticker - $FOMOPERPS
This is only official token of @TryFomoPerps
Fomo Perps turns the https://t.co/yiGMhvtpvD Traders / leaderboard into a tradable market. Instead of simply watching top traders compete on P&L, users can take leveraged long or short positions on their performance. If you believe a trader will continue climbing, you can long them; if you think their performance is about to reverse, you can short them. FOMO Perps combines real-time trader performance, social trading, and perpetual leverage into a completely new market primitive
Have you tried opening a position on fomo Perps yet?
Open a long or short on a trader, watch your P&L move in real time, and see how your thesis plays out.
If you've already traded one, drop a screenshot of your position below.
Imagine opening a perpetual position, but instead of longing SOL or shorting BTC, you're taking a position on a trader. You think their P&L is going higher? Long. Think they're about to give it back? Short. FOMO Perps makes the trader the underlying. One trader. Two sides. One market.
Traders have always been the most overlooked part of the market. Everyone talks about the tokens they trade, but almost nobody treats the trader themselves as an asset worth watching. FOMO Perps changes that. The leaderboard isn't just somewhere to see who's winning anymore it's where new markets are being created.
Running perps isn't as simple as putting up a long and short button. Fomo Perps has an entire system running underneath it liquidity sits in a pool, positions are opened against that liquidity, and when traders win, payouts come from the pool. When traders lose, those funds flow back into the pool. We're building the infrastructure behind the market, not just the interface.
We want to clarify about 5x leverage from the start.
Short positions at 5x leverage weren’t supported at launch, but we’ve now added them with up to 5x leverage.
We’re also working toward 10x leverage as liquidity grows.s.
Leverage Update
Short positions on fomo Perps now support up to 5x leverage.
Think a trader’s performance is about to fall?
Short it with more capital efficiency.
Leverage Update
Short positions on fomo Perps now support up to 5x leverage.
Think a trader’s performance is about to fall?
Short it with more capital efficiency.
Position section updated.
You can now manage your positions directly from the position tab making it easier to track and manage everything in one place.
More updates coming.
@DegenCapitalLLC Appreciate it. Early support from some of the top fomo wallets means a lot.
Still very early
we’re focused on building and bringing more traders to the platform.
Why did we build fomo perps?
Trading has always been focused on tokens, crypto, stocks, and other assets.
But what about the traders who actually move the market?
People already watch their P&L, follow their trades, and track their leaderboard positions yet you couldn't trade the trader themselves.
We thought that should change.
So we built fomo perps.
Now, instead of only trading the assets, you can trade the performance of the traders behind them.
Trade the traders.
Our priority right now is simple: list more and more traders from the Fomo leaderboards.
Next target: 50 traders listed on Fomo Perps.
We’re actively working on it.
We’re currently working on expanding the trader list and bringing more Fomo leaderboard traders to fomo Perps.
More traders. More markets. More opportunities to trade the performance you believe in.
Trade the traders.