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FOMO is a cross-chain trading application that allows users to trade across chains using a single account. Purchase any asset with a single click. No new wallet, no bridging, and no gas fees required.
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Meme launchpad's new king? FOMO's annualized revenue jumps to $215 million, entering the top 10 highest-earning crypto applications
Odaily News According to BlockWorks researcher Carlos's post on platform X, FOMO recently set a single-day net revenue record of $588,000, which equates to an annualized revenue of $215 million. As a result, it has now entered the top 10 applications in the cryptocurrency space by revenue.Previously reported, Pump.fun was exposed to be paying FOMO users a fixed monthly reward of $30,000 to migrate to its application.
Bitcoin and Ethereum options with a notional value of $9.87 billion are set to expire on April 24th.
Odaily Odaily News: Greeks.live macro researcher Adam posted on X platform, disclosing the options delivery data for April 24th:1. 109,000 BTC options expired, with a Put Call Ratio of 0.93, a max pain point of $72,000, and a notional value of $8.55 billion.2. 563,000 ETH options expired, with a Put Call Ratio of 0.72, a max pain point of $2,200, and a notional value of $1.32 billion.The market continued to rebound this week, with Bitcoin breaking above $78,000. The Hong Kong Web3 conference was also filled with an upbeat atmosphere, and the altcoin market is recovering as well. This is a monthly expiry, with 25% of options set to expire. In terms of holding periods, the distribution of open interest in the options market shows 12% for the end of May and 24% for the end of June.Looking at the main options data, Bitcoin's key tenor IV continued to decline this month, with most tenor IVs falling by 1% to 2% to below 40%. ETH's main tenor IV dropped even more, currently around 60%. Despite the price increase, Skew has declined, and there is no FOMO sentiment in the market.In the second quarter of this year, Bitcoin's performance in both price and market sentiment was significantly better than in the first quarter. This month's sustained rebound is a sign of capital inflow. If macro pressure bottoms out by mid-year, Bitcoin's bottom will also be confirmed.