Fomo became the largest on-chain trading terminal by volume, averaging about $350 million in daily transactions over the past week and holding roughly 40% of the market. Total daily volume across trading terminals rose to $931 million from $73 million in June. On Sept. 8, the market recorded about $895 million in volume, with Fomo at $358 million, GMGN at $292 million, Axiom at $92 million and other terminals at $153 million. Fomo, GMGN and Axiom together accounted for more than 80% of total volume that day, based on data from Dune analyst @adam_tehc cited by Castle Labs.