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DeFi

FOMO Launches In-House Bridge Promising Sub-Second Swaps

Social cryptocurrency trading app FOMO has launched a proprietary cross-chain bridge and router, claiming transaction times under one second to challenge rival Pump.fun.

FOMO Launches In-House Bridge Promising Sub-Second Swaps
Image: BullishMarketCap

Social cryptocurrency trading application FOMO has rolled out an in-house cross-chain bridge and trading router, claiming transactions now execute in under one second. The public release follows approximately one week of testing with a limited user group and comes a day after rival platform Pump.fun introduced its own bridge infrastructure.

FOMO previously relied on third-party bridging providers, including Relay, to facilitate transfers across supported blockchains. With the new integration, the platform maintains direct control over pricing, indexing, bridging, and trade routing. Co-founder Se Yong Park stated that the company developed the infrastructure after observing heavy trading activity on Robinhood Chain, where FOMO previously represented more than 50% of active wallets.

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Performance Claims and Rivalry

According to FOMO, the internal routing and bridge system can execute trades up to 50% faster than competing platforms during volatile market periods. The firm reported that average execution prices improved by 0.5%, with price improvements exceeding 2% among the worst-performing 10% of trades. FOMO engineering contributor Sacha highlighted a Dune analytics dashboard tracking latency across Solana, Robinhood Chain, Base, and BNB Chain.

The launch directly challenges Pump.fun, which recently debuted Pump Bridge as its default routing service to replace Relay. During testing from September 28 to October 7 across more than 400,000 trades, Pump.fun recorded average purchase times of 1.95 seconds and a 0.9% error rate. However, neither platform has published an independently audited comparison evaluating transaction speed, liquidity depth, or bridge security under identical conditions.

Key facts

  • FOMO launched an in-house bridge and router after a one-week limited testing phase.
  • The company claims transactions execute in under one second, improving execution prices by an average of 0.5%.
  • Pump.fun recently launched its competing Pump Bridge, clocking average purchase times of 1.95 seconds across 400,000 test trades.
  • Neither entity has disclosed destination-chain liquidity providers or public security audits for the new infrastructure.
  • FOMO was valued at $550 million following a $75 million funding round in June.
#DeFi#CryptoTrading#CrossChain

Source: crypto.news

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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