FOMO Ranks Second in Hyperliquid Builder Fees With $320K in 7 Days

The ranking is the real signal here: a builder-fee leaderboard is an adoption proxy, and slotting behind Phantom suggests FOMO is capturing retail flow rather than mercenary volume. The notable detail is the disclosure itself — a researcher flagging that he had not previously promoted a referral link reads as an attempt to establish the figure's credibility independently of any incentive. Whether that fee pace holds once the incentive structure around Hyperliquid builders shifts is the open question worth watching.