{"slug":"trading-platform-wars","title":"Trading terminal leaderboard: what GMGN, Axiom, Fomo and Terminal route and what they charge","subtitle":"Routed volume, fee revenue and observed take rate per trading terminal, over one day, seven days or thirty, on one chain or across every chain.","category":"Trading","metric":"Daily volume","unit":"usd","status":"live","higherIsBetter":true,"filters":null,"value":151587000,"leader":{"name":"Fomo","slug":"fomo","value":151587000},"leaders":[{"name":"Fomo","slug":"fomo","value":151587000}],"rankings":[{"name":"Fomo","slug":"fomo","ms":{"p50":151587000,"p90":151587000,"p99":151587000,"mean":151587000},"successRate":100,"sampleSize":1330360},{"name":"Axiom","slug":"axiom","ms":{"p50":137199000,"p90":137199000,"p99":137199000,"mean":137199000},"successRate":100,"sampleSize":2105974},{"name":"GMGN","slug":"gmgn","ms":{"p50":69611700,"p90":69611700,"p99":69611700,"mean":69611700},"successRate":100,"sampleSize":817910},{"name":"pump.fun","slug":"pump-fun","ms":{"p50":39690700,"p90":39690700,"p99":39690700,"mean":39690700},"successRate":100,"sampleSize":973877},{"name":"Terminal","slug":"padre","ms":{"p50":20960500,"p90":20960500,"p99":20960500,"mean":20960500},"successRate":100,"sampleSize":282010},{"name":"Trojan","slug":"trojan","ms":{"p50":3349810,"p90":3349810,"p99":3349810,"mean":3349810},"successRate":100,"sampleSize":58427},{"name":"Photon","slug":"photon","ms":{"p50":1315670,"p90":1315670,"p99":1315670,"mean":1315670},"successRate":100,"sampleSize":18177}],"sparkline":[151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000,151587000],"sampleSize":5641395,"asOf":"2026-10-08T02:14:50.507Z","freshness":{"asOf":"2026-10-08T02:14:50.507Z","ageHours":0.2,"stale":false},"measured":7,"ranked":7,"headline":"Fomo leads daily volume at $151.59M (24h) across 7 ranked terminals.","quote":"Fomo leads daily volume at $151.59M (24h) across 7 ranked terminals. Source: OpenChainBench (https://openchainbench.com/benchmarks/trading-platform-wars).","cite":{"plain":"OpenChainBench. \"Trading terminal leaderboard: what GMGN, Axiom, Fomo and Terminal route and what they charge\". Retrieved 2026-10-08. https://openchainbench.com/benchmarks/trading-platform-wars","bibtex":"@misc{ocb_trading_platform_wars,\n  author = {OpenChainBench},\n  title  = {Trading terminal leaderboard: what GMGN, Axiom, Fomo and Terminal route and what they charge},\n  year   = {2026},\n  url    = {https://openchainbench.com/benchmarks/trading-platform-wars},\n  note   = {Retrieved 2026-10-08}\n}","apa":"OpenChainBench. (2026). Trading terminal leaderboard: what GMGN, Axiom, Fomo and Terminal route and what they charge. Retrieved October 8, 2026, from https://openchainbench.com/benchmarks/trading-platform-wars","ris":"TY  - GEN\r\nAU  - OpenChainBench\r\nTI  - Trading terminal leaderboard: what GMGN, Axiom, Fomo and Terminal route and what they charge\r\nPY  - 2026\r\nUR  - https://openchainbench.com/benchmarks/trading-platform-wars\r\nY2  - 2026-10-08\r\nER  - \r\n"},"pageUrl":"https://openchainbench.com/benchmarks/trading-platform-wars","ogImage":"https://openchainbench.com/api/og/trading-platform-wars","source":"https://github.com/ChainBench/OpenChainBench/tree/dev/harnesses/terminal-activity","methodology":["Source: the public tehcscreener API (https://tehcscreener.com/api), Allium-backed, no key, synced once a day. The single source behind every bench on the /trading-apps hub, so no two columns on one page can disagree about the same product.","Volume: what the terminal routed through its own interface on the selected chain, or summed across every chain on the all-chains tab. Not volume on the tokens it trades, which is bench 200.","Fee revenue: what this source reports as fees. It is demonstrably more than the terminal's own commission, measured against published fee schedules: Trojan advertises 0.9% and this source reads 1.12%. The exact composition is not documented by the source.","Windows are sums over days, never averages of daily rates. Volume, fees and transactions add over days the same way they add over chains, and the take rate built on them is volume-weighted by construction: total fees over the volume of the days whose fees could be measured.","A day a platform reports exactly zero fees while charging on another day or chain is treated as a gap, not a price, and leaves the ratio entirely, numerator and denominator together. A platform reporting nothing anywhere is uniformly free and keeps a real zero.","Single source by decision, and this is what it costs: nothing here is cross-checked against a second indexer. On 2026-10-07 this source read pump.fun 2.2x above DeFiLlama on app volume and 3.7x above both DeFiLlama and Mobula on launchpad volume, while agreeing with DeFiLlama within 30% on six other platforms. The figures published are this source's.","Latest complete day: the source publishes daily and its latest day is normally yesterday. A terminal with no activity on the selected chain reads unresponsive rather than carrying its last live day forward."],"license":"CC-BY-4.0"}