toobit
Buy crypto
Buy cryptoThe fastest path to your first trade
P2P tradingTrade at the best prices with multiple local payment options
Bank cardPay with Visa or Mastercard
Third-partyPay via MoonPay, Advcash, Simplex, and more
DepositTransfer from another wallet
Markets
OpportunitiesTrack market sentiment and top movers
OverviewReal-time prices for all trading pairs
Futures
USDT-M PerpetualContracts settled in USDT
USDC-M PerpetualContracts settled in USDC
Event ContractsTrade on the outcome of market events
Prediction MarketTurn insights into value
Lite PerpetualSimple contracts made for easy trading
Demo TradingPractice trading in a risk-free environment
Trading BotsAutomated grid and DCA strategies
TradFi
Trade
SpotBuy and sell cryptocurrencies
DEX +Trade popular on-chain Web3 tokens in seconds
LaunchpadAccess early-stage token listings
ConvertZero-fee instant asset swaps
API TradingAutomate trading strategies with custom scripts and apps
Toobit SynapseMarket insights driven by AI analysis
Toobit x TradingViewTrade directly from TradingView charts
Agent Trade KitEquip AI agents with trading and account skills
Rewards
Copy
Follow Lead TradersCopy trades from top-performing profiles
Be a Lead TraderShare your trades and earn commissions
More
Finance
EarnPut your idle assets to work
Partnerships
Broker ProgramMonetize API volume and trading infrastructure
Ambassador ProgramRepresent the exchange and earn monthly incentives
Toobit x Nova.MemeLaunch and trade memecoins with instant liquidity
Learn
AcademyTechnical analysis and crypto trading guides
Support CenterSelf-service help and 24/7 technical assistance
Announcement CenterLatest listings, campaigns, and official product news
NewsBreaking crypto news and market moves
BlogMarket insights and exchange updates
Explore
Toobit VIP ProgramEnjoy fee discounts and many exclusive rewards.
InsightsStay updated on the latest crypto news
Toobit CommunityConnect with The Hive, our global community of traders
3 years togetherCelebrate our journey and the community that built it
About usThe story behind the award-winning exchange
Suggestions & FeedbackShare your ideas to improve the exchange
Proof of ReservesTrust built on 100% reserves
Log in
Sign up
🔥BTC/USDT
Scan to download
iOS or Android version app
More download options

Vector reaches 1 billion in on-chain volume

2026-08-27 07:20

Vector, the on-chain social trading app built around real-time feeds and one-tap execution, reached more than $20 million in peak daily trading volume and roughly $1 billion in cumulative volume before its sale at the end of 2025, according to its founder. The company’s trajectory shows how quickly attention-driven trading products can scale during meme coin booms—and how difficult it can be to keep a broad retail audience engaged once speculative activity cools.

The founder said Vector’s daily volume rose from about $1 million shortly after its late-November 2024 launch to more than $20 million by late January 2025. That surge coincided with the release of Trump-themed meme coins, which drove a burst of on-chain activity and gave social trading apps a steady flow of charts, trade signals, and rapidly moving assets to display.

Vector was acquired by Coinbase at the end of 2025, the founder said. The account did not disclose the purchase price or the terms of the transaction.

a social feed built around execution

Vector’s central product idea was to make trading feel closer to browsing a social platform. Instead of opening to a conventional market screen, users saw a feed of real-time charts with buy and sell activity overlaid directly on price movements. User avatars were attached to those markers, allowing viewers to connect a trade with an identifiable account and react quickly.

The intended path was short: a user could see a trade, assess the chart, and place an order within seconds. The team’s longer-term goal was to reduce that interval toward milliseconds, reflecting the speed at which meme coin liquidity and online attention can shift.

The founder traced the concept to earlier work in Solana NFT markets through Tensor. During its strongest period, Tensor held more than 80% of its market segment and processed billions of dollars in trading volume, according to the founder. That experience suggested that visible trading behavior, rankings, and activity feeds could become part of the product rather than merely a source of market data.

Vector initially explored that model in the NFT market before moving toward meme coins. The team viewed meme coins as a practical entry point for social trading because their prices are often driven by fast-moving narratives, community activity, and public signals rather than slower fundamental analysis.

retention held up during the growth phase

The app’s early growth was accompanied by retention levels that would be strong for a consumer trading product, though the figures were recalled from memory rather than presented as audited data. The founder estimated that 60% to 70% of users remained active after seven days, while 40% to 50% remained after 30 days.

Vector reached that scale with fewer than 25 employees, according to the founder. A small team can move quickly during an emerging market cycle, but it also faces difficult product choices when user behavior changes. In Vector’s case, the user base increasingly split between casual users drawn by viral token launches and a smaller group of highly active traders generating most of the activity.

As meme coin trading slowed, approximately 5% of Vector users accounted for about 95% of volume, the founder said. That concentration altered the company’s product priorities. The team began building for professional traders who needed deeper data, larger workspaces, and more sophisticated execution tools than a mobile-first social feed could provide.

A desktop product was developed for multi-screen and high-frequency trading workflows, but it was never publicly released. The shift illustrated a recurring tension in on-chain trading products: the audience that creates the most visible social activity is not always the audience producing most of the revenue-generating volume.

fomo targets audiences beyond crypto-native circles

The founder described rival app fomo as taking a different route to growth. Rather than relying primarily on crypto-native social networks, fomo sought users through mainstream platforms including TikTok and Instagram, reaching people who had not previously traded on-chain assets.

That approach required a product designed for first-time users, particularly people unfamiliar with wallets, token discovery, transaction signing, and the speed of decentralized markets. The founder said fomo combined those acquisition channels with simpler onboarding and later expanded beyond meme coins into perpetual futures.

Fomo has reported daily trading volume above $100 million, according to the founder’s account. Index Ventures led a $75 million funding round for the company in late July 2026, and fomo had surpassed $4 billion in cumulative user volume by that point, according to the supplied information.

Its move into perpetuals places it in a more demanding market than meme coin spot trading. Perpetual futures allow traders to take leveraged long or short positions without an expiry date, creating demand for clearer risk controls, deeper liquidity, and more robust market data. A social interface can help users discover trades, but it also raises the stakes when inexperienced users encounter leverage.

The rise of these products has divided on-chain trading design into two increasingly distinct tracks. Casual users want simple mobile access, rapid discovery, and familiar social interfaces. Heavy users are more likely to require desktop layouts, advanced charting, order management, and execution tools built for continuous monitoring.

Vector’s rise and eventual sale show that social trading can generate substantial volume during periods of intense retail attention. Its later pivot also suggests that sustaining the model depends less on reproducing a social feed than on deciding which users the product is ultimately built to serve.


Curious about social trading’s next evolution? Explore AI copy trading to automate strategies and follow top on-chain performers.

Disclaimer: The content on this page is provided for general informational purposes only and does not represent the views or financial advice of Toobit. We make no guarantees regarding the accuracy or completeness of this information and shall not be held liable for any errors, omissions, or outcomes resulting from its use. Investing in digital assets involves risk; users should independently evaluate their financial situation and the risks involved. For further details, please consult our Terms of Service and Risk Disclosure.

About
About us
Terms of Use
Privacy Policy
Risk disclosure
Toobit Community
Announcement Center
Security solutions
Toobit Shield
Proof of Reserves
Services
Trade
Futures
Copy
Affiliate Program
API
Listing application
Bug bounty
Support
Support Center
Academy
Referral
Fee rate policy
Official verification
Network monitoring
Suggestions & Feedback
Buy crypto
Buy Bitcoin
Buy Ethereum
Buy Dogecoin
Buy TON
Buy SOL
Buy XRP
Contact
Customer Support
support@toobit.com
Business
listing@toobit.com
Overview
market@toobit.com
Legal
legal@toobit.com
Apps
Google Play
App Store
Android APK
Community
TwitterMediumYoutubeDiscordRedditFacebookCoinMarketCapCoinCodexCoinGeckoLinkedinQuoraThreads
Download app
Warning

© 2026 Toobit.com. All rights reserved.