COPY is the utility token of copyfomo, a non-custodial copy-trading bot for the FOMO app leaderboard. copyfomo runs as a Telegram bot: a user picks a trader from the public FOMO leaderboard, sets a ticket size (a flat amount per trade or a share of the trader's size, with a cap), and the bot mirrors that trader's on-chain entries and exits into the user's own wallet, typically within about one second of the original fill.

Both buys and sells are copied, and the slippage of each copied trade is shown to the user. Funds stay in a wallet controlled by the user through a trading allowance that can be revoked at any time; copyfomo cannot withdraw. The bot operates across Robinhood Chain, Base, BNB Chain, Solana, Ethereum, Arbitrum and Polygon.

COPY holders who keep the token in their copyfomo wallet receive a share of the bot's fee revenue, paid out in $ every six hours.