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Should I use Formo?

Analytics & attribution for DeFi apps — product analytics, wallet intelligence, onchain attribution. - formo.so

Depends. Buy if you run a DeFi or consumer crypto app and need wallet-level attribution across chains. Non-crypto products and pre-revenue teams should use cheaper generic analytics instead.

Confidence

Medium. Based on ~20 public sources; mostly official content, thin independent reviews.

Ratings

  • Value for money
  • Ease of use
  • Feature depth
  • Support qualityNo independent evidence found.
  • Security posture

Pricing

$199/mo billed yearly

Growth

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed
Scale$399/mo billed yearly

Best for

  • DeFi apps and protocols
  • Consumer crypto apps
  • Crypto growth and marketing teams
  • Multi-chain EVM projects

Not for

  • Non-crypto products — generic analytics is far cheaper
  • Pre-revenue teams avoiding $199/mo annual commitments
  • Non-EVM chains (support unclear)
  • Enterprises requiring independently audited vendors

Gotchas - check before you buy

medium

Growth and Scale tiers are billed yearly, so an annual commitment is required upfront.

medium

Scale tier jumps to $399/mo — costs double as usage grows.

medium

No public security audit or SOC2 evidence; only a marketing security page.

low

Homepage testimonials are self-published; run a trial before trusting growth claims.

Pros and cons

Pros

  • Wallet-level analytics and attribution across 40+ EVM-compatible chains.
  • Combines product analytics, attribution, and wallet intelligence in one dashboard.
  • Purpose-built for onchain data; users found generic tools clunky by comparison.
  • Testimonials call it straightforward and a strong fit for crypto startups.

Cons

  • Entry tier costs $199/mo billed yearly — steep for pre-revenue startups.
  • No independent review ratings found; testimonials are homepage-sourced.
  • Coverage centered on EVM chains; non-EVM support unclear.
  • Young vendor; public footprint only since 2024.

Sources & method

Analyzed 10/04/2026 - 10 sources - No known vulnerabilities found in the sources reviewed. Publishes a security page describing privacy-friendly practices; no independent audit evidence.

official x5review x2security x1news x2

Key stats

  • Value for money: 3/5

    Rating

  • $199/mo billed yearly

    Starting price

  • 10

    Sources

  • Analyzed

  • Value for money: 3/5. Fair for funded startups; steep for early teams.
  • Ease of use: 4/5. Testimonials call it straightforward versus generic tools.
  • Feature depth: 4/5. Analytics, attribution, wallet intelligence across 40+ chains.
  • Support quality. No independent evidence found.
  • Security posture: 3/5. Public security page; no independent audit evidence.
  • $199/mo Starting price Growth tier, billed yearly
  • 40+ Chain coverage EVM-compatible networks
  • ex-Chainlink Founder background Yos Riady, Singapore
  • 2024 Public since First vision blog Sept 2024

Pricing

Growth

$199/mo billed yearly

  • Product analytics
  • Attribution and wallet intelligence

Scale

$399/mo billed yearly

  • Higher usage limits for scaling teams

Security

No known vulnerabilities found in the sources reviewed.

Publishes a security page describing privacy-friendly practices; no independent audit evidence.

What users say

feedback is mostly self-published testimonials; no independent review-site ratings were found.

“Exactly what I was missing while leading growth in DeFi. Using other tools with onchain data was clunky for analytics, especially in web3.”
Formo homepage testimonial
“A strong fit for crypto startups. Formo is straightforward to use”
Formo homepage testimonial
Full analysis

Based on ~20 public sources; mostly official content, thin independent reviews.

Purpose-built onchain analytics for DeFi teams; skip if you're not in crypto. Entry pricing $199/mo billed yearly.

Methodology

Based on ~20 public sources; mostly official content, thin independent reviews.

Sources

  1. Formo homepageformo.so
    official
  2. Formo security pageformo.so
    security
  3. Aptabase vs Formo Analytics — DevHuntdevhunt.org
    review
  4. Best Web3 Analytics and Attribution Platforms — Paragraphparagraph.com
    official
  5. Top Web3 Analytics Companies for DeFi — Formo blogformo.so
    official
  6. Formo vision blogformo.so
    official
  7. Yos Riady (founder) on Xx.com
    official
  8. Formo Analytics on F6Sf6s.com
    review
  9. Formo on RootDatarootdata.com
    news
  10. Formo profile — StartupANZstartupanz.com
    news

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