$FOGO (FOGO) is a cutting-edge, high-performance Layer 1 blockchain that launched in January 2026, designed to revolutionize decentralized trading. By leveraging the Solana Virtual Machine (SVM) and Firedancer client, Fogo achieves an impressive ~40-millisecond block time, bridging the gap between centralized and decentralized exchange performance ¹.
*Key Features:*
- *Technology & Performance*: Fogo's vertically integrated stack includes native price feeds and an enshrined limit order book, enabling low latency, high throughput, and near-instant finality. - *Token Utility*: The $FOGO token is used for network gas fees, securing the network through staking/delegation, and voting on protocol upgrades. - *Ecosystem & Trading*: Fogo supports high-frequency trading (HFT) and decentralized exchanges (DEXs), featuring a "Fogo Flames" reward system for users ² ³ ⁴.
With its mainnet running stably for over a month, Fogo is poised to make a significant impact in the DeFi space, offering a seamless experience for developers and users alike.
Want to know more about Fogo's potential impact on the DeFi ecosystem or its comparison to other high-performance blockchains like Solana?