Fogo was created with a simple intention: make on-chain trading feel effortless. Instead of forcing users to deal with the usual hidden taxes like slow confirmations, rising gas costs or bots cutting the line, the network removes these obstacles at the core. This creates a smooth and responsive environment that feels comfortable for newcomers while still delivering the speed and reliability that advanced users expect.
What is Fogo?
Fogo is a Layer 1 built for high-speed DeFi. It borrows Solana’s architecture and uses multi-local consensus to push latency down to the bare minimum. The Fogo client is built on Firedancer, keeping full compatibility with the Solana Virtual Machine.
With this performance profile, Fogo enables use cases that most chains struggle to handle, including:
- Fully onchain order books with high throughput.
- Real-time auctions without lag.
- Precision-timed liquidations.
- Reduced surface area for MEV extraction.
How Fogo works?
Fogo processes transactions through the SVM engine, delivering fast execution while combining it with a multi-local consensus approach that lowers latency across validator zones. The chain is built to serve complex DeFi workloads such as real-time auctions, accurate liquidation systems, and on-chain order books, areas where many Layer 1 networks fall short.
The network removes unnecessary friction like gas fees (supported through gasless dApps), redundant clicks, and slow confirmation times. Validators are hosted in high-performance infrastructure centers to ensure uptime and stability, while developers can deploy permissionlessly without additional approvals.
Fogo also introduces Fogo Sessions, a gasless, wallet-agnostic, security-first interaction layer that allows users to operate easily within its DeFi ecosystem.
$FOGO Token Information
$FOGO Key Metrics
- Token Name: Fogo
- Ticker: $FOGO
- Type: Utility and Network Token
- Total Supply: 10,000,000,000 $FOGO
- Contract Address: TBA
$FOGO Use Cases
- Network Gas: Native token used for all transaction fees.
- Gas Sponsorship: dApps can cover gas to create gasless user experiences.
- Staking: Secures the network and provides native yield to stakers.
- Value Accrual (Fogo Flywheel): Revenue-sharing from Foundation-backed projects flows back to the ecosystem.
$FOGO Listing Details
- TGE Date: TBA
- CEX Listings: TBA
- Pre-market Price (Whales Market): TBA
$FOGO Tokenomics and Fundraising
Tokenomics
Allocation:
- Community Ownership: 11.25%
- Institutional Investors: 8.77%
- Core Contributors: 34%
- Foundation: 30.38%
- Advisors: 7%
- Airdrop & Launch: 6.6%
- Burned: 2%
Fundraising
Fogo has raised $33.5M across multiple rounds:
- Seed Round (01/2025): $5.5M at a $100M FDV. Lead investor: Distributed Global. Participant: CMS Holdings.
- ICO / Echo Round (24/01/2025): $8M raised through Echo, completed in under two hours with over 3,000 angel investors.
- Presale (17/12/2025): Target: $20M, selling 2% of total supply (200M $FOGO) at $0.10 per token.
Roadmap & Team
Team
- Robert Sagurton - Co-founder
Roadmap
A detailed roadmap has not yet been published. Updates will be provided once the project releases official information.
Conclusion
Fogo represents a meaningful step forward in high-performance blockchain infrastructure, aiming to bridge the gap between traditional finance and decentralized systems. With block times under 40ms, exceptional throughput, and a gasless trading experience powered by Fogo Sessions, the platform is positioned to deliver one of the strongest on-chain trading environments available today.
FAQs
Q1. Why is Fogo suitable for high-speed DeFi applications?
Thanks to optimized SVM execution and multi-local consensus, the network achieves extremely low latency while processing large transaction volumes without congestion.
Q2. What sets Fogo apart from other Layer 1 networks?
Firedancer is the standard client, enabling gasless interactions, minimized MEV exposure, and a more balanced environment for builders and traders.
Q3. Who can stake $FOGO and what do stakers gain?
Any token holder can stake to help secure the network and earn native yield generated through network activity.
Q4. How do developers benefit when building on Fogo?
Permissionless deployment, proximity to high-performance validators, low fees, and support for Fogo Sessions create a smoother development and user experience.
Q5. What is the current price of $FOGO?
$FOGO has not been officially launched. Pre-market pricing will appear on Whales Market once trading opens for pre-TGE activity.
Q6. How can users trade $FOGO before official listing?
Users can trade $FOGO pre-TGE on Whales Market through collateral-backed orders, enabling secure, transparent pre-market trading.