DApp Store

All chains arrowright

All chains

Manta

zkSync Era

Base

Linea

Chiliz

ETH

BSC

Polygon

Sei

Sei V2

Plume

Fuel

World Chain

Sonic

Katana

Hyper EVM

Monad Testnet

Monad

APChain

ENI

Mova

Sahara AI Testnet

Plasma Testnet

Lens

Babylon Genesis

Hemi Network

svmBNB

Abstract Mainnet

Soneium

Berachain

Story Mainnet

Matchain

Arbitrum

Optimism

Bitcoin

Bitcoin Testnet

Bitcoin Signet

ZetaChain Mainnet

Zeta Evm Testnet

opBNB

Scroll

Core

Mantle

Sui

TRON

Solana

Aptos

Movement Testnet

SOON Devnet

SOON Mainnet

Fantom

Starknet old

Starknetv2

Nautilus

Polygon zkEVM

Avalanche-C

Celo

Heco

OKC Chain

KLAY

Cronos

WAX

Gnosis Chain

EOS

Terra Classic

NEAR Protocol

Harmony

Aurora

KCC Chain

Boba Network

Fuse

KardiaChain

IOST

ClassZZ

Caduceus

TRUE

Velas

smartBCH

Vision

Cosmos

TomoChain

Findora

GateChain

BitTorrent

Callisto Mainnet

Meter Mainnet

HALO

Yotta

IoTeX

Kava

BRISE

Telos

DogeChain

zkSync

PEGO

Fsc Scan

ThunderCore

Conflux eSpace

Shardeum Liberty 2.X

Ethereum Classic

Berachain Artio

Artio Testnet (Berachain)

Morph Testnet

Morph Holesky

Morph

Lumia

Merlin Chain

Sonic Testnet

Osmosis

Nillion Testnet

XION

Babylon Testnet

zkfair

Blast

Degen

Bitlayer

Taiko

Celestia

Saga

Mode

Ton

Coreum

BOB

Aleph Zero EVM

MEGA Testnet

Stellar

Kite Testnet

X Layer

Ethereum Sepolia

Noble

Stable Testnet

0G Mainnet

Stable

Plasma Mainnet

Ink

JuChain

Morph Hoodi

Pharos Testnet

PopChain

Fogo

Fogo is a SVM L1 with mission to deliver the best latency and bandwidth Firedancer promises for a real-time experience at scale.

What is Fogo?

Fogo is a high-performance Layer 1 blockchain built on the Solana Virtual Machine (SVM), designed to deliver real-time transaction processing and scalability. Utilizing the Firedancer validator client, Fogo achieves ultra-low latency with block times under 40ms and transaction throughput exceeding 54,000 TPS, surpassing networks like Ethereum and Solana. Its innovative architecture features a multi-local consensus mechanism, a curated validator set, and co-located nodes to minimize latency while maintaining decentralization, making it ideal for applications like on-chain leverage trading, automated market makers (AMMs), and prediction markets.

How Does Fogo Work?

Fogo operates by leveraging the Firedancer validator client to enhance blockchain performance, dramatically increasing transactions per second (TPS), reducing latency, and enhancing reliability. Its multi-local consensus mechanism involves a distributed set of validators colocated in different cities worldwide, activating during peak trading hours in specific regions. This dynamic colocation ensures network resilience by shifting consensus if certain nodes malfunction. Additionally, Fogo utilizes a curated and permissioned validator set to maintain high performance, incorporating features like gas-free transactions, colocated liquidity provider vaults, and MEV prevention.

What Makes Fogo Unique?

Fogo stands out due to its high performance, achieving sub-40ms block times and processing over 45,000 transactions per second, offering a trading experience comparable to traditional financial systems. Its institutional-grade infrastructure integrates features like native price feeds and an enshrined decentralized exchange (DEX), providing a robust platform tailored for institutional finance. The innovative multi-local consensus model with dynamic validator colocation ensures low latency and high throughput, optimizing the network for global trading activities.

Who Are the Founders of Fogo?

Fogo was co-founded by Robert Sagurton, formerly with Jump Crypto, JPMorgan, Morgan Stanley, and R3, bringing extensive experience from both traditional finance and blockchain sectors; Douglas Colkitt, founder of Crocodile Labs and Ambient Finance, with a strong background in decentralized finance and trading platforms; and Michael Cahill, serving as CEO, with experience as VP at Morgan Stanley and Jump Crypto, and leadership at Pyth Network, bringing expertise in both traditional finance and blockchain technology.

Latest News

What Key Events Have There Been for Fogo?

Significant milestones for Fogo include the launch of its Phase 0 testnet on March 31, 2025, marking a new precedent for blockchain performance; raising $5.5 million in a seed round led by Distributed Global and an additional $8 million via Cobie's Echo platform, totaling $13.5 million in funding; and the introduction of the Fogo Flames Program to engage the community, allowing users to earn 'Flames' points through various activities, potentially leading to future rewards.

Project Announcements

Fogo has announced the launch of its testnet, establishing new benchmarks in transaction speed and throughput within decentralized infrastructure. Specifically designed to support real-time financial applications, the blockchain aims to deliver a trading experience that rivals centralized platforms. The testnet launch follows a permissioned access model, currently restricted to selected developers and institutional partners, intended to assess network performance under real-world conditions while upholding the project's emphasis on reliability and benchmark testing.

Upcoming Events

Latest Airdrop

Fogo's airdrop campaign is centered around its Fogo Flames program, a points-based initiative designed to reward early adopters and active participants in its ecosystem ahead of the mainnet launch in Q2 2025. While Fogo has not officially confirmed a token airdrop, the Flames program is widely speculated to be a precursor to token distribution, following the model of projects like Solana and Aptos.

ICO Time

Fogo raised $8 million through an Initial Coin Offering (ICO) on the Echo platform, a community fundraising initiative led by crypto trader Jordan Fish (Cobie). This ICO, structured as a Simple Agreement for Future Tokens (SAFT) at a $100 million fully diluted token valuation, saw contributions from four Echo groups: The Echonomist ($6 million), 4 Ventures by CMS Holdings ($1 million), Big Brain Collective ($500,000), and Patrons ($500,000), with over 3,000 angel investors participating in under two hours.

Projects Announcements

Where to Buy Fogo?

Fogo Price

Daily Trading Volume

All-Time High

All-Time Low

Market Cap and Valuation

Market Cap

Fully Diluted Valuation

Fogo Price Prediction

As of now, there are no available forecasts from reliable experts or publications regarding Fogo's price prediction.

FAQ

What is the Purpose of Fogo?

How Can I Participate in Fogo's Ecosystem?

What Sets Fogo Apart from Competitors?

Is Fogo Secure?

What are the Risks Associated with Fogo?

Community Sentiment

24.66K Votes

50% 50%

Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.