#fogo $FOGO @Fogo Official 🔥 What Is Fogo (FOGO)?
Fogo is a high-performance Layer-1 blockchain built for ultra-fast on-chain trading and DeFi (decentralised finance). It runs on the Solana Virtual Machine (SVM), which makes it compatible with many Solana-based apps and tooling but aims to be significantly faster and smoother. �
CoinGecko +1
🧠 Key features:
Solana VM compatibility – developers can port projects easily. �
CoinGecko
Very fast block times (~40 milliseconds) and finality ~1.3s – much quicker confirmations than typical chains. �
CoinGecko
Optimised for trading/DeFi – especially for real-time order books, derivatives, and competitive execution. �
Phemex
Session keys and gas optimisations – UX improvements like fewer wallet prompts and near-gasless interactions in supported dApps. �
Coin Bureau
FOGO uses a multi-local consensus and collocated validators in strategic data centers to minimise latency, though this approach is a trade-off versus broader decentralisation. �
