$FOGO is the native utility token of Fogo Chain, a high-performance Layer 1 blockchain built on the Solana Virtual Machine (SVM). Designed for institutional-grade trading, it utilizes the Firedancer client to achieve ultra-low 40ms block times.
The token powers the ecosystem through gas fees, staking for network security, and governance. Launched in early 2026, $FOGO supports a vertically integrated trading stack, including native oracles and an on-chain order book. It aims to bridge the gap between TradFi speed and DeFi decentralization.