Fogo is a high-performance Layer 1 blockchain built on the Solana Virtual Machine (SVM) — meaning it’s compatible with Solana-style smart contracts and tooling. It’s designed for ultra-low latency and high-throughput decentralized finance (DeFi) and on-chain trading, with block times around ~40 milliseconds and very fast finality (~1.3 seconds).
$FOGO is the native utility token of the Fogo blockchain.Total supply is 10 billion FOGO tokens.
Fogo launched its mainnet in January 2026.
The $FOGO token began trading on major exchanges such as Binance (listed ~$0.083 initially), and also appears on platforms like BingX and others.
Utility & uses:
Users pay network fees in FOGO; some models let dApps sponsor gas to offer smoother UX.
Token holders can stake FOGO to help secure the network and earn rewards.
Tokens are used for grants, liquidity incentives, community rewards, and other ecosystem programs.
Trading activity includes both spot and derivatives (futures) markets on some exchanges.
The project is relatively new and still evolving — details like governance, long-term adoption, and complete tokenomics are still developing and should be checked on official sources.
As with all crypto assets: prices can be highly volatile, and participation carries financial risks.
