#fogo $FOGO It feels like everyone keeps recycling the same Layer 1 debates, but there's something else quietly taking shape that deserves attention: Fogo.
What caught my interest isn't flashy marketing - it's the clarity of purpose. Fogo is built on the Solana Virtual Machine (SVM), but instead of trying to be everything for everyone, it's focused on one thing: performance for trading and DeFi. The goal is simple - reduce latency, increase efficiency, and create an environment where execution speed actually gives traders an edge.
They're targeting sub-40 millisecond block times, which is ambitions. For high-frequency strategies, arbitrage, and active market makers, even tiny improvements in speed can compound into real advantages over time.
The team behind it also stands out. With backgrounds at firms like Citadel, JP Morgan, Morgan Stanley, and Jump Trading, they understand how professional trading infrastructure is supposed to operate. That experience matters when building systems where reliability and precision aren't optional.
They've secured $13.5M in funding and launched their test net in July 2025, reportedly with stable performance so far.
It's still early, but if you care about serious trading infrastructure rather than just hype cycles, Fogo might be worth keeping on your radar.