It is one week after the Fogo mainnet began in January 2026. You see it has been a great hurry, as you have been looking at the charts. There was the very fast 40ms speed on Day 1, buying Valiant on Day 2, and the user-intuitive Native Account Abstraction on Day 5. However, an expedited system requires individuals to operate it and at present, Fogo community is operating it.
This surge is caused by the Phase 2 of the Fogo Flames airdrop campaign.
As we said earlier, great technology is only important when prominent users inject money in it. The Fogo Flames programme is not a usual retweet and win competition. It is a game that makes those who play the network to act in real life. The results show it works.
$150M TVL and More
Cheque the real-time statistics of Fogo Analytics dashboard. The cumulative value locked (TVL) on the Fogo network had surpassed 150million dollars in only seven days. It is really big in the case of a new Layer-1 chain that is not an Ethereum copy. It is not speculation but real money is being invested in by real people.
There have been unique active wallets which have exceeded 45, 000. Thousands of Ethereum and Solana assets users impress on a daily basis. They are not a mere population, but a developmental group utilising dApps and a group that contributes to maintaining the network safe.
Ecosystem Growth: it is more than a DEX.
The principal advantage of the inflow has been to Valiant, the Valiant-native order-book DEX, which has now nearly 60 network of TVL. The Flames campaign will be directed to benefit the entire ecosystem. The incentives motivate users to discover a variety of numerous decentralised applications.
It is already growing rapidly in new areas:
Lending & Borrowing
such protocols as FogoLend are gaining traction and are putting forward faster. They also provide favourable rates of locking stablecoins, including the USDC and native token of $FOGO. This allows individuals to utilise their holdings without selling them. Greater capital is brought in with high yields which are usually enhanced by Flames Points.
NFTs & Gaming
Since Fogo is fast and does not require gas during transactions, a number of game projects in the on-chain games industry and NFT markets have shifted their interest to Fogo or begun soft launches. The advantage is to the interactive apps is the promise of sub-second finality and a flowing user experience without the ever-present wallet pop ups.
The Flames Leaderboard: Decentralising to have fun.
Rewards are not the only thing in the Fogo Flames campaign. It brings about competition and belonging. In real time, the user is able to view their Flames Points on a leaderboard. Such candour and casualness attract individuals to cross more, trade more and inject greater liquidity hoping to move up the ladder. It converts passive holders to active participants.
What’s Next? The Snapshot Is Coming
Phase 2 of Fogo Flames campaign is in operation and will continue to operation till the end of Q1 2026. It is yet possible to get additional Flames points. The community is eager to receive a snapshot that will determine the number of tokens of the airdrop programme of $FOGO each individual will receive. This business plan forms a virtuous circle: the more you are active, the bigger the rewards, which leads to the increasing number of users, which contributes to the liquidity, and Fogo can be even more attractive to developers and investors.
Fogo mainnet is not only fast but it is living and evolving. With the Fogo Flames campaign, things are still on the upslope and there will be a vibrant and exciting decentralised future.