People treat Fogo’s speed like a bragging right.
But at tens-of-milliseconds blocks, speed stops being a metric it becomes market structure.
When time compresses that aggressively, alpha shifts. It’s no longer about clever contract design. It’s about routing efficiency, network proximity, and execution discipline. The competitive edge moves from code to coordination.
On a chain like that, blockspace isn’t scarce. Reaction time is.
And when reaction time is the scarce asset, liquidity doesn’t spread evenly. It concentrates. Order flow gravitates toward the tightest feedback loops. Infrastructure quality starts dictating PnL more than strategy creativity.
That’s why the real question isn’t “How fast is Fogo?”
It’s “Who captures the speed dividend?”
If trading activity clusters into a handful of ultra-efficient venues and validator performance starts shaping outcomes, Fogo isn’t a general L1 anymore.
It becomes an exchange-grade execution layer.
And winning that market requires economic design as sharp as the latency itself.