#fogo $FOGO FOGO: Born for ultimate trading, a high-performance SVM public chain

FOGO is a professional trading-level Layer 1 public chain built on the Solana Virtual Machine (SVM), developed by the Pyth Network technical team Douro Labs, focusing on low latency, high throughput, and frictionless on-chain trading, targeting the institutional and high-frequency trader market.

The project has completed a $13.5 million financing round and has landed on major platforms like Binance, with a total supply fixed at 10 billion tokens. FOGO relies on an optimized Firedancer client to achieve 40ms block times, built-in oracles, and a native order book, significantly reducing slippage and front-running, suitable for real-time financial scenarios such as spot trading, futures, and DeFi lending.

As a popular asset in Binance's Alpha sector, FOGO establishes trading efficiency as its core barrier, forming differentiation within the SVM ecosystem. With the mainnet launch and ecosystem expansion, FOGO is expected to become the preferred public chain for on-chain trading and high-frequency financial applications, combining technical strength with market popularity.