#fogo $FOGO
Fogo (FOGO) is a specialized Layer 1 blockchain built on the Solana Virtual Machine (SVM) architecture. It is specifically designed for high-performance decentralized finance (DeFi) and professional-grade on-chain trading.
As of February 13, 2026, here is the breakdown of its current status, market performance, and technology.
📊 Market Performance (FOGO/USDT)
After a high-profile launch in January 2026, the token has experienced significant volatility typical of new Layer 1 projects.
Current Price: Approximately $0.021 USDT.
All-Time High: ~$0.097 (reached on Jan 14, 2026).
24h Volume: Roughly $23 million, indicating high liquidity and active trading interest.
Availability: Traded on major exchanges including Binance, Bybit, KuCoin, and MEXC.
🚀 Key Technical Features
Fogo aims to solve the "speed vs. decentralization" trade-off that often hampers DeFi applications.
Performance: Claims 40ms block times and throughput exceeding 1,200 TPS.
Firedancer Integration: Uses the high-performance validator software (originally developed by Jump Crypto) to ensure network reliability.
Enshrined DEX: Unlike other chains where the exchange is an app on top, Fogo has a limit order book built directly into the protocol level.
Native Oracles: Price feeds are integrated into the validator system, reducing the need for third-party services like Chainlink for its core functions.
⚠️ Risk Assessment
If you are looking at FOGO as an investment, keep the following in mind:
"Seed Tag" Status: On exchanges like Binance, FOGO carries a Seed Tag, meaning it is considered a high-risk, high-volatility project that requires passing a quiz to trade.
Selling Pressure: The project recently released a large amount of tokens via airdrops and initial listings, leading to a downward price trend as early recipients liquidated their positions.