#fogo $FOGO
Fogo Sessions Gasless. Wallet-Agnostic. Built for Traders.
Fogo is a Layer 1 blockchain built on the Solana Virtual Machine, designed to support high-performance, on-chain trading. Fogo focuses specifically on financial applications that demand speed, reliability, and deep liquidity. Its core objective is to close the performance gap between centralized and decentralized exchanges, allowing users to trade with self-custody while experiencing execution speeds that feel comparable to centralized venues.
FOGO is the native utility and governance token of the Fogo network. It is used to pay for transaction execution and order placement, to stake and secure the network through validator participation, and to take part in protocol governance decisions. Token holders can vote on upgrades and parameter changes that affect the enshrined order book and broader ecosystem.
The circulating supply of FOGO token is 3.76 billion, with a total supply of 9.93 billion tokens.