Fogo is a high-performance Layer 1 blockchain specifically engineered for ultra-low-latency decentralized finance (DeFi) and real-time on-chain trading. Launched on mainnet in January 2026, it is built on the Solana Virtual Machine (SVM), ensuring full compatibility with Solana’s existing ecosystem of dApps, tools, and developer infrastructure. Fogo distinguishes itself by utilizing a pure Firedancer-based client and a "multi-local" consensus architecture to achieve block times of approximately 40ms and near-instant finality (~1.3 seconds). To bridge the gap between centralized and decentralized exchanges, the network incorporates vertically integrated features like an enshrined limit order book, native price feeds (oracles) at the protocol level, and a "Sessions" protocol that allows for gas-free, one-click interactions without repeated signatures. The native $FOGO token fuels the network, serving as the primary asset for transaction fees, staking for security, and ecosystem governance.
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