Key features of the Fogo Protocol include:
High Performance: Designed to overcome bottlenecks in general-purpose blockchains with ultra-fast execution.
Vertical Integration: Features native price feeds (oracles) and an "enshrined" central limit order book (CLOB), ensuring deep liquidity and reducing dependence on third-party dApps.
Solana Compatibility: Fully compatible with SVM, allowing existing Solana programs and tools to run on Fogo without modification.
Firedancer Implementation: Utilizes the high-performance Firedancer validator client to maximize efficiency.
Technology: Employs a multi-local, zone-based consensus system, where validators operate in close proximity to minimize latency.
Fogo is designed to bridge the performance gap between centralized and decentralized exchanges, offering a specialized environment for on-chain derivatives, perpetual futures, and high-frequency trading.