Fogo (FOGO) Price

Fogo#327

DeFi

AMM

Layer 1

0+4.58%USD

*Data is for reference only

Circulating Market Cap (USD)--

Total Market Cap (USD)--

Circulating Supply3.62B

Issue Date2026-01-15

24H Volume (USD)--

Total Supply10.00B

FOGO News

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Fast UX is easy to fake with optimistic screens. Finality is harder. Fogo gives products both a 40ms block cadence and a 1.3-second settled boundary. Responsive feedback and settled state should be shown as different events, not compressed into one optimistic status.
Fogo·5 hr(s) ago
Capital values infrastructure by how quickly state becomes usable again. Fogo is built for that motion.
Fogo·08-14 15:43
Humans tolerate a spinner. Agents need a clock. Fogo's 40ms block cadence is built for workflows that cannot pause and wonder whether state moved.
Fogo·08-13 15:15
At 40ms per block, Fogo produces roughly 25 blocks each second. The useful number is not speed alone. It is how often the network can publish a new state. (Fast enough to support DFBA, iykyk) @slx_fi soon.
Fogo·08-11 14:34
$FOGO
CryptoNewton·08-07 12:21
App-sponsored gas sounds like a pricing feature. In Fogo Sessions, it is also a policy surface.
Fogo·08-04 17:46

FOGO Info

1.Project introduction

Fogo is a next-generation Layer 1 blockchain built with the mission to deliver the greatest onchain trading experience. It was founded on the belief that true decentralization and high performance can coexist. The network leverages a custom Firedancer client for stability and speed, features a curated validator set colocated in high-performance infrastructure centers, and employs multi-local consensus for resilience. Its architecture is purpose-built for trading, aiming to close the performance gap between decentralized and centralized infrastructure. The project is community-led, built by and for traders, and emphasizes a culture of performance and ownership.

2.Token application and distribution

Token application

FOGO is the native token driving the Fogo network economy. Its primary utilities include:

(1) Network Gas: used as fuel for transactions, with dApps able to sponsor costs for a gas-free user experience.

(2) Staking Yield: token holders and validators earn yield for securing the network.

(3) Value Accrual via the Fogo Flywheel: the Foundation supports projects through grants/investments, with partners committing to a revenue-sharing model that directs value back to the Fogo ecosystem.

Token distribution

Community Ownership: 16.68%

Institutional Investors: 12.06%

Core Contributors: 34%

Foundation: 21.76%

Advisors: 7%

Launch Liquidity: 6.5%

Burned: 2%

3.Investment institution

Key investors included CMS Holdings, Cobie's Echo, Larry Cermak, and Kain Warwick. The project raised a total of $13.5 million across two funding rounds.

FAQ

Unlike the traditional stock market, Fogo (FOGO) does not have specific "opening" or "closing" times, as it operates on a decentralized network and trades 24/7 all year round.