FOGO

Fogo

DeFiLayer 1

Price
$0.002349
24h
+2.0%
7d
−24.0%
Market cap
$12.6M
24h volume
$2.3M
Report

Fogo (FOGO) is a smart-contract platform and DeFi token. The project's stated purpose: Native token of Fogo, a high-performance SVM Layer-1 built for trading; used for transaction gas and staking. It says its contracts have been audited. Its source is public and its token allocation is published. 5.4B are in circulation, with no maximum. It ranks 1112th by market capitalisation among the coins tracked here.

Fogo is a next-generation Layer 1 blockchain designed to deliver the best on-chain trading experience ever. With its unique architecture and Firedancer implementation, the chain offers low latency, near-instant finality, and unparalleled scalability. As a purpose-built blockchain, Fogo will incorporate a carefully constructed, vertically integrated tech stack. This includes a curated validator set, native price feeds, an enshrined DEX, and colocated liquidity providers to create a truly differentiated trading environment. Backed by a team of trading and engineering experts and driven by a vision to redefine what’s possible, Fogo is setting the standard for high-performance blockchain infrastructure.

Fogo's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
5.4B
Total supply
9.9B
Max supply
No cap

Supply as of 4h ago

Official links

We have not checked these links yet.

Research

Researched on 30 August 2026

  • Audit claimed yes
  • Tokenomics disclosed yes
  • Source public yes

Token allocation, as published

Community Ownership 16.68%
Institutional Investors 12.06%
Core Contributors 34%
Foundation 21.76%
Advisors 7%
Launch Liquidity 6.5%
Burned 2%

As the project states it — these need not sum to 100.

The project's claims

  • Claims sub-40ms block times, gas-free sessions and fair execution. source
  • States the chain is based on Solana's architecture and uses multi-local consensus. source
  • States 2% annual inflation paid as validator block rewards shared with delegators. source
  • States two Echo raises were completed, $8M at a $100M FDV and $1.25M at a $200M FDV across approximately 3200 participants. source
8 sources checked