Fogo (https://www.fogo.io/) is a high-performance Layer 1 blockchain built on the Solana Virtual Machine (SVM), optimized for real-time trading and DeFi applications. It delivers “trade without compromise” with ultra-low latency, no friction, and fair execution, targeting professional traders and modern financial use cases.

Core Features
– SVM Compatibility: Fully compatible with Solana programs, tools, and infrastructure for seamless migration.
– Pure Firedancer Client: Uses Jump Crypto’s high-performance Firedancer (initially via Frankendancer hybrid) for optimized networking, block production, low tail latency, zero-copy data flow, and kernel bypass — pushing hardware limits on throughput and speed.
– Multi-Local (Zoned) Consensus: Validators organized into geographic zones; only one zone active per epoch (e.g., Tokyo-focused for low-latency coordination, with “follow-the-sun” or epoch-based rotation). This minimizes physical propagation delays and global quorum issues, unlike Solana’s fully distributed validators.
– Curated Validator Set: Ensures consistent high performance, reduces variance from slow nodes, and enhances resilience with backup zones worldwide.
– Fogo Sessions: Gas-free, single-signature sessions with time-limited, scoped permissions — enabling Web2-like UX (e.g., “Google one-tap” feel) while maintaining self-custody and reducing signature fatigue.
– Other Optimizations: Native price feeds, enshrined DEX elements, co-located liquidity providers, and MEV mitigation for fairer, faster execution.

Performance Metrics
– ~40ms block times
– ~1.3s confirmation/finality
Designed for institutional-grade needs like on-chain order books, real-time auctions, precise liquidations, and high-frequency scenarios.

Target & Positioning
Fogo bridges traditional finance and on-chain systems by solving physical network limits, validator inconsistencies, and global consensus delays. It emphasizes no “friction tax” (zero gas, fewer clicks), no “BOT tax” (reduced front-running), and no “speed tax” (instant fills). Built by trading and engineering experts, backed by investors like Distributed Global and CMS Holdings.

In short, Fogo is a purpose-built, ultra-fast SVM L1 — essentially “Solana on steroids” via pure Firedancer + zoned consensus — specializing in high-stakes, low-latency on-chain finance. Check the official site, explorer.fogo.io, or recent X updates for live metrics and participation.