What is the current price of Fogo (FOGO)?

The current price of Fogo (FOGO) is 0.06981934814486898 AUD, representing a +0.00 from the day prior.

Can I buy Fogo (FOGO) on Coinstash?

Yes - you can easily buy and sell Fogo (FOGO) on Coinstash. Simply login or sign up, to start buying Fogo (FOGO) in minutes.

Where is the best place to buy Fogo (FOGO) in Australia?

The best place to buy Fogo (FOGO) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Fogo (FOGO) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Fogo (FOGO)?

The trading volume of Fogo (FOGO) is 405.2M AUD in the last 24hrs, representing a +0.00 from the day prior.

How can I buy Fogo (FOGO)?

Fogo (FOGO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Fogo (FOGO)?

The current market cap of Fogo (FOGO) is 270.4M AUD.

Can I convert Fogo (FOGO) to cash?

Yes - With Coinstash you can convert your Fogo (FOGO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Fogo (FOGO) are there?

The current circulating supply of Fogo (FOGO) is 3.8B.

Is Coinstash a safe place to buy Fogo (FOGO) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Fogo (FOGO) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Fogo

What is Fogo?

Fogo is a purpose-built Layer 1 blockchain designed to serve professional and high-frequency crypto traders. It focuses on delivering ultra-low latency, high-speed infrastructure tailored for modern trading environments. Unlike general-purpose blockchains, Fogo is built with the specific goal of minimising the delays, inefficiencies, and vulnerabilities that traders face on conventional chains. Its standout features include sub-40ms block times, near-instant confirmations, and a custom validator setup strategically located near major financial centres.

How does Fogo work?

Fogo operates as an SVM-compatible Layer 1 blockchain, meaning it supports the Solana Virtual Machine, allowing existing Solana applications and tools to function with minimal adjustments. Its execution environment and underlying client software—called Fogo Core—is a customised version of Firedancer, a performance-focused validator client.

A unique component of Fogo’s architecture is its Colocation Consensus model. Validators are physically colocated near key exchanges in regions like Tokyo to drastically reduce network latency. These are backed by globally distributed secondary locations to maintain resilience. While the exact consensus algorithm is not disclosed, the infrastructure is clearly built to prioritise throughput, speed, and uptime for trading applications.

Fogo’s smart contract environment supports Solana-compatible applications and is set to host its own suite of optimised trading tools known as “The Arsenal,” developed specifically for low-latency, gas-efficient trading.

What are the potential use cases for Fogo?

Fogo’s primary use cases revolve around high-performance trading infrastructure. Key applications include:

High-frequency and professional trading, including arbitrage and market-making strategies that depend on fast execution and low latency.
On-chain derivatives and perpetual contracts, where order speed and confirmation times are critical.
Algorithmic trading platforms requiring millisecond-level responsiveness.
Institutional-grade trading systems, aiming for colocation-style infrastructure on-chain.
Tools to defend trader edge, with apps designed to mitigate front-running and toxic flow from bots.

The upcoming suite of applications, “The Arsenal,” is positioned to bring professional-grade execution tools directly to the Fogo chain.

What is the history of Fogo?

Fogo was developed with the mission of creating a blockchain “by traders, for traders.” The chain is purpose-built rather than forked from an existing protocol, and it reflects lessons learned from the shortcomings of existing infrastructure in latency-sensitive environments.

Its key technical milestone is the development of Fogo Core, a customised Firedancer-based validator client, and the deployment of low-latency validator infrastructure in Tokyo, with backup validators in New York and London. Currently, Fogo is positioning itself as a serious, performance-first platform for trading-focused users.