FOGO is the native utility and governance token of
Fogo, a high-performance Layer 1 blockchain built on the Solana Virtual Machine (SVM). Launched in January 2026, the network is optimized for high-frequency on-chain trading and decentralized finance (DeFi) by integrating the Firedancer validator client to achieve sub-second finality.
As of February 14, 2026, the live price of FOGO is approximately $0.0229 USD, with a 24-hour trading volume of roughly $33.27 million. The token reached an all-time high of $0.06326 on January 15, 2026.
Key Token Statistics (February 2026)
Market Capitalization: Approximately $86.48 million.
Circulating Supply: 3.77 billion FOGO tokens.
Total Supply: 9.93 billion FOGO tokens.
Exchange Listings: FOGO is currently listed for spot and derivatives trading on major exchanges including Binance, OKX, Bybit, and KuCoin.
Utility and Ecosystem
The FOGO token serves several core functions within its ecosystem:
Network Fees: Used to pay for transaction execution and order placement on the enshrined limit order book.
Staking & Security: Token holders can stake FOGO to support validator participation and secure the network's consensus.
Governance: Holders can vote on protocol upgrades and ecosystem parameters.
Native Infrastructure: The network features native price feeds and a protocol-level trading engine, reducing reliance on external oracles.