Fogo Network’s mainnet is live along with ten other decentralised applications on the network. Its token is also tradable on major exchanges.
Fogo, a Solana-compatible Layer-1 (L1) blockchain for on-chain trading, launched its public mainnet with over 10 decentralised applications (dApps) already live, and immediate listings on seven major exchanges.
Within one day of its launch, Fogo delivered a throughput of more than 1,200 transactions per second, alongside 40-millisecond block times. The mainnet launch followed a successful token sale through Binance which sold 2% of FOGO tokens at a $350M valuation to provide funding to the Fogo Foundation.
Previously, Fogo’s public testnet launch in July 2025 came after a private testnet in March and a community-first funding round via Echo in January 2025, where the protocol raised $8 million.
“We designed Fogo to be user-first and to meaningfully involve the builders and traders who have been building with us from day one,” said Doug Colkitt, Co-Founder of Fogo.
Participants in the Fogo Flames points programme can also convert accumulated points into FOGO tokens, with eligibility snapshots already captured for Fogo Fishing testnet users, Portal Bridge (Wormhole) USDC bridge users, and Fogo Flames points participants.
The network plans to double its current dApp count over the coming months, with additional ecosystem announcements expected in the coming weeks.
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