On-chain trading has been bottlenecked for years. Traders are stuck choosing between: 🔹 Slow blockchains with MEV drain 🔸 Centralized exchanges with custody risk @FogoChain - an SVM Layer-1 built for trading, is here to change that. Here's a deep-dive anon🧵
@zaimiriQ @Cryptowithkhan @LisaFlorentina8 @Gautamguptagg @EarnByAbhi Fogo is a Layer-1 purpose-built for trading & designed with speed and fairness at its core. 🔹~40ms block times 🔸Sub-1s finality 🔹Pyth integrated at consensus for real-time price feeds 🔸Fully SVM-compatible (Solana programs run seamlessly) Think CEX execution, on-chain.
How does @FogoChain achieve this performance? 🔹Firedancer client: fastest execution, eliminating @Solana’s bottlenecks. 🔸Multi-local consensus: ultra-low latency + fallback safety 🔹Curated validator set: filters underperformers & MEV Pushing the performance limits!
Even in testing, @FogoChain is already showing serious throughput: 🔹110+ TPS sustained over the past 24h 🔸Peaks of 9K+ TPS during stress tests 🔹39B+ total transactions processed so far 🔸Network fees live and validators active Early numbers, big potential.
Raw speed is only half the story! While most chains let bots win, @FogoChain is built for fair trading. 🔹Frequent batch auctions to minimize toxic flow 🔸Co-location design inspired by Wall Street infra 🔹Reduced MEV extraction 🔸Optimized liquidity & price discovery
Strong design needs strong backers, and @FogoChain has them. 🔹$5.5M seed led by CMS & Distributed Global 🔸$8M public sale at $100M FDV with 3,000+ participants A $100M valuation at launch isn’t common. It shows capital, conviction, and confidence in the fastest trading L1.
Capital means nothing without execution, and the @FogoChain team knows how markets work. 🔹Robert Sagurton: ex- @jump_, @JPMorgan 🔸Douglas Colkitt: Founder, @ambient_finance 🔹Michael Cahill: CEO, @PythNetwork Builders with real trading microstructure expertise.
With speed, fairness, and proven builders, @FogoChain is built for traders who demand more. 🔹L1-native execution at millisecond speeds 🔸Fair market design that minimizes MEV 🔹Infrastructure ready for institutional flow A purpose-built home for serious trading.
To recap, @FogoChain at a glance: 🔹Purpose-built trading chain 🔸~40ms block times, sub-1s finality 🔹$13.5M, raised with 3,000+ participants 🔸Backed by a team with deep expertise A Layer-1 built specifically for traders, with performance & fairness at its core.
If you’ve made it this far, you probably care about trading infra anon. Do the algo a favor, drop an RT and help fuel the blocks
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