Fogo FOGO

Smart Contract PlatformDecentralized Finance (DeFi)Layer 1 (L1)Binance Alpha Spotlight

Fogo stands out thanks to its strong team governance and market ecosystem, with technical implementation remaining a major focus and currently holding a solid B rating.

Rating updated 2026-07-29
B70.31 / 100

Sector Rank #73 · Global Rank #111

Roadmap Delivery68.5D+
Technical Implementation68.05D+
Tokenomics70.3C-
Team Governance71.79C-
Market Ecosystem71.3C-
Security & Compliance71.09C-
01

Overall Rating

B · 70.31 / 100
Roadmap Delivery
68.5
Technical Implementation
68.05
Tokenomics
70.3
Team Governance
71.79
Market Ecosystem
71.3
Security & Compliance
71.09
Overall Score
70.31

Fogo has an overall rating Bf B (total score 70.31), ranking high in team governance, market ecosystem, and security compliance across six dimensions. The main point of deduction is technical implementation (68.05 points)—a dimension lower than other dimensions in the six-dimensional score.

Rating Team Conclusion: "Fogo has relative advantages in team governance, market ecosystem, and security compliance, but its current shortcomings are mainly in technical implementation." " It is recommended to allocate moderate positions and continuously track subsequent improvements in weak area dimensions.

02

Six-Dimension Rating Breakdown

Roadmap Delivery

71.25/100

Roadmap On Time Delivery Rate?The project started relatively quickly, with early milestones completed on schedule.Weight 35%High · 85 / 100

Last 4 upgrades achieved?The project's mainnet has just gone live and lacks recent upgrade data.Weight 30%Insufficient data · 60 / 100

Milestones to Deliver?There is a lack of public, detailed roadmaps for future development.Weight 20%not specified · 50 / 100

History Extension Record?The project has a relatively short history and currently has no publicly disclosed major delay records.Weight 15%&None · 90 / 100

Technical Implementation

68/100

Consensus Mechanism?It adopts an SVM-based PoS mechanism, offering high performance potential.Weight 30%PoS (SVM) · 85 / 100

Main network years of operation?The mainnet has a short runtime and insufficient historical data accumulation.Weight 15%About 0.4 years · 40 / 100

Recent upgrades?The mainnet will launch in January 2026 and is currently operating stably.Weight 35%The mainnet just launched · 70 / 100

Client Diversity?It mainly relies on the Firedancer client, and its diversity needs improvement.Weight 20%Slightly less (mainly relies on Firedancer) · 60 / 100

Tokenomics

55.25/100

Deflationary Mechanism?There is a lack of public, explicit deflationary mechanism design.Weight 30%No clear mechanism · 50 / 100

Inflation rate?There are regular token unlocks, which put inflationary pressure on circulating supply.Weight 25%Existence of continuous unlocking (about 3.4% / year) · 55 / 100

Staking rate/position lock-up rate?Lack of publicly available data on staking rates or hedging rates.Weight 25%Insufficient data · 50 / 100

Supply Upper Limit?There is a total supply, but no explicit statement of a hard top.Weight 20%About 10 billion (soft top) · 70 / 100

Team Governance

70.5/100

Core Development Team?Core team members are open and transparent, and possess relevant experience.Weight 30%Open and experienced · 80 / 100

Governance mechanisms?There is a lack of public, detailed governance mechanisms, and the degree of decentralization needs improvement.Weight 25%Unclear (high degree of centralization) · 45 / 100

Financial Transparency?Financing information is open and transparent, supported by well-known investment institutions.Weight 25%High ($20.5 million raised publicly) · 85 / 100

Concentration of key people?The core team member concentration is moderate, with some risks but manageable.Weight 20%Normal · 70 / 100

Market Ecosystem

54.25/100

Active Address?Lack of publicly available active address data.Weight 30%Insufficient data · 50 / 100

Ecological chain/L2 quantity?As a new L1, the ecosystem is still in the early stages of construction.Weight 25%Insufficient Data (L1) · 55 / 100

DeFi TVL?Lack of public DeFi TVL data.Weight 25%Insufficient data · 50 / 100

Developer community?Github activity data is missing, but project data shows some community attention.Weight 20%Medium (Missing Github data, but still concerned by the community) · 65 / 100

Security & Compliance

66/100

Historical Major Failure?The project has a relatively short history and currently has no publicly disclosed records of major safety incidents.Weight 25%&None · 90 / 100

Regulatory Attitude?As an L1 blockchain project, it faces a neutral and somewhat cautious regulatory environment.Weight 30%Neutral and cautious · 60 / 100

Sec Attitude?The SEC is disputed over the securities attributes of L1 tokens, with no clear statement at present.Weight 30%Disputed (Presumed Non-Security) · 60 / 100

Client Bug Frequency?The project's mainnet had just gone live and lacked data on client bug frequency.Weight 15%Insufficient data · 50 / 100

04

B Peer Comparison

Export CSV
FogoB · 70.31VictionB · 73.33FlowB · 73.28ARKB · 73.17
Overall Score70.3173.3373.2873.17
Roadmap Delivery68.574.572.2372.78
Technical Implementation68.0571.765.564.7
Tokenomics70.38176.376.3
Team Governance71.7972.6272.1472.8
Market Ecosystem71.369.8575.8374
Security & Compliance71.0971.6274.8675.79

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