Gate is a centralized crypto exchange founded in 2013 offering spot, futures, stocks and earn products for traders who want one multi-asset account.
Ecosystem guide
The Fogo ecosystem
The best dApps on Fogo by sector: DeFi, games, NFTs and more. 6 projects tracked, 6 reviewed in full.
Full Fogo ranking →- dApps
- 6
- Reviewed
- 6
- TVL tracked
- $300K
- Native token
- FOGO
Fogo is a Layer 1 blockchain aimed at on-chain trading. It runs the Solana Virtual Machine, so it is compatible with Solana-style programs and tooling rather than the Ethereum Virtual Machine. The project's pitch is low latency and fast confirmations, and it is associated with the Firedancer validator client. Trading-focused chains like this accept some trade-offs in how validators are set up in return for speed and reliability.
FOGO is the native token. It is used to pay network fees and to stake with validators, and staking is the base for much of the early DeFi activity. Fees are set by the protocol, so check current figures in the project's documentation before moving funds. At the time of writing, DeFi TVL on Fogo is about $306,000, which makes it a very early ecosystem.
The native dApps are mostly staking and lending. Ignition LST issues iFOGO and Brasa Finance issues stFOGO, so holders can earn staking rewards and keep a liquid token. Pyron offers lending and borrowing with LST looping and FOGO rewards, aimed at experienced DeFi users. Exchanges such as Gate and Backpack also appear on this page, but they operate across many chains. If you use a centralized exchange, make sure it is legal in your country and that you meet its age and identity requirements.
Fogo ecosystem in numbers
- Tracked
- 6
- Reviewed
- 6
- Total TVL
- $6.35B
- Avg. score
- 6.2/10
Largest by TVL
- 1
Gate$5.84B
- 2
Backpack$505M
- 3
Ignition LST$375K
- 4
Pyron$234K
- 5
Brasa Finance$217K
Highest rated
- 1
Gate7.7
- 2
Backpack7.6
- 3
Ignition LST6.3
- 4
Pyron5.5
- 5
Brasa Finance5.5
Reviewed
Top-rated dApps on Fogo
Backpack is a crypto exchange, US stock broker and self-custody wallet offering perps, lending yield and cross-collateral margin in one app.
Ignition LST is a liquid staking protocol on Fogo where users stake FOGO to receive iFOGO and earn validator yield while keeping it usable in DeFi.
Pyron is a lending and borrowing protocol on the Fogo chain with LST looping and FOGO rewards, aimed at experienced DeFi users.
Brasa Finance is a liquid staking protocol on Fogo that issues stFOGO, letting FOGO holders earn staking rewards while staying liquid.
Valiant Trade Spot is a Fogo-based spot AMM for traders using liquidity pools and onchain markets.
By sector
Best Fogo dApps by sector
DeFi on Fogo6
- 1
Gate7.7
- 2
Backpack7.6
- 3
Ignition LST6.3
- 4
Pyron5.5
- 5
Brasa Finance5.5
Guides
Fogo guides
Blockchain
Blockchain Examples and How They WorkLearn how blockchains record and verify transactions, how consensus keeps a shared ledger in sync, and how Bitcoin, Ethereum and other networks put the technology to work. See practical examples, key trade-offs and ways to assess whether a blockchain is a good fit.
Blockchain
Blockchain for Data: Uses, Limits and How It WorksBlockchains can create shared records that are difficult to alter, but they are not a general-purpose replacement for databases or file storage. Learn what belongs on-chain, how blockchains connect to outside data, and when the trade-offs make sense.
Blockchain
Casper Network and CSPR: A Practical Guide for 2026Casper Network is a proof-of-stake blockchain, and CSPR is its native token. This guide explains the network’s purpose, how CSPR is used, and what to check before staking or transacting.
Blockchain
Cosmos Network Guide: Chains, IBC and ATOM in 2026Cosmos is an ecosystem of independent blockchains, not one chain that processes every app and token. Learn how the Cosmos Hub, Cosmos SDK and IBC fit together, what ATOM does, and how to assess transfers, staking and risks in 2026.
Blockchain
How the Bitcoin Lightning Network WorksThe Bitcoin Lightning Network moves payments through channels that sit on top of Bitcoin, so most transfers do not need their own blockchain transaction. Learn how channels, routing, fees and liquidity work, and what to consider before using Lightning.
Blockchain
How to Mine Cryptocurrency on Android in 2026Android phones can run mining software, but their limited processing power, battery drain and heat make profitable mining unlikely. Learn how to assess the risks, try a small proof-of-work experiment safely, and spot apps that only simulate mining or sell cloud contracts.
Fogo FAQs
What is Fogo?
Fogo is a Layer 1 blockchain built for trading and other latency-sensitive applications. It uses the Solana Virtual Machine, so it is compatible with Solana-style programs, and it is designed around fast confirmation times.
Is Fogo an EVM chain?
No. Fogo is built on the Solana Virtual Machine rather than the Ethereum Virtual Machine. Apps written for Solana's environment are the natural fit, and Ethereum-style Solidity contracts are not the native standard.
What is the FOGO token used for?
FOGO is the chain's native token. It is used to pay network fees and for staking, which is why liquid staking protocols like Ignition LST and Brasa Finance exist on the chain. Check the project's own documentation for current token details.
Which dApps can I use on Fogo?
Our site lists 7 dApps for Fogo. They include native liquid staking protocols such as Ignition LST (iFOGO) and Brasa Finance (stFOGO), and the lending protocol Pyron. Gate and Backpack are exchanges that support multiple chains, and they appear here alongside the native apps.
How big is the Fogo ecosystem?
At the time of writing, DeFi TVL on Fogo is about $306,000, so the ecosystem is at an early stage. Native protocols hold only a few hundred thousand dollars each at most, which means liquidity can be thin and prices can move more on larger trades.
Is it risky to use Fogo dApps?
A young chain with small TVL carries extra risks, including smart contract bugs, thin liquidity and unproven protocols. Liquid staking and leveraged looping add further layers of risk. Only use funds you can afford to lose, and read each protocol's documentation first. This is not financial advice.
What is the largest dApp on Fogo by TVL?
Gate is the largest dApp on Fogo by total value locked, with $5.84B across all the chains it supports. It is followed by Backpack ($505M) and Ignition LST ($375K). TVL figures come from DefiLlama and change daily.
Which dApp on Fogo has the highest DappsAtlas score?
Gate has the highest score at 7.7/10, ahead of Backpack (7.6) and Ignition LST (6.3). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many dApps are on Fogo?
DappsAtlas tracks 6 dApps on Fogo. Of these, 6 have a full review and 6 report value locked, $6.35B in total, counting value on every chain they support.
What are the most common types of dApps on Fogo?
Centralized Exchanges (2), Staking (2) and Lending (1) are the largest categories on Fogo, by number of projects.
Which dApps on Fogo grew the most this week?
Among dApps with at least $1M locked, Backpack the biggest drop (−6.0%). Combined TVL moved −4.7% over the same seven days.
What is the average score for dApps on Fogo?
The 6 rated dApps on Fogo average 6.2 out of 10. Of these, 0 score 8 or higher and 1 score below 5.