🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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Event ends: August 9, 16:00 UTC
More details: https://www
Testnet just turned main event for @FogoChain
In just the first 3 days, Valiant Trade on Fogo’s SVM testnet has clocked:
🔹 65,000+ transactions
🔹 15,000+ unique traders
🔹 15,000+ LP positions via Ambient Finance
All on top of a chain pushing ~46K TPS (devnet) & 40ms block times in test conditions.
Built by Douro Labs (yes, the minds behind @PythNetwork), Fogo is rapidly proving it’s more than hype and It’s an SVM-based L1 optimized for real DeFi flows.
July’s 56% $ETH surge? Fogo’s fundamentals might just be the spark for what comes next.