Fogo is a next-generation Layer 1 blockchain designed to deliver the best on-chain trading experience ever. With its unique architecture and Firedancer implementation, the chain offers low latency, near-instant finality, and unparalleled scalability. As a purpose-built blockchain, Fogo will incorporate a carefully constructed, vertically integrated tech stack. This includes a curated validator set, native price feeds, an enshrined DEX, and colocated liquidity providers to create a truly differentiated trading environment. Backed by a team of trading and engineering experts and driven by a vision to redefine what’s possible, Fogo is setting the standard for high-performance blockchain infrastructure.
Order Book
Connecting…Price Chart: FOGO
Largest Bid Walls
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Largest Ask Walls
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FOGO Funding Rate History
Last 7 days · 168 intervalsOver the last 7 days, FOGO funding has averaged 0.00034% per hour, an annualised rate of 2.9%. Longs paid shorts in 87% of intervals, meaning positioning has leaned long and holding a long position carried an ongoing cost. The rate ranged from -0.01805% to 0.00125%. Work out what this costs on your own position with the funding rate calculator.
FOGO funding & market FAQ
What is the current FOGO funding rate?
The current FOGO funding rate on Hyperliquid is 0.00125% per hour, with a predicted next rate of 0.00125%. Over the past 7 days it has averaged 0.00034%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.
Who pays funding on FOGO right now?
The rate is positive, so longs pay shorts. This happens when the perpetual trades above spot price, and it makes holding a long position an ongoing cost. See how funding rates work for the full mechanism.
What does FOGO open interest tell me?
FOGO currently has $572,376 of open interest, ranking #252 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.
What is my liquidation price on a FOGO position?
At the current mark price of $0.005209, a 10x long would be liquidated around $0.004688 and a 10x short around $0.005730. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.
Can I trade FOGO perpetuals without an account?
Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's FOGO positions, entries and realised PnL by pasting their wallet address — no sign-up needed.
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