Most of us are familiar with DeFi operating through AMM: liquidity pools, pricing formulas, slippage (slippage)… and consider it to be obvious. But in reality, AMM was not created because it is perfect, but because traditional blockchain is too slow to run order books truly on-chain.

When a block takes a few seconds to confirm, matching orders between buyers and sellers is nearly impossible. Therefore, AMM became an alternative solution.
But @fogo is changing that premise.
With a block time of about 40 milliseconds thanks to the Firedancer client, Fogo is fast enough to operate a true on-chain order book: with bids, asks, actual order matching, and transparent (price discovery). No longer entirely dependent on pricing formulas based on pool ratios.
The major difference lies in architecture: Fogo integrates trading logic directly into the blockchain infrastructure, instead of forcing applications to “fight for block space” like on many other chains. When the infrastructure itself is optimized for trading, latency drops significantly, and the gap between the listed price and the matched price narrows considerably.
The founding team of #fogo comes from professional trading environments like Citadel and Jump, so they build the system with the mindset of a trading exchange first, then a blockchain. That’s also why trading organizations like GSR or Selini Capital participate—they need efficient infrastructure, not just marketing talk.
If Fogo truly makes AMM a “choice” rather than the default, then once traders realize this, liquidity and trading volume will automatically shift. $FOGO
{spot}(FOGOUSDT)