Fogo as an SVM-compatible Layer 1 blockchain has been making frequent moves recently. About three weeks ago, the project announced the cancellation of its original presale plan, officially transitioning to the airdrop phase before mainnet launch. This adjustment has been widely interpreted as a signal that the project places greater emphasis on ecosystem development and community engagement.

Market sources indicate that a leading exchange has confirmed it will open pre-trading functionality for Fogo's USDT perpetual contracts. This means investors can participate in derivatives trading for the token before its official launch, further lowering the barrier to participation.

As an active project in the SVM ecosystem, Fogo's progress also reflects the gradual maturation of this technical route. With mainnet launch imminent and airdrop plans being rolled out accordingly—this playbook has become the standard approach for emerging Layer 1 projects in 2025.