DC
Doug Colkitt is an initial contributor to Fogo, a high-performance trading layer built on Solana. He discusses Fogo's use of the Firedancer client and the project's focus on institutional-grade infrastructure and high-frequency trading capabilities on blockchain.
1Interview
2025First on the show
Jul 2025Latest appearance
26 minOn camera
26:29
Latest interview · Jul 2, 2025Fogo is redefining high frequency trading on SolanaWatch the episode →
In their own words
“We've had our infrastructure builder test net up since March 1st. Our public test net with some apps deployed will be out in July and then we're targeting pretty firmly mainnet by the end of Q3.”
Key points from the latest interview
- Fogo is a Layer 1 built on the Solana Virtual Machine designed specifically for high-frequency trading with institutional-grade infrastructure.
- The project uses multilocal consensus to enable collocation of validators in data centers while maintaining ability to fall back to global consensus if needed.
- Traditional blockchains lack trading-specific features like latency guarantees and protection against transaction ordering manipulation that institutions require.
- Fogo implements social and technical layer rules to prevent validator abuse around transaction prioritization and includes a curated validator set that can remove bad actors.
- Doug Colkitt brings high-frequency trading expertise from Citadel and DeFi experience from building Ambient AMM to address limitations of general-purpose blockchains for trading.