OKX announced that it will launch FOGO (Fogo) in January 2026, and simultaneously convert the FOGO/USDT pre-market contract to a standard perpetual contract: Deposits will open at 14:30 (UTC+8) on January 13th, a call auction will be held from 21:00 to 22:00 on January 15th, and FOGO/USDT spot trading will officially open at 22:00. The conversion of the pre-market contract to the standard perpetual contract will be completed within 3 hours after the market opens, and withdrawals will open at 00:00 on January 16th. Fogo is a Layer 1 blockchain based on SVM, focusing on an ultra-low latency on-chain trading experience. It was developed by former core trading members from institutions such as Citadel and Jump, and is positioned for high-frequency and tokenized asset trading scenarios.