AFX launched its sovereign Layer 1 mainnet for decentralized derivatives trading, featuring DAG consensus, 100ms latency, over 100K TPS, zero gas fees, a Pro-Trader Suite with 1.25% maintenance margin, and native FIX protocol support.

High-performance sovereign L1 AFX has surpassed $1.1 billion in cumulative trading volume since launch, achieved with low TVL and high capital efficiency. Season 1 rewards offer 475,000 weekly points, while ALP vaults yield ~11% APY.

AFX said cumulative trading volume has reached $946.29 million, with TVL at $20.71 million. The protocol’s VIP program returns 30% to 50% of fee revenue to high-volume traders, while annualized protocol revenue is currently tracked at $1.07 million.

AFX has launched its sovereign Layer 1 testnet for decentralized derivatives, highlighting sub-100ms finality, over 50,000 TPS, and a community-first incentive model designed to reward trading activity and technical feedback.