AFX Mainnet Launches as Purpose-Built Layer 1 for High-Performance Decentralized Derivatives

1 hour ago 5 sources positive

Key takeaways:

  • AFX’s zero-gas, low-latency model may force DYDX and GMX to adapt fee structures.
  • Inclusion of gold and oil derivatives underscores a structural push toward on-chain commodity markets.
  • Community-driven revenue pass-through and no VC raise could set a new DeFi tokenomics standard.

AFX, a sovereign Layer 1 blockchain engineered exclusively for decentralized derivatives trading, has officially launched its mainnet. The project claims to eliminate the congestion and latency issues inherent to general-purpose blockchains, offering a dedicated trading environment that merges the transparency of a perpetual DEX with the execution speed of centralized exchanges.

The launch introduces the Sovereign Trading Layer, featuring perpetual markets for BTC, ETH, Gold (XAU), and Crude Oil (CL) with leverage up to 40x. The technical architecture includes a DAG-based consensus mechanism and ABCI modular design, achieving a 100ms median latency and a capacity exceeding 100,000 transactions per second. A unique Zero Gas execution model eliminates network fees, while protocol-level MEV resistance protects order flow.

Aimed at professional traders, the Pro-Trader Suite debuts with a 1.25% maintenance margin (four times more capital efficient than incumbents), real-time re-utilization of unrealized profits, and native FIX protocol support for seamless integration with institutional algorithmic trading systems.

The project emphasizes community control, having launched without venture capital or private fundraising rounds. A 100% Revenue Pass-through model guarantees that all network-generated value flows back to participants. The mainnet is live, inviting traders to experience what it calls “the next stage of on-chain evolution.”

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