cryptonews.net
AFX, a decentralized, derivatives-focused Layer 1 blockchain, has announced the launch of its mainnet, featuring infrastructure designed specifically for perpetual futures trading. The project diverges from general-purpose blockchain networks and introduces a dedicated execution environment for on-chain trading activities.
At launch, the platform supports perpetual markets tied to both crypto and traditional assets. Available instruments include Bitcoin, Ethereum, gold, and crude oil, with leverage reaching up to 40x. The company says this structure is intended to improve capital efficiency while providing access to different market categories from a single platform.
AFX uses a custom infrastructure built on DAG-based consensus and modular ABCI architecture. According to the company, the system can process more than 100,000 transactions per second while maintaining around 100 milliseconds of median latency. The network also introduces a zero-gas model that removes transaction fees from trade execution.
The launch also includes the Pro-Trader Suite, a trading engine aimed at high-volume and algorithmic market participants. The system offers a low maintenance margin requirement and support for the FIX protocol, a standard widely used by institutional trading firms for market connectivity.
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