Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$6.72KBuyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Aug 2026 | $6.72K | -- | -- | -- |
| Jul 2026 | $131.73K | -- | -- | -- |
| Jun 2026 | $95.65K | -- | -- | -- |
| May 2026 | $4.27K | -- | -- | -- |
Comparison
Team
Parent Company
Follow Updates
Follow Lists
People
About AFX
AFX is a purpose-built high-performance Layer 1 for derivatives, centred on perpetual futures: matching and liquidation happen on chain, the team claims sub-100-millisecond finality, leverage reaches 100x and margin is denominated in USDC. User assets move in through a custodial bridge from Arbitrum, accounts support email login and session keys to reduce signing friction, and liquidity providers can deposit into vaults to earn fees. It targets the trade-off between centralised exchange speed and on-chain self-custody.
Running its own chain lets the team optimise execution for an order book, but it concentrates risk in the bridge and sequencer. Mainnet launched in June 2026 and did about $710 million in volume over 36 days, with leverage later raised to 100x; on 22 July the custodial bridge was attacked and roughly $24.15 million in USDC was moved out, an incident on-chain analysts attributed to a North Korea-linked group, and in August the team began white-hat returns and user remediation. Custody remains the main attack surface, so compensation progress and the bridge rebuild deserve tracking.
On June 18, 2026, AFX disclosed that cumulative mainnet trading volume surpassed $710 million within 36 days of launch; it raised maximum leverage to 100x, expanded cross-asset synthetic markets to 34 (crypto, equities, ETFs, commodities), grew its LP Vault TVL to $18.86 million, and launched a Points Program spanning trading, market making and community. On July 22 an AFX-operated USDC custody bridge on Arbitrum was exploited for about $24.15 million USDC, stemming from a supply-chain social-engineering attack on a developer and validator key compromise. On August 3 the project unveiled a user goodwill support program, and on August 20 opened return and claim channels.
Future strategy and roadmap: Going forward, AFX is prioritizing security rebuilding and its sovereign-L1 derivatives focus: while rebuilding critical infrastructure, adding security measures and pursuing on-chain fund tracing and recovery, it continues the Points Program and cross-asset perpetual and synthetic products, and uses low-friction onboarding such as Login with Email and Session Keys for professional traders, gradually restoring community trust.
Ken C — Head of Growth; formerly at HSBC and DBS Bank, later held leadership roles at OKX and Animoca Brands; leads global trader acquisition at AFX.
AFX perpetuals carry a base fee of 0.06% taker and 0.01% maker, with funding settled every 4 hours.
AFX VIP tiered fees decrease with 30-day volume, down to 0.035% taker and 0.001% maker at the top tier.