Gregory Pudovsky
Revealed: April 07, 2026 at 7:59 am Up to date: April 07, 2026 at 7:59 am
In Transient
AFX, a high-performance sovereign Layer 1 purpose-built for decentralized derivatives, has formally launched its Testnet, signaling a significant leap in on-chain buying and selling infrastructure.
AFX, a high-performance sovereign Layer 1 purpose-built for decentralized derivatives, has formally launched its Testnet, signaling a significant leap in on-chain buying and selling infrastructure. Engineered to ship sub-100ms finality and a capability exceeding 50,000 transactions per second, AFX makes use of a customized execution layer and DAG-based consensus to unravel congestion inherent in general-purpose chains.
The protocol is based on a strict community-first philosophy, deliberately eschewing enterprise capital and personal rounds to make sure complete group sovereignty. To refine the platform by real-world stress testing, AFX has launched a complete Testnet marketing campaign that includes a prize pool of greater than 28,000 factors, which can be eligible for eventual conversion into native tokens. This initiative ensures that rewards are earned by tangible contributions quite than insider allocations, inviting world merchants to form the way forward for the protocol.
The inducement construction is partitioned into two major tracks designed to reward each depth of engagement and demanding technical perception. The Exercise Pool, which represents seventy p.c of the overall prize pool, makes use of a multi-dimensional scoring system to reward real buying and selling conduct. Contributors earn their share not simply by cumulative quantity, however by demonstrating various execution methods throughout a number of margin modes, varied buying and selling pairs, and sophisticated place lifecycles. In tandem, the remaining thirty p.c of rewards are devoted to the Suggestions Pool. This monitor incentivizes the submission of high-quality bug studies and product strategies by way of the official Discord channel, the place the tech and product communities consider every entry based mostly on its severity and utility.
This Testnet launch serves as a vital proving floor for the AFX infrastructure, together with its native FIX protocol assist and sub-millisecond threat auditing engine. Merchants are inspired to hitch this collaborative effort to construct and take a look at collectively. For extra particulars customers can go to the official buying and selling portal.
About AFX
AFX is a high-performance sovereign L1 purpose-built for decentralized derivatives. That includes native FIX protocol assist and sub-millisecond threat auditing, AFX offers the velocity of a centralized alternate with the non-custodial sovereignty of the blockchain
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About The Creator
Gregory, a digital nomad hailing from Poland, isn’t solely a monetary analyst but additionally a useful contributor to numerous on-line magazines. With a wealth of expertise within the monetary trade, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at present devoted to writing a e-book about cryptocurrency and blockchain.
Extra articles
Gregory, a digital nomad hailing from Poland, isn’t solely a monetary analyst but additionally a useful contributor to numerous on-line magazines. With a wealth of expertise within the monetary trade, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at present devoted to writing a e-book about cryptocurrency and blockchain.
