Damon AFX

Season 1 of the AFX Points Program is now live. AFX is moving into its early liquidity phase with a points system designed around real protocol participation. Trading activity, LP Vault contribution, and Guild League participation now count toward future token redemption at TGE.

Mark price is central to perp market risk. It is the reference point behind margin, unrealized PnL, trigger orders, and liquidations. AFX calculates mark price using the median of three inputs: external oracle price, AFX orderbook mid-price, and weighted exchange feeds. Built to reduce reliance on any single source.

Excited to share the core idea behind our tokenomics: 100% revenue distribution to our community. Even before TGE, all revenue flows through 4 funnels: Trading Rewards • LP Rewards • Referral Commissions • AFX token Liquidity Pool. Best way to maximize: trade actively + deposit into ALP. Percentages will evolve with the protocol to support healthy long-term growth.

AFX mainnet is live. Trading opens today with four USDC-margined linear futures. AFX is built as a dedicated Layer 1 for perpetual markets, combining low-latency execution, an onchain orderbook, self-custody, onchain settlement, and verifiable trading infrastructure.

The AFX testnet leaderboard is live: app-testnet.afx.xyz/leaderboard Feedback was reviewed independently by the dev community, with known issues weighted accordingly. To map points to mainnet: Email login: use the same email on mainnet Wallet login: use the same wallet on mainnet Thank you to everyone who contributed.

AFX is a high-performance sovereign L1 purpose-built for decentralized derivatives. Custom execution layer. DAG-based consensus. Sub-100ms finality. Native FIX support. Sub-millisecond risk auditing. Built for traders who care about execution, custody, and verifiability. Mainnet launch coming soon

Hello everyone we are preparing the launch of the @AFX_XYZ mainnet and therefore ending the testnet trading competition on the 28th of April at 23:59:59 UTC. The testnet leaderboard with points allocations will be available shortly after. Thank you all for your support, onwards.

Hello all, some updates on the progresses at @AFX_XYZ: - Improved Reduce Only layout - Fixed Lev Slider Bug - Fixed TP/SL bug when adding to positions - Resolved some visual artifacts - Fixed precision issue with $DOGE - Resolved bugs within mobile interface Ty all, onwards

Hello everyone, we've addressed a lot of the feedback on @AFX_XYZ, quick summary: - TP and SL placement on the chart - Faucet reset at 00:00 - Sorted bugs on Slippage and Position prefs - Open Orders Tab customisation - Sorted some display issues around decimals Ty all, onward

The AFX testnet is now live. Over the next 3 weeks, we'll be thoroughly testing the product and reviewing all feedback from our growing community. I'm looking forwards to bringing AFX's cutting-edge technology to life together. Announcement Below: