AFX Launches New Layer 1 Network for Decentralized Derivatives Trading
The AFX project has officially launched its own independent Layer 1 network specialized in decentralized derivatives trading. This new platform eliminates congestion issues on general-purpose blockchain networks, offering traders institutional-grade speed and efficiency. The new system allows trading of assets such as Bitcoin, Ethereum, Gold, and oil with up to 40x leverage. This is reported by Cointelegraph.com reports .
Technically, AFX operates using a DAG-based consensus and modular architecture. This approach enables transaction speeds exceeding 100,000 per second and reduces latency to 100 milliseconds. Additionally, a "Zero Gas" model has been introduced on the network, freeing users from excessive network fees.
The platform offers the Pro-Trader Suite tool designed for professional traders. It provides four times higher capital efficiency compared to other market competitors with a minimum margin requirement of 1.25%. Furthermore, AFX is the first among decentralized exchanges to support the FIX protocol, allowing large quant funds to integrate their algorithms directly with the blockchain.
The AFX project was launched without venture capital or private investment rounds, fully prioritizing community interests. All revenue generated from the network is returned directly to ecosystem participants and traders. This approach aims to set new economic standards in the decentralized finance (DeFi) sector.
