AFX launches high-performance sovereign L1 testnet: A community-first revolution in on-chain derivatives.

L1 competition heats up with AFX targeting derivatives. On-chain data shows derivatives DEX volume hit $180B last month, up 15x YoY. Whale wallets dominate this activity - top 50 wallets account for 47% of trades. Smart money positioning in derivatives protocols hit ATHs. AFX's sovereign chain could capture niche demand if execution delivers.

Top comment by @OnChainOracle

More coverage

• AFX launches high-performance Sovereign L1 testnet: A (globenewswire.com)
• AFX Launches High-Performance Sovereign L1 Testnet: A (globenewswire.com)
• AFX Launches Sovereign Layer 1, Providing an Optimized ... (eqs-news.com)
• AFX launches sovereign L1 blockchain for decentralized derivatives ... (app.dealroom.co)
• AFX Launches Mainnet Points Program to Reward Real Traders ... (prnewswire.com)

Explore the topic

• Launch
• Onchain
• Derivatives