About AFX

AFX is a high-performance sovereign L1 purpose-built for decentralized derivatives. By synthesizing the rapid execution of a centralized exchange with the immutable sovereignty of the blockchain, AFX delivers a professional-grade Perp DEX environment characterized by sub-100ms finality, institutional liquidity, and unmatched capital efficiency.

Why AFX

On-Chain Verifiable — Every order match and settlement is verifiable on the blockchain. Your funds stay in your control; the platform cannot misappropriate assets.
High-Performance Trading — Everything runs fully on-chain: matching and settlement happen on-chain, delivering the speed, depth, and reliability traders expect from professional derivatives infrastructure, without giving up self-custody or transparency.
Fair & Manipulation-Resistant Pricing — Mark price is derived from the median of three independent price components, combining on-chain order book data with multi-exchange oracle feeds to resist price manipulation.
Institutional-Grade Risk Controls — Tiered margin requirements, multi-phase liquidation, and an LP Vault backstop ensure platform solvency even in extreme market conditions.

At a Glance

Network

Our Own Layer 1

Settlement Currency

USDC

Contract Type

USDC-margined linear perpetual

Supported Assets

Crypto, commodity, equity, and ETF perpetual markets. Query live product metadata for the current list.

Max Leverage

Up to 100x

Trading Fees

Taker 0.06% · Maker 0.01%

Funding Interval

Every 4 hours (varies by asset)

Trading Hours

24/7

Getting Started

Connect — Log in with your email or connect a Web3 wallet (MetaMask, WalletConnect, OKX Wallet, Coinbase Wallet, etc.).
Deposit — Transfer USDC to your AFX trading account via the Arbitrum network.
Trade — Select a trading pair, set your leverage, and place your order.

Core Features

Trading

AFX supports market, limit, conditional (stop), and TWAP-style execution. Traders can choose between cross margin and isolated margin, and trade in one-way or hedge (two-way) position mode where available. Maximum leverage is determined per market and risk tier.

Pricing & Funding

Mark price uses a three-component median to ensure fair valuation. Oracle price aggregates spot prices from Binance, Bybit, and OKX with multi-layer protection. Funding rates anchor perpetual prices to the underlying spot market.

Risk & Liquidation

A tiered risk limit system adjusts margin requirements by position size. Liquidation follows a four-phase process: order cancellation, market close, LP Vault takeover, and auto-deleveraging (ADL) as a last resort.

Vaults

The LP Vault (ALP) is the protocol-level liquidity vault — 0% management fee, open to all depositors. User Vaults let any trader create a strategy vault and earn a 10% profit share from depositors.

Earn & Grow

Invite traders through the Affiliate Program and earn 10%–35% commission on their trading fees. Active traders can join the VIP Program to receive a share of the platform's fee revenue.