ROAD TOWN, British Virgin Islands, April 07, 2026 (GLOBE NEWSWIRE) -- AFX, a high-performance sovereign Layer 1 purpose-built for decentralized derivatives, has officially launched its Testnet, signaling a major leap in on-chain trading infrastructure. Engineered to deliver sub-100ms finality and a capacity exceeding 50,000 transactions per second, AFX utilizes a custom execution layer and DAG-based consensus to solve congestion inherent in general-purpose chains.
The protocol is founded on a strict community-first philosophy, intentionally eschewing venture capital and private rounds to ensure total community sovereignty. To refine the platform through real-world stress testing, AFX has introduced a comprehensive Testnet campaign featuring a prize pool of more than 28,000 points, which will be eligible for eventual conversion into native tokens. This initiative ensures that rewards are earned through tangible contributions rather than insider allocations, inviting global traders to shape the future of the protocol.
The incentive structure is partitioned into two primary tracks designed to reward both depth of engagement and critical technical insight. The Activity Pool, which represents seventy percent of the total prize pool, utilizes a multi-dimensional scoring system to reward genuine trading behavior. Participants earn their share not just through cumulative volume, but by demonstrating diverse execution strategies across multiple margin modes, various trading pairs, and complex position lifecycles. In tandem, the remaining thirty percent of rewards are dedicated to the Feedback Pool. This track incentivizes the submission of high-quality bug reports and product suggestions via the official Discord channel, where the tech and product communities evaluate each entry based on its severity and utility.
This Testnet launch serves as a critical proving ground for the AFX infrastructure, including its native FIX protocol support and sub-millisecond risk auditing engine. Traders are encouraged to join this collaborative effort to build and test together. For more details users can visit the official trading portal.
About AFX
AFX is a high-performance sovereign L1 purpose-built for decentralized derivatives. Featuring native FIX protocol support and sub-millisecond risk auditing, AFX provides the speed of a centralized exchange with the non-custodial sovereignty of the blockchain
Media contact
Oyku Yavuz
PR Lead
Disclaimer: This sponsored content is provided by the content provider and does not necessarily reflect the views of this media platform or its publisher. The information is shared for general informational purposes only and should not be considered financial, investment, or trading advice. Cryptocurrency and mining-related activities carry risks, including the potential loss of capital, and readers are encouraged to conduct their own research and seek professional advice where appropriate. Speculate only with funds that you can afford to lose.The media platform and publisher assume no responsibility for any losses or claims arising from reliance on this content. GlobeNewswire does not endorse any content on this page.
Legal Disclaimer: This article is provided on an “as-is” basis, without warranties or representations of any kind, express or implied. The media platform assumes no responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information presented. Any complaints, claims, or copyright concerns related to this article should be directed to the content provider mentioned above.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ed4f54e6-7eeb-4abd-b2a8-051df8a4de02
