AFX Surpasses $1.1 Billion in Total Trading Volume
The decentralized derivatives platform AFX has exceeded $1.1 billion in trading volume, accompanied by over 8.6 million transactions during its early operational phase.
ROAD TOWN, British Virgin Islands – July 10, 2026 – AFX, a high-performance L1 platform purpose-built for decentralized derivatives, today announced a landmark operational milestone: surpassing $1.1 billion in total trading volume. The platform has also processed over 8.6 million transactions, positioning AFX as one of the fastest-growing decentralized derivatives platforms in the Web3 landscape.
A key highlight of AFX's growth is its capital efficiency. The platform achieved its $1.1 billion volume with a relatively modest Total Value Locked (TVL) of approximately $23.4 million. This high volume-to-TVL ratio underscores AFX's advanced liquidity architecture and its appeal to professional, high-frequency traders seeking deep order books and execution speeds under 100ms.
Ken C, Head of Growth at AFX, stated that reaching this volume confirms the company's vision for a dynamic, community-oriented financial infrastructure. He added that AFX aims to bridge the gap between centralized performance and decentralized autonomy.
AFX is currently running its "Season 1 Rewards" program, distributing weekly points to incentivize liquidity providers and guild members. The platform's LP vaults continue to show solid performance, offering an Annual Percentage Yield (APY) of around 11% derived directly from protocol fees. AFX is expanding its presence across 39 listed markets, including leading crypto assets and synthetic traditional finance assets.