Key Metrics
Cumulative Fees$338,968
Cumulative Fees by chain
AFX L1$338,968
Cumulative Revenue$238,383.71
Cumulative Revenue by chain
AFX L1$238,383.71
Cumulative Perp Volume$2.904b
Cumulative Perp Volume by chain
AFX L1$2.904b
Protocol Information
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. AFX fees are generated from perpetual trading activity, excluding funding, with non-protocol allocations including referral rebates, trader rewards, Points Program rewards, and other incentive distributions. The Points Program rewards trading activity, AFX LP Vault participation, and Guild activity. See https://docs.afx.xyz and https://medium.com/@AFXTrade for more details.
Methodology
Fees: Trading fees paid by AFX perpetual traders, excluding funding.View code on GitHubRevenue: Protocol revenue reported by the AFX daily revenue distribution data.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What chains does AFX Perps operate on?
AFX Perps operates on AFX L1.
How does AFX Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, AFX Perps ranks #414 by TVL. The category holds $2.057b across 424 protocols, and AFX Perps accounts for 0% of that total. Other leading protocols include AFX LP, Jupiter Perpetual Exchange, GMX V2 Perps, Hyperliquid HLP, Derive V2, Extended Perps, Lighter Robinhood Perps, dYdX V4, AZverse Perps, and dYdX V3.