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Perpetual

AFX

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Focus: Eligibility, snapshot date, token reward analysis.

Overview

What is AFX?

AFX is a sovereign Layer 1 blockchain built specifically for decentralized perpetuals trading. Instead of deploying a perp DEX on an existing chain, the team built its own execution layer with sub-100ms finality, zero gas fees, and a fully on-chain central limit order book. The result feels closer to a centralized exchange than a typical DeFi protocol, while matching and settlement stay verifiable on-chain.

AFX raised no VC or private funding. The team skipped investor rounds entirely in favor of a community-first launch, which has direct consequences for how the future token gets distributed.

Key Points

  • Airdrop Allocation: ~65% of total AFX supply reserved for the community via points
  • Distribution Method: Multi-season points program; points settle weekly and convert to tokens at TGE
  • TGE Date: Not announced
  • Vesting Schedule: 100% unlocked at TGE for the Genesis airdrop (27% of supply)

Participation Guide

  1. 1

    Step 1: Create Your AFX Account

  2. 2

    Step 2: Fund Your Trading Account

  3. 3

    Step 3: Trade Perpetuals on AFX

  4. 4

    Step 4: Deposit to the LP Vault

  5. 5

    Step 5: Join a Guild

  6. 6

    Step 6: Track and Claim Points Weekly

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