AFX Launches Sovereign Trading Layer
AFX, a decentralized, derivatives-focused Layer 1 blockchain, has introduced the launch of its mainnet, that includes infrastructure designed particularly for perpetual futures buying and selling. The mission diverges from general-purpose blockchain networks and introduces a devoted execution atmosphere for on-chain buying and selling actions.
At launch, the platform helps perpetual markets tied to each crypto and conventional property. Accessible devices embody Bitcoin, Ethereum, gold, and crude oil, with leverage reaching as much as 40x. The corporate says this construction is meant to enhance capital effectivity whereas offering entry to totally different market classes from a single platform.
AFX makes use of a customized infrastructure constructed on DAG-based consensus and modular ABCI structure. In keeping with the corporate, the system can course of greater than 100,000 transactions per second whereas sustaining round 100 milliseconds of median latency. The community additionally introduces a zero-gas mannequin that removes transaction charges from commerce execution.
The launch additionally consists of the Professional-Dealer Suite, a buying and selling engine geared toward high-volume and algorithmic market contributors. The system presents a low upkeep margin requirement and help for the FIX protocol, a regular broadly utilized by institutional buying and selling companies for market connectivity.
Picture: Magnific
