AFX launches high-performance sovereign L1 testnet: A community-first revolution in on-chain derivatives

Road Town, BVI, April 7, 2026 — 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 in