AFX, a blockchain company developing a Layer 1 “sovereign” network for decentralized derivatives trading, has started operating its L1 Mainnet. The launch is announced as a response to limits attributed to general-purpose blockchains, which can slow or disrupt trade execution for on-chain perpetual (perp) decentralized exchanges (DEXes). According to the press materials, AFX is designed to provide an optimized execution environment intended for higher-throughput trading, with figures cited for low latency and large transaction capacity, along with features described as separating execution from consensus. The launch announcement also says the protocol supports perpetual markets from the start, including BTC and ETH, and commodities or macro-linked assets such as Gold (XAU) and Crude Oil (CL), and cites leverage up to 40x. AFX also describes a “Zero Gas” execution model intended to remove transaction fee friction. In addition, the company states that it is introducing a “Pro-Trader Suite” and claims native FIX protocol support for quantitative trading workflows. The mainnet is presented as live for users to access via a trading interface.