ROAD TOWN, British Virgin Islands, July 11, 2026 /PRNewswire/ -- AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, today announced a landmark operational milestone: surpassing $1.1 billion in cumulative trading volume during its initial period of operation. This rapid ascent is supported by over 8.6 million total trades, positioning AFX as one of the fastest-growing decentralized derivatives platforms in the 2026 Web3 landscape.
The most distinctive feature of AFX's growth is its superior capital efficiency. While many decentralized protocols rely on massive Total Value Locked (TVL) to attract volume, AFX has achieved its $1.1 billion milestone with a lean TVL of approximately $23.4 million.This exceptionally high volume-to-TVL ratio underscores the platform's advanced liquidity architecture and its appeal to professional high-frequency traders who demand deep order books and sub-100ms execution without the friction of legacy DeFi systems.
"Reaching $1.1 billion in volume so quickly validates our vision of a high-velocity, community-centric financial infrastructure," said Ken C, Head of Growth at AFX. "AFX is not just another DEX; it is a demonstration of how institutional-grade liquidity can thrive in a fully decentralized, sovereign environment. By allocating 65% of the token supply to the community, we are ensuring that the value generated by this high-performance engine is returned to the builders and traders who power it."
Currently, AFX is in the midst of its Season 1 Rewards program, featuring a 475,000 weekly points pool to incentivize liquidity providers and guild participants. The platform's LP Vaults (ALP) continue to deliver robust performance, offering an approximately 11% APY derived directly from actual protocol fees. As AFX continues to scale its 39 listed markets, including crypto leaders and synthetic TradFi assets, the protocol remains committed to bridging the gap between centralized performance and decentralized sovereignty.
About AFX
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 blockchain, AFX delivers a professional-grade Perp DEX environment characterized by sub-100ms finality, institutional liquidity, and unmatched capital efficiency.
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AFX Surpasses $1.1 Billion in Total Trading Volume, Highlighting Capital Efficiency in On-Chain Derivatives
GENEVA, July 10, 2026 /PRNewswire/ -- World Youth Forum (WYF), an international nonprofit advancing challenge-based learning and youth development across more than 30 countries, today launched the Global AI Talent Compact at the AI for Good Global Summit 2026 in Geneva, where WYF served as an official session partner.
The summit, organized by the International Telecommunication Union (ITU) in partnership with more than 50 UN agencies and co-convened with the Government of Switzerland, is the United Nations' leading platform on artificial intelligence.
The Compact establishes an open global action network built on five commitments: expanding access to AI literacy; defining the human capabilities that matter most in the AI era; scaling real-world, challenge- and project-based learning; safeguarding youth well-being; and recognizing ability through evidence of real work, not credentials alone.
"AI is changing not only how young people learn and create, but how talent is identified and recognized," said Houston Hou, Global Executive Convener of WYF. "Young people need pathways through which real ability can be seen, trusted and connected. The Compact is an open invitation to build those pathways together."
The launch convened leaders from across the UN system, academia and youth innovation, including Fabrizio Hochschild, former UN Under-Secretary-General; Frédéric Werner, Head of Strategic Engagement, AI for Good, ITU; and Ben Nelson, Chairman and CEO of Minerva Project. Alongside speakers from AI Singapore (AISG), the ASEAN Foundation, the International Trade Centre (ITC), the United Nations Research Institute for Social Development (UNRISD), the United Nations University (UNU), and student AI communities including the Imperial AI Group, the Oxford Guild, the University of Toronto Machine Intelligence Student Team (UTMIST) and the Global AI Alliance at Penn. The Global SDGs and Leadership Development Center served as supporting partner of the session.
Following the launch, WYF will convene founding supporters worldwide — universities, student AI societies, education and innovation organizations, and industry partners — to advance year-round, challenge-based AI learning, new forms of talent recognition, and pathways connecting young talent with real-world opportunities.
About World Youth Forum
WYF is an international nonprofit youth development platform. Through educational programmes, competitions, international conferences and youth-led initiatives, WYF engages more than 500,000 young people annually across more than 30 countries.
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WYF Launches Global AI Talent Compact at AI for Good Global Summit 2026
