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
Highlighting the breadth of what WALL-B can enable and the depth of performance it can sustain in the physical world.
BEIJING, Aug. 25, 2026 /PRNewswire/ -- X Square Robot, a Shenzhen-based embodied AI company, concluded its participation at the 2026 World Robot Conference (WRC) in Beijing, putting its "one model, many applications" approach to practice across multiple robotic platforms and real-world tasks. Powered by WALL-B, the company brought this approach into a range of physical environments, while extending its first logistics livestream on Aug 12 into a five-hour challenge during WRC.
At the conference, X Square showcased its WALL-B technology across several robotic platforms. In a home environment, two wheeled humanoid robots responded to spoken commands. It performed tasks including organizing household items, retrieving and delivering objects, cleaning, watering plants and handling pet-related chores. Using coordinated two-arm manipulation and obstacle avoidance, the robot moved between rooms and carried out the requested tasks.
The exhibition demonstration formed part of X Square's broader effort to deploy robots in real homes. In March, the company partnered with Chinese local-services platform 58.com to launch a home-cleaning service, with robots working alongside professional cleaners during household visits. In May, X Square began placing robots with participating households for extended in-home service through its "X Family Member Program."
Elsewhere at the conference, a 22-degree-of-freedom, five-fingered dexterous hand completed a multi-stage fan-unboxing task powered by WALL-B. With its view partially obstructed by the box, the system opened the packaging, removed the fan from a confined space, placed it on a table, turned the fan on and visually verified that it was running. A separate dual-arm system responded to visitors' natural-language requests by selecting flowers of the specified color and arranging them in a vase. It adjusted its grip and positioning to handle flexible stems and deformable flowers, and replanned its movements when the flower basket or vase was moved during the task.
X Square extended its focus on real-world deployment into logistics. The WALL-B-powered system is already operating on a live parcel-sorting line and is designed to support continuous, round-the-clock operation. The WRC demonstration provided a public test of that capability. During the challenge, the WALL-B-powered system sorted 10,000 parcels in 5 hours, 14 minutes and 1 second, translating into an average throughput of 1,911 parcels an hour, or about 1.88 seconds per parcel.
During the challenge, the robots handled parcels that varied in size, shape, material and position. The system had to repeatedly identify, grasp, orient and sort the items, while correcting unsuccessful actions and responding to changes on the conveyor. Maintaining its throughput over thousands of parcels offered a measure of the consistency and endurance required in commercial logistics operations.
"Embodied AI requires a foundation model built specifically for the physical world, in parallel with the foundation models developed for the digital world. At X Square, our aim is to develop a common intelligence foundation that can operate across different robots, tasks and physical environments, while continuing to improve through real-world deployment," said Wang Qian, founder and CEO of X Square Robot.
Taken together, the demonstrations reflected X Square's broader view that embodied intelligence should not be tied to a single robot, task or environment. The company said it will continue integrating models and robotic hardware as it expands into additional home, logistics and industrial applications.
For more information, visit https://x2robot.com/.
About X Square Robot
X Square Robot focuses on developing its own general-purpose embodied AI models and robotic hardware. As a leading Chinese company in the field, it has pioneered the deployment of general-purpose embodied AI in real-world settings such as homes and logistics.
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X Square Robot showcases the Power of "One Model, Many Applications" at WRC 2026
