Attackers used an AFX-powered bridge within Arbitrum and stole around $24.15 million worth of USDC and converted it into Ether. This brought the total losses due to hacks in July to around $97 million, surpassing […]
AFX Trade, a decentralized crypto and stock perpetuals exchange, suffered an attack on its Arbitrum bridge. This exploit resulted in the exchange losing approximately $24.15 million in USD Coin [USDC]. The attacker quickly transferred the […]
In 2026, the argument over whether onchain perpetuals could match centralized exchanges on execution has been settled in practice. Hyperliquid alone now accounts for roughly 44 percent of perp DEX volume, turns over more than […]
AFX, a sovereign Layer 1 purpose-built for decentralized derivatives trading, has officially commenced the operation of its L1 Mainnet, signaling a definitive end to the era of trade execution compromised by general-purpose blockchain congestion. Engineered […]
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