Protocol Information
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 the blockchain, AFX delivers a professional-grade Perp DEX environment characterized by sub-100ms finality, institutional liquidity, and unmatched capital efficiency. AFX fees are generated from perpetual trading activity, excluding funding, with non-protocol allocations including referral rebates, trader rewards, Points Program rewards, and other incentive distributions. The Points Program rewards trading activity, AFX LP Vault participation, and Guild activity. See https://docs.afx.xyz and https://medium.com/@AFXTrade for more details.
Category:Bridge
Audits:
Methodology
TVL: Counts USDC deposited through Arbitrum and locked in the AFX bridge contract.View code on GitHubHacks
Date: Jul 22, 2026
Amount: $24.15m
Classification: Infrastructure
Technique: Private Key Compromised
Chains: Arbitrum
Bridge Hack
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is AFX Bridge?
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 the blockchain, AFX delivers a professional-grade Perp DEX environment characterized by sub-100ms finality, institutional liquidity, and unmatched capital efficiency. AFX fees are generated from perpetual trading activity, excluding funding, with non-protocol allocations including referral rebates, trader rewards, Points Program rewards, and other incentive distributions. The Points Program rewards trading activity, AFX LP Vault participation, and Guild activity. See https://docs.afx.xyz and https://medium.com/@AFXTrade for more details.
What is AFX Bridge's TVL?
AFX Bridge currently has $24.18m in total value locked. TVL has increased 18.9% over the past 30 days.
What chains does AFX Bridge operate on?
AFX Bridge operates on Arbitrum. Arbitrum holds the largest share at 100%.
Has AFX Bridge ever been exploited?
AFX Bridge has 1 recorded security incident. The most recent incident occurred on July 22, 2026 and involved $24.15m. It was classified as Infrastructure.