AFX has started operating its dedicated Layer 1 mainnet for decentralized perpetual trading. The launch occurred on May 18, 2026, and introduces specialized infrastructure for high-speed on-chain derivatives.
AFX, a blockchain network built specifically for decentralized derivatives, activated its Layer 1 mainnet on May 18. The system supports perpetual contracts on assets including BTC, ETH, Gold, and Crude Oil, with leverage up to 40 times and zero gas fees for users.
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Robinhood opened the public mainnet for its Arbitrum-based layer-2 blockchain on Wednesday, enabling tokenized stock trading and new decentralized finance products.
BNB Chain is developing a new Layer-1 blockchain designed for autonomous AI agents and high-frequency trading, with a public testnet targeted for late 2026 and mainnet launch set for early 2027.
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Kraken has started offering CFTC-regulated perpetual futures to eligible US customers through its Kraken Pro platform. The contracts are listed on Bitnomial, the exchange acquired by Kraken's parent company Payward.
John Hoffman, the newly appointed head of portfolio products at Ondo Finance, compared the rise of tokenized assets to the early stages of the exchange-traded fund industry. He argued that the convergence of blockchain and artificial intelligence will drive the next phase of growth in capital markets.
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A $292 million exploit on Kelp DAO has shaken decentralized finance (DeFi) lending markets, prompting industry insiders to call for stronger security measures. Despite the setback, experts view it as a temporary hurdle rather than a barrier to institutional adoption. Wall Street firms continue advancing into onchain finance amid the fallout.
Botanix is winding down its Bitcoin-based Layer-2 network, citing insufficient demand for decentralized finance applications. The project set a July 9 deadline for users to withdraw funds.
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LayerZero has acknowledged it made a mistake by allowing its own verifier network to secure high-value assets in a vulnerable setup. The admission comes weeks after a $292 million hack on Kelp DAO that the company had initially blamed on the developer. The firm says its core protocol remained unaffected.