things I look for in an early perp dex:

❌ VC overhang
❌ private round unlocks
❌ MM / CEX buckets waiting above the chart

what caught my eye on AFX:
✅ 0 VC
✅ 0 private round
✅ 0 MM carve-out
✅ community-first allocation
✅ mainnet already live

when the cap table looks clean, you’re at least trading WITH the early community, not directly into an insider unlock wall.

https://app.afx.xyz/?src=bn