what's Aftermath Finance?
Aftermath Finance is a decentralized exchange (DEX) and trading platform built on the Sui blockchain, designed to combine the security of self-custody with the user-friendly experience of centralized exchanges. It enables seamless swapping, perpetual trading, staking, and liquidity provision through intuitive interfaces and advanced infrastructure like MEV protection. The protocol emerged in response to past DeFi shortcomings, such as unsustainable tokenomics and unstable architectures, aiming to provide reliable on-chain trading tools including vaults, NFTs for incentives like Eggs, and features like afSUI staking. Users maintain full control of assets while benefiting from high-speed execution and smart liquidity management.
Aftermath Finance launched Epoch 4 with 50,000 SUI incentives for makers, takers, and afLP.
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Launched Epoch 4 with 50,000 SUI in incentives distributed over 2 weeks (ending approximately April 14, 2026) across maker, taker, and afLP participants.
Reached over $40 million in total volume within the first 30 days of operation.
Maintains approximately $200,000 in average daily open interest.
Processed 805,000+ perpetual futures transactions in the 7-day period ending March 22, 2026, representing 2.7% of all Sui network transactions.
Gas burn share nearly doubled from approximately 2% to 4% within the week ending March 22, 2026.
Integrated with USDsui, Sui's native stablecoin issued by Bridge, which launched on mainnet on March 6, 2026.
Perps product accounts for nearly 6% of Sui Network activity, up from 0.6% of transactions within one week.
Added new trading pairs on 2026-02-28.
Burns 30-40 SUI per day through Perps.
Uses a fee-aware toxicity system that scores transaction patterns and fee urgency to penalize toxic flow, with extra fees redistributed to makers as rebates.
Launches 50,000 SUI incentive program (Feb 19 - Mar 5, 2026) for BTC trading pairs and a liquid SUI incentive program Mar 16, 2026, distributing 50,000 SUI bi-weekly to perps makers, takers, afLP depositors, and Tread users. afLP liquidity pool generates 20% APY; Epoch 2 rewards program ends Mar 15, 2026.
Integrated support for suiUSDe, Ethena's synthetic dollar, enabling margin trading, lending, and leveraged DeFi workflows on Sui Network.
Offers 10 live perpetual markets, including US500 and WTI, with Brent, WTI, Ural oil price feeds. Half of markets are RWAs (gold, silver), with additional RWA markets launching week of March 4, 2026.
Achieved total DeFi TVL of $930 million or more as of late 2025.
Reached average daily DEX volume of $409 million in 2025, representing 232% year-over-year growth.
Integration with Jumper enables users to access the platform through a multi-chain DEX aggregator that consolidates DEXs across multiple blockchains including Sui and Solana.
New incentives and points are now live for users depositing USDC for afLP.
Launched non-custodial 1-click trading, including the AF100 Equities market, with SlushWallet integration for USDC transactions without SUI. Added dynamic gas functionality for fees in any asset and integrated Sphere Labs for direct fiat onramping, wallet creation via Gmail/Twitch, and USDC gas.
USDC deposits open for Perps mainnet launch with Mayan providing cross-chain bridging functionality from any chain to Sui.
Launched perpetuals, opening pre-deposits, with afLP deploying almost half its TVL into 4 markets in 10 days as largest market maker. Ported agent-cli toolkit, enabling 14 automated trading strategies, and integrated 22 AI trading skills from the Senpi skills library for perpetuals.
Aftermath Finance participates in a live event on November 20 alongside Zofai, Bluefin, Astros, and FlowX to showcase perpetuals trading on Sui.
The official X (Twitter) account is compromised and users are warned not to interact with it until restoration.
Scallop Swap integrates Aftermath alongside FlowX, 7K, Cetus, and Okxdex DEXs for aggregated liquidity routing and optimal swap rates on Sui Network.
Aftermath Finance receives and utilizes audit credits provided by Mysten Labs for Sui ecosystem teams.
Aftermath Finance operates ShMonad validator powered by 0xFastLane for $MON token staking.
Protocol plans to move components off-chain in response to new Sui/Mysten Labs policy requiring teams to open source code and add to move registry for incentive eligibility.
Pack purchaser rewards distributed in single batch instead of 2-year schedule, sourced from Future Incentives pool rather than Community pool.
Bluefin integration goes live on Sui blockchain, adding new liquidity source.
Enhanced LP rewards program (3x points) implemented with LBTC partnership offering $1M-$5M in additional incentives.
TVL increases 36.9% over 30 days, ranking 4th highest growth rate among Sui protocols
Risk Warning: Seller of image-only NFTs emphasizes zero project affiliation or utility value.
Cross-chain swap functionality launches with Wormhole integration.
Platform engagement metrics potentially manipulated through wash trading practices.
Perpetual futures spreads tightened, enabling profitable cross-DEX arbitrage for market makers on Sui DEXes. One bot previously generated $200k+ in profits before discontinuation.
Discussed in context of SUI token performance, specifically regarding AftermathFi Eggs being highlighted as a potential investment opportunity.
Launched on-chain, order book-based perps exchange on Sui Network, integrated with Pyth Network, offering 5x leverage. Supports atomic transaction execution (PTB) to cancel stale orders and place new grids in a single transaction, eliminating intermediate unquoted states during refreshes.