what's StandX?
StandX is a decentralized perpetual futures exchange (perpDEX) on the BNB Chain, developed by former Binance Futures and Goldman Sachs alumni. It focuses on delivering efficient, low-fee perpetual trading while integrating yield generation directly into the trading experience. The platform supports high-leverage positions, seamless Web3 wallet integration, and advanced risk management tools, aiming to bridge the gap between centralized exchange usability and DeFi's transparency and security. Central to StandX is DUSD, a permissionless USD-pegged stablecoin that automatically accrues yield from protocol fees and hedging strategies. Users deposit collateral in DUSD to trade perps, with interest compounded continuously and distributed periodically, turning idle margin into passive income without additional steps. This design enhances capital efficiency, allowing traders to maintain positions while earning returns, and positions StandX as an innovative solution for yield-optimized DeFi trading.
StandX implemented tiered rewards, reached $267M volume, added 40x ETH leverage, and noted as a perp DEX.
Implemented a tiered rewards distribution system where new users begin earning yield on the cycle following their entry (T+1), while existing holders receive immediate rewards on newly minted positions.
Reached $267M in daily trading volume.
Co-founder appeared in a video interview or content piece published on January 10, 2026.
Added ETH trading with 40x leverage on mainnet.
Plans to deploy on Arbitrum and Base following the initial launches.
Trading competition for ARS vs LIV match is live on GetPredApp with a $2,000 prize pool and $500 community rewards, with market opening on January 7, 2026 at 22:15 UTC and match starting January 8, 2026 at 20:00 UTC.
Characterized as requiring low capital with medium-high upside asymmetry for farming perp points compared to other perpetual DEXs.
Distributes 5 million tokens monthly to makers who place limit orders within 10 basis points of market price on both bid and ask sides, with rewards based on order size and uptime duration.
Currently has only the BTC-USD market open for trading as of January 6, 2026.
Offers Discord role rewards for traders with 500+ points (Active Trader role, claimable before 2026-01-06) and 5000+ points (Hardcore Trader role, no deadline).
Featured in a video interview with co-founder published by AltCryptoGems on December 27, 2025.
Daily trading volume ranged between $1M and $15M over the last 60 days (as of 2025-12-26).
TGE scheduled for Q1 2026.
Reached over 200,000 users.
Fake phishing ads impersonating StandX appear at the top of Google search results, designed to drain user wallets through malicious transaction signatures.
Trading campaign goes live, with the native stablecoin offering 6% APY while remaining liquid.
Project received a Solana Foundation grant, with one of the largest DUSD liquidity pools now live on mainnet.
Mainnet launch completed, with team hosting livestream on December 17, 2025 at 1PM UTC.
standXofficial, a perpetual trading platform, announced a creator campaign on kaito.
The project team is claimed to be the same as Binance Futures team, positioning itself as ASTER's main competitor.
Trust Wallet collaboration confirmed, expanding wallet integration partnerships beyond the previously announced Binance Wallet extension.
Polymarket shows expected FDV above $1 billion for the project.
Integration with Kaito Earn platform launches with 0.25% of total token supply allocated to top 200 creators and Kaito ecosystem across multiple seasons. Season 1 runs December 10, 2025 to January 10, 2026 with 0.05% of supply allocated, offering 10% points boost for first month and 5% ongoing through Kaito referrals.
Partnership with KaitoAI established, with backing confirmed from Solana ecosystem.
Points Campaign launches with multiple earning mechanisms including retroactive points, LP rewards, swap rewards, and referral bonuses in addition to the 10% Binance Wallet bonus.
An airdrop campaign offers 10% bonus points for users of Binance Wallet Extension (Keyless) until January 7th. Points are earned through trading volume.
Leaderboard goes live with additional reward details to be announced. (ID: 1996207070614573084)
Platform enables withdrawals and launches vaults, with boosted rewards running for two weeks before the Grand Trading Campaign begins.
Mainnet campaign offers 1.5x boost on all $DUSD points for 2 weeks.
Mainnet Thanksgiving Campaign starts November 27 offering 1.5x points per day for deposited $DUSD, 5% swap and referral rewards, with LP options on PancakeSwap and Raydium. TVL reaches $183M+ on PancakeSwap with Solana Foundation backing.
Co-Founder Aaron Gong previously served as Binance Futures Lead at Binance. The project positions itself as an Aster competitor.
Mainnet launches with integration into Binance Wallet Extension plugin. Thanksgiving Campaign goes live.
New DUSD pool launches on Pendle with January 29th maturity date.
The project faces accusations of buying fake followers (100K bots added to 37K base) and artificially inflating engagement with 1K+ fake retweets per post.
DUSD goes live on Equilibria platform with 250% vePENDLE boost and 5x Makina Points rewards for depositors.
Dialectic starts actively managing DUSD next week through Makina's DeFi execution engine as the first professional Operator on the platform, utilizing fully non-custodial, cross-chain infrastructure with institutional-grade risk controls.
Pre-deposit program closes soon, and a free Stander NFT with perks is available to claim on a first-come-first-served basis.
TVL crosses $200m following the launch of $DUSD, with perpetuals trading across BNB Chain and Solana.
TVL has doubled for yield-bearing stablecoin $DUSD. The team plans to reward early participants who find secret codes during the ID claiming process, similar to Plasma's reward approach.
Users are claiming StandX IDs through an active claiming mechanism.
DUSD experiences no severe volatility during recent $19 billion crypto market crash, with stability attributed to its built-in funding rate yields design that allows market makers to hold liquidity without staking requirements.
New dUSDC pool launches on Penpie with 7% APY and 3x Dolomite Points rewards