StandX is a decentralized exchange (DEX) focused on perpetual contracts, enabling users to trade with margin while simultaneously generating yield. Positioned within the DeFi ecosystem, it blends derivatives trading with passive income mechanisms, making it one of the most innovative protocols currently emerging in crypto.
Its flagship product is $DUSD, a yield-bearing stablecoin pegged close to $1. Unlike traditional stablecoins, $DUSD automatically distributes real yield to holders without requiring staking or manual actions. Simply holding $DUSD generates rewards, while the token remains usable across DeFi and as margin for perpetual trading.
The project is still in its early phase, pre-deposit campaigns for $DUSD are ending soon, and early users are positioning themselves for a potential airdrop.
*Advertisement.*
How StandX Works
1. Minting $DUSD
Users can mint $DUSD by depositing stablecoins such as USDT or USDC. The stablecoin is fully collateralized by market-neutral assets with hedged risks and no leverage, ensuring stability and safety. A reserve fund and custodial safeguards reinforce this system.
2. Yield Generation
Unlike USDT or USDC, $DUSD generates real yield from staking and funding fees from perpetuals. Rewards are distributed automatically to holders’ wallets, with no extra steps required. This makes it possible to earn passive income while using the asset for trades or liquidity provision.
3. Perpetual Trading
On the StandX perpetual DEX, users can use $DUSD as margin for leveraged trading—up to 50x leverage on assets like BTC and ETH. The unique feature here is that margin itself earns yield while in use, combining trading with farming in a single protocol. This reduces the need for moving funds across different platforms and lowers risks like loss of liquidity.
4. Hybrid Model and Compliance
StandX adopts a hybrid model of yield generation and perpetual trading, designed with regulatory alignment in mind. References to CFTC guidance and U.S. digital asset clarity acts highlight its effort to attract institutional investors. Weekly trading volume on the USDT/DUSD pair has already approached $100M.
5. Early Growth
- Over $100M in TVL within 7 days of launch.
- Market cap: $138M.
Who Is Behind StandX?
The StandX team is made up of veterans from Binance and former employees of Goldman Sachs, combining experience from both traditional finance and crypto trading.
Promotional materials emphasize phrases like “DNA of Binance” and “built by traders, backed by expertise.” While individual founders are not publicly named—a common practice in early DeFi projects—the team highlights its background in trading, scalability, and machine learning applications.
The protocol is marketed as “built for traders”, designed with a professional edge and technical depth.
*Advertisement.*
The Perp DEX Season Context
Currently, the crypto market is experiencing what many call “Perp DEX Season”. Protocols focused on perpetual contracts are booming, with tokens surging in value and user growth accelerating rapidly.
A prime example is Aster, another perpetual protocol that received strong attention, including public mentions from CZ (ex-CEO of Binance). This hype drove the $ASTER token price sharply upward.
As a result, traders and farmers are looking for the next big Perp DEX. While many eyes remain on Aster and similar names, StandX is quietly growing on the BNB Chain and may be the hidden gem of this season.
How to Farm the StandX Airdrop
Although still in its early stage, there are several ways to earn points on StandX, which are expected to count toward a future airdrop:
- Pre-Deposit Campaign
- Runs until October 31, 2025.
- Deposit USDC or USDT to mint $DUSD.
- Swap between these assets to start generating points.
- Liquidity Provision
- On Radium (Solana):
- DUSD/USDT CLMM
- DUSD/USDT CPMM
- On PancakeSwap (BNB Chain):
- DUSD/USDT CLMM
- DUSD/USDC CPMM
- On Radium (Solana):
- Perpetual Trading (Waitlist)
- Trading perps is not yet live.
- Users can join the waitlist to be early adopters once trading is enabled.
Since StandX is still in its initial phase, this is a key moment for airdrop hunters to participate before the broader market catches on.
StandX is quietly growing while the spotlight remains on bigger names. Its TVL has already surpassed $130M, and it shows strong potential for a substantial airdrop in the future.
Being in such an early stage provides a clear advantage for new users. And with the Perp DEX Season in full swing, protocols like StandX could deliver major opportunities. However, speed is critical—crypto moves fast, and if the launch is delayed too long, hype can fade.
As the saying goes: those who arrive early drink the cleanest water.
campaigns could be a highly rewarding move.
Watch our video:
🔗Links
StandX: Official Website
StandX Documentation: Docs
Disclaimer
This is not financial advice. If you decide to interact with the mentioned protocols, you do so at your own risk. Airdrop Guild is not responsible for any potential losses resulting from participation. Always do your own research before engaging with blockchain-based projects.