Regarding StandX’s decision not to proceed with a TGE, I want to speak to everyone with complete candor.
Without any external VC funding, our TVL reached a peak of $200 million. While our team delivered achievements worth being proud of, we still fell short of our ambition to become a top 3 perps dex.
Given our current fundamentals, we technically could push forward with launching a token. However, launching a token primarily on the back of short term speculation without delivering sustainable long term value ultimately leaves the cost for our users and community to bear. Doing so would be irresponsible, both to our community and to our team, and it goes against my personal values.
Most of our past revenue has already been passed back to users through SIP-2 and SIP-3 subsidies. For this upcoming airdrop, beyond utilizing our remaining project treasury, I will also personally contribute funds to do everything I can to give back to the community that supported us along the way.
All user funds are completely safe and DUSD is fully collateralized. We will ensure an orderly wind down and clearly publish specific arrangements regarding fund withdrawals, airdrops, and service sunset dates.
Thank you to every single user and team member. I deeply regret that we couldn't reach where we set out to go. You can trust that this final bittersweet process will be handled cleanly and professionally. Thank you, one final time, for your support throughout this journey and for standing with us.
这次 StandX不进行TGE的决定,我想坦诚地和大家说几句。
在没有外部资本加持的情况下,我们的 TVL 最高达到过 2 亿美元。团队做出了值得肯定的成绩,但仍未达到我们进入行业前三的预期。
以目前项目的基本面,我们确实可以继续发币。但如果无法兑现长期价值,靠发币和短期炒作获利,就是把代价留给用户和社区。这对外、对内都不负责任,也不符合我的价值观。
过去的大部分收入,已经通过 SIP-2 / SIP-3 补贴给了用户。这次空投,除了项目账上的盈余,我也会个人出资,尽力回馈一路支持我们的社区。
所有用户资金都是安全的。我们会确保有序关停,并明确公布资金提取、空投和各项服务停止的具体安排。
感谢每一位用户和团队成员。没能走到预期的位置,我很遗憾。我们会尽力把最后的事情做好。
Stand.
Without any external VC funding, our TVL reached a peak of $200 million. While our team delivered achievements worth being proud of, we still fell short of our ambition to become a top 3 perps dex.
Given our current fundamentals, we technically could push forward with launching a token. However, launching a token primarily on the back of short term speculation without delivering sustainable long term value ultimately leaves the cost for our users and community to bear. Doing so would be irresponsible, both to our community and to our team, and it goes against my personal values.
Most of our past revenue has already been passed back to users through SIP-2 and SIP-3 subsidies. For this upcoming airdrop, beyond utilizing our remaining project treasury, I will also personally contribute funds to do everything I can to give back to the community that supported us along the way.
All user funds are completely safe and DUSD is fully collateralized. We will ensure an orderly wind down and clearly publish specific arrangements regarding fund withdrawals, airdrops, and service sunset dates.
Thank you to every single user and team member. I deeply regret that we couldn't reach where we set out to go. You can trust that this final bittersweet process will be handled cleanly and professionally. Thank you, one final time, for your support throughout this journey and for standing with us.
这次 StandX不进行TGE的决定,我想坦诚地和大家说几句。
在没有外部资本加持的情况下,我们的 TVL 最高达到过 2 亿美元。团队做出了值得肯定的成绩,但仍未达到我们进入行业前三的预期。
以目前项目的基本面,我们确实可以继续发币。但如果无法兑现长期价值,靠发币和短期炒作获利,就是把代价留给用户和社区。这对外、对内都不负责任,也不符合我的价值观。
过去的大部分收入,已经通过 SIP-2 / SIP-3 补贴给了用户。这次空投,除了项目账上的盈余,我也会个人出资,尽力回馈一路支持我们的社区。
所有用户资金都是安全的。我们会确保有序关停,并明确公布资金提取、空投和各项服务停止的具体安排。
感谢每一位用户和团队成员。没能走到预期的位置,我很遗憾。我们会尽力把最后的事情做好。
Stand.
We have an important update to share.
StandX will airdrop $DUSD with no lockup and will not proceed with a token launch.
Airdrop claims open November 1 and close December 31. Perps moves to Reduce-Only on October 20. Positions close January 15.
Withdrawals and redemptions ll announcement article in the next tweet.
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AG retweeted
PERPDEX NIGHT is coming to Seoul 🇰🇷
October 1st, 6:00 to 9:30 PM.
If you’re in Korea, come meet us there for trading battles, market insights and more with @071_labs, @risechain and @TurboFlow_xyz.
October 1st, 6:00 to 9:30 PM.
If you’re in Korea, come meet us there for trading battles, market insights and more with @071_labs, @risechain and @TurboFlow_xyz.
PERPDEX NIGHT — Pick Your PerpDEX
Join: luma.com/lplcwljs
Three PerpDEXs.
Live Trading Battles.
Interactive Audience Challenges.
One Night Built for Traders.
Thrilled to Announce RISEx· StandX·TurboFlow Come Together for an Interactive Night of Project Keynotes, Market Battles, Audience Games, Rewards, and Networking!
Date: 6:00–9:30 PM, October 1st(THU),
Battle Field : SJ KUNSTHALLE, Seoul
Address : 서울 강남구 언주로148길 5
FEATURING
StandX (@StandX_Official)
Universal Markets. Universal Yield.
RISEx (@risechain)
Fully On-Chain Perpetual Trading, Built on RISE Chain.
TurboFlow (@TurboFlow_xyz)
Perps and Ultra-Fast Event Contracts, Built for the Next Generation of On-Chain Traders.
But this is not a Night where you simply Sit and Watch.
The Audience Gets in the Game.
WHAT’S HAPPENING
PROJECT KEYNOTES
RISEx, StandX, and TurboFlow each Take the Stage to Present Their Vision, Products, and Next Steps.
PERPDEX PANEL TALK
The Three Teams Come Together to Discuss their Products, the Current Market, and the Future of Onchain Perpetual Trading.
RISEx × StandX LIVE TRADING BATTLE
Watch Traders Compete Live Onstage, with Real-Time Trades and PnL Displayed on Screen.
Selected Attendees will also have the Chance to Step into the Arena and Join the Action.
AUDIENCE PRICE CHALLENGE
Two Traders Set Their Target Prices.
Pick the Side you Believe will Finish Closer to the Final Market Price—and Move to that Zone.
Choose Correctly to Stay In.
Choose Wrong, and You’re Out.
TURBOFLOW UP / DOWN BATTLE
Thirty-Second Rounds.
Up or Down.
Pick a Side, Move with the Crowd, and Survive Round after Round until Only One Winner Remains.
AWARDS, RAFFLE & NETWORKING
Battle Winners will be Recognized Onstage, followed by an Onsite Raffle and Open Networking with the Teams and Community.
HOSTED BY
071Labs
MEDIA PARTNERS
CoinNess(coinness.com)
TokenPost(tokenpost.kr)
Blockmedia(blockmedia.co.kr)
Pick Your PerpDEX
Read the Market
Choose a Side
Or Step into the Arena Yourself
See You at PerpDEX NIGHT during KBW 2026
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We’re heading to @ETHGlobal Tokyo 🇯🇵
If you’re around and want to meet the StandX team, our DMs are open.
See you in Japan.
If you’re around and want to meet the StandX team, our DMs are open.
See you in Japan.
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Patience is the ultimate edge in this market, and the real alpha takes time to build.
Stand.
Stand.
Our SLP vault delivered strong results over the past 30 days, with roughly 92K DUSD added during the period and total realized PnL reaching 486,472.99 DUSD, equivalent to about 5.1% annualized.
Interested? You can try it or verify the data here: standx.com/perps/vaults/d…
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Security reminder for Standers🔐
No formal TGE information has been shared by email or across social media.
Only trust announcements from this Twitter account and official announcements in our Discord and Telegram.
Do not click suspicious links or share wallet details, private Stay alert. Stay safe. Stay standing.
No formal TGE information has been shared by email or across social media.
Only trust announcements from this Twitter account and official announcements in our Discord and Telegram.
Do not click suspicious links or share wallet details, private Stay alert. Stay safe. Stay standing.
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The future is composable finance at scale.
From SIP-5A Community Maker Yield to SIP-5B Community Vaults, StandX is steadily building toward SIP-5 Universal Markets and a world where 1,000,000 markets can bloom.
Our partnership with @sparkfinance strengthens the foundations for while opening new opportunities to expand across the Ethereum ecosystem.
Capital, yield and markets are becoming one seamless system.
Stand tall, spark change.
From SIP-5A Community Maker Yield to SIP-5B Community Vaults, StandX is steadily building toward SIP-5 Universal Markets and a world where 1,000,000 markets can bloom.
Our partnership with @sparkfinance strengthens the foundations for while opening new opportunities to expand across the Ethereum ecosystem.
Capital, yield and markets are becoming one seamless system.
Stand tall, spark change.
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RT @StandX_Official: StandX XAU-USD 10 bps order book depth has surpassed 10M+ !
This puts @StandX_Official ahead of leading Perp DEX ven…
This puts @StandX_Official ahead of leading Perp DEX ven…
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👏
The best of onchain finance gets built together.
@sparkfinance brings deep liquidity and specialist DeFi infrastructure. StandX brings native perps and, through SIP-5, permissionless markets, soon spanning a wide universe of trading pairs anyone can create.
As DUSD keeps expanding across new use cases, there's a lot more we can build with Spark ahead.
Composable by design. Stronger onchain markets ahead.
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Hong Kong, come find us🇭🇰
The StandX booth is open at @MoneyFrontierhk.
Stop by for a chat, meet the team and pick up some free exclusive StandX merch while supplies last.
The StandX booth is open at @MoneyFrontierhk.
Stop by for a chat, meet the team and pick up some free exclusive StandX merch while supplies last.
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Looks super clean 🔥 How can community standers cop these?
@stacy_muurt teams are fighting for the same users across the same 500 markets.
our answer is to expand the market itself: build the next generation of perps for 1,000,000 universal markets.
i wrote the criminally long answer here:
x.com/jimmyitsopen/s…
if you survive to the end, we’inted standx souvenir.
maybe the “add more liquidity” bottle. you’ll need the water/liquidity halfway through.
gallery.standx.org/merch
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StandX is working with @sparkfinance as we explore expansion to Ethereum.
Spark provides specialist DeFi infrastructure with deep liquidity that lets protocols compose instead of rebuilding every layer.
Native perps🤝Specialist infrastructure 🤝Composable markets
Spark provides specialist DeFi infrastructure with deep liquidity that lets protocols compose instead of rebuilding every layer.
Native perps🤝Specialist infrastructure 🤝Composable markets
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.@StandX_Official is bringing a new class of trading primitives with SIP-4, giving traders more ways to trade on BNB Chain.
Over $40M in notional volume has been recorded to date as activity continues to grow.
Note: This post is for informational purposes only and not financial advice. DYOR.
x.com/StandX_Officia…
Over $40M in notional volume has been recorded to date as activity continues to grow.
Note: This post is for informational purposes only and not financial advice. DYOR.
x.com/StandX_Officia…
StandX is opening up a new class of trading primitives on @BNBCHAIN.
Built on top of SIP-1, SIP-4 introduces DeFi's first American-style options on perpetuals - together they've already recorded $37M+ in onchain volume, all posted, matched, and settled natively on BSC.
Not a -new primitive built for BNB Chain:
🔶 Block TP: Sell the right for someone to take the other side at your target price. Monetize your exit.
🔶 Block SL: Flexible protection, without a forced stop-loss trigger.
What we've shipped on BSC so far:
• $94M+ $DUSD supply (TVL)
• $318M+ cumulative DUSD minted
• $40M+ notional volume matched on-chain across SIP-1 & SIP-4
• 19K+ DUSD holders
• #1 pool on @PancakeSwap for 3 straight months
Next up: SIP-5 Universal Markets. Anyone can list, fund, and scale a market: perps, prediction, spot, you name it.
Fully onchain and built to stand on BNB Chain.
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AG retweeted
Enter SIP-5A: The first pillar of SIP-5 Universal Markets
The Maker Uptime Program will evolve into Community Maker Yield.
Real orderbook liquidity will earn daily in solana:DUSDt4AeLZHWYmcXnVGYdgAzjtzU5mXUVnTMdnSzAttM ,StandX token allocation, or both.
Universal
Study: docs.standx.com/sip/sip-5a-com…
The Maker Uptime Program will evolve into Community Maker Yield.
Real orderbook liquidity will earn daily in solana:DUSDt4AeLZHWYmcXnVGYdgAzjtzU5mXUVnTMdnSzAttM ,StandX token allocation, or both.
Universal
Study: docs.standx.com/sip/sip-5a-com…
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AG retweeted
StandX is top 4 now.
With the latest SIP-5 Universal Markets proposal, here is the simple way to understand @StandX_Official:
StandX is the productive collateral layer for universal onchain markets, bringing universal markets with universal yield.
DUSD turns idle trading -bearing collateral: the unified asset powering perps, block liquidity, and permissionless market creation across BNB and Solana.
One collateral threads every layer, so holders, traders, and market makers all compound through the same productive asset.
Built by core team members from Binance Futures and Goldman Sachs, StandX reached 235K+ users, $100M+ TVL, ~$700M daily volume, and ~$350M FDV in pre-market trading in its first year, with no prior VC funding.
10-person team.
Roughly one SIP per month.
Each designed from first principles.
Do not be a follower.
Be a Stander.
With the latest SIP-5 Universal Markets proposal, here is the simple way to understand @StandX_Official:
StandX is the productive collateral layer for universal onchain markets, bringing universal markets with universal yield.
DUSD turns idle trading -bearing collateral: the unified asset powering perps, block liquidity, and permissionless market creation across BNB and Solana.
One collateral threads every layer, so holders, traders, and market makers all compound through the same productive asset.
Built by core team members from Binance Futures and Goldman Sachs, StandX reached 235K+ users, $100M+ TVL, ~$700M daily volume, and ~$350M FDV in pre-market trading in its first year, with no prior VC funding.
10-person team.
Roughly one SIP per month.
Each designed from first principles.
Do not be a follower.
Be a Stander.
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What makes StandX the most rewarding perp DEX to trade on?
I built a comparison site for perpetual DEXs. It turns out StandX rewards traders the most, paying 8.74% right now with no conditions or staking.
Most rankings focus on volume, tokens, or KOL hype. That’s not the metric traders actually care about.
Only two things really move your trading cost: fee per trade, and whether the platform shares revenue with you.
Check it out: perp-dex-comparison.vercel.app
I built a comparison site for perpetual DEXs. It turns out StandX rewards traders the most, paying 8.74% right now with no conditions or staking.
Most rankings focus on volume, tokens, or KOL hype. That’s not the metric traders actually care about.
Only two things really move your trading cost: fee per trade, and whether the platform shares revenue with you.
Check it out: perp-dex-comparison.vercel.app
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