24h Volume
$648M
-14.2% 24hOpen Interest
$102M
Fee
Mar 2026 — May 2026 · 83 days
Orderbook perp DEX offering leveraged trading with an emphasis on transparency and full on-chain settlement.
Q1 2026
Active multi-stage points farming. DUSD yield-bearing stablecoin live. Governance token TGE unannounced. Pre-TGE.
Daily points for holding DUSD
Multi-stage points since Apr 2025. Mainnet live. Daily volume $100M+. DUSD stablecoin live (not governance token).
Ex-Binance Futures leadership
StandX is a multi-chain orderbook perpetual DEX built by former Binance Futures leadership, emphasizing transparency through full on-chain settlement. Launched in November 2024, it combines centralized exchange expertise with decentralized custody principles.
The platform offers 10 markets with up to 25x leverage, charging 0.01% maker and 0.04% taker fees. USDC serves as the sole collateral type. While the current market selection is limited, the team's Binance Futures background suggests an understanding of what professional traders need from an exchange.
StandX's notable innovation is DUSD, a yield-bearing stablecoin that earns rewards for holders while serving as a collateral option. Daily volume has exceeded $100 million, demonstrating meaningful traction despite the early stage. The multi-stage points program rewards DUSD holders, PancakeSwap LPs (with 1.1-1.4x boosts), and active traders (10% of volume converts to bonus points).
The platform remains pre-TGE with no confirmed governance token launch date. The unaudited status is a consideration for risk-conscious users, though the team's institutional background provides some assurance of technical competency.
StandX appeals to traders who value the team's centralized exchange pedigree and want early access to a platform built by people who understand high-performance trading infrastructure from the inside.
