1/ A noteworthy project that merges PerpDEX and stablecoins.
That is StandX(@StandX_Official)🔥
A completely new form of PerpDEX that combines "Hyperliquid's trading experience × Ethena's yield model," which accrues interest.
It seems like we need to make a strong start, so let's go all out!
Continuation below👇
2/ What is StandX?
- A DEX where you can trade using the yield-bearing stable "DUSD" as collateral.
→ Interest accrues even if you don't trade.
- The core team consists of members from the Binance Futures founding team and Goldman Sachs.
The CEO is a former head of Binance's futures business and has a background at CME.
- Despite being before the Perp launch, it recorded the highest TVL on the BNB Chain.
- Completely self-developed and operated with self-funding, not swayed by short-term profits.
3/ Why is it attracting attention?
Now that Aster has set a precedent by showing that "you can create volume without rushing the TGE," StandX is also trying to connect "liquidity (DUSD) × trading volume (Perp)" in a short period of time.
Furthermore, $DUSD is an interest-bearing stablecoin that automatically accrues yield just by swapping USDT or USDC 1:1 and keeping it in your wallet.
There is no need for complex staking or farming, and yields are reflected on a weekly cycle, making it very effective in ensuring that "idle funds do not go to waste."
Additionally, it is deployed on both the Solana and BSC chains, attracting attention with its simple and easily scalable design.
4/ Future Schedule
・October: PerpDEX public test or limited release
・November: General launch (pair additions, leverage expansion, UI/UX adjustments)
・December: "Trading rewards" release = possibility of token distribution
With this pace, there is a possibility of reward release by the end of the year, which could serve as a final lifeline for those who missed the PerpDEX trend.
6/ The combination with Titan is trending
What is rapidly becoming a hot topic in the TL and community is the combination of "StandX's DUSD × Titan's swap rewards."
Titan (@Titan_Exchange) is a meta DEX aggregator gaining attention on Solana, automatically searching for the best prices across multiple DEXs, allowing transactions with zero swap fees.
Additionally, rewards are expected based on usage performance.
8/Summary
・StandX's $DUSD is a stablecoin that earns yield just by holding it.
・PerpDEX is scheduled to launch in October.
・By combining with Titan, you can gain double benefits with the same capital.
That's why many people are currently discussing that "you should get involved early."
Additionally, StandX is set to launch the trending PerpDEX in October, making it a project that incorporates the two hottest themes right now: stablecoins and PerpDEX.
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