News Heat Trend
Project Overview
StandX is a perpetual DEX that enables users to trade with yield-earning margins. DUSD is StandX's first product - a yield-bearing stablecoin.
Polymarket's "StandX will issue a token before the end of 2026" probability drops to 3%, a 58% decline in 24 hours
PPP Prediction Market Tool monitoring shows that Polymarket's "StandX will issue a token before the end of 2026" probability has dropped to 3%, a 58% decline in 24 hours.If StandX officially launches a token before 11:59 PM ET on the date specified in the title, the prediction market will resolve as "Yes"; otherwise, it will resolve as "No."Only tokens officially issued by StandX qualify; stablecoins, meme coins, liquid staking tokens (LSTs), and synthetic tokens do not count.The token must have been publicly launched and be actually tradable; merely publishing an announcement does not meet the resolution criteria.Resolution is primarily based on StandX official information, with reference to consensus reports from credible media.Previous news: StandX announced it will not issue a token, and perpetual contracts will enter reduce-only mode starting October 20.Join the PPP signal push community to stay one step ahead and seize the initiative.
StandX Announces It Will Not Issue a Token, Perpetual Contracts to Enter Reduce-Only Mode Starting October 20
Odaily News: StandX officially announced on X that it will airdrop DUSD to users. The airdrop will have no lock-up period, and the platform will not conduct a token issuance. The airdrop claim window will open on November 1 and close on December 31.In addition, StandX's perpetual contract business will switch to reduce-only mode starting October 20. All positions will be closed on January 15, 2027, and withdrawal and redemption services will be shut down on January 31, 2027. The team stated that a full announcement detailing the specific arrangements will be released later.
Airdrop query page is now live, StandX supports checking airdrop eligibility and allocation amounts
StandX announced on X that the airdrop query page is now live. Standers can now check whether they are eligible for the airdrop and their corresponding airdrop allocation amounts.
Polymarket's "StandX will issue a token before the end of 2026" probability drops to 3%, a 58% decline in 24 hours
PPP Prediction Market Tool monitoring shows that Polymarket's "StandX will issue a token before the end of 2026" probability has dropped to 3%, a 58% decline in 24 hours.If StandX officially launches a token before 11:59 PM ET on the date specified in the title, the prediction market will resolve as "Yes"; otherwise, it will resolve as "No."Only tokens officially issued by StandX qualify; stablecoins, meme coins, liquid staking tokens (LSTs), and synthetic tokens do not count.The token must have been publicly launched and be actually tradable; merely publishing an announcement does not meet the resolution criteria.Resolution is primarily based on StandX official information, with reference to consensus reports from credible media.Previous news: StandX announced it will not issue a token, and perpetual contracts will enter reduce-only mode starting October 20.Join the PPP signal push community to stay one step ahead and seize the initiative.
StandX Founder: Forcing a Token Launch Goes Against Our Values; I Will Personally Contribute to the Airdrop
Odaily News: StandX co-founder and CEO Aaron Gong posted on X, stating: "Regarding this decision for StandX not to conduct a TGE, I want to be candid with everyone. Without external capital backing, our TVL reached a peak of $200 million. The team has achieved commendable results, but we still fell short of our expectation of entering the industry's top three. Based on the project's current fundamentals, we could indeed proceed with a token launch. But if we cannot deliver long-term value and instead profit through token issuance and short-term speculation, we would be leaving the cost to our users and community. That would be irresponsible both externally and internally, and it goes against my values. Most of our past revenue has already been distributed to users through SIP-2 / SIP-3 subsidies. For this airdrop, in addition to the surplus on the project's books, I will also contribute personally to give back as much as possible to the community that has supported us all along. All user funds are safe. We will ensure an orderly wind-down and clearly announce the specific arrangements for fund withdrawals, the airdrop, and the cessation of all services. Thank you to every user and team member. I regret that we could not reach the position we had hoped for. We will do our best to finish things properly."
StandX Announces Halt on Token Issuance and Phased Shutdown of Operations, Will Conduct One-Time DUSD Airdrop to Community
According to official announcements, decentralized derivatives trading platform StandX has decided to gradually wind down operations following a strategic evaluation of its business and market environment, and has opted not to launch a native platform token. As a gesture of appreciation to the community, the platform will utilize all remaining revenue and additional capital injected by the team to distribute a one-time DUSD airdrop with no lock-up period. Eligibility for the airdrop will go live at 00:00 UTC on October 26, with the claiming period running from 00:00 on November 1 to 08:00 on December 31. Any unclaimed allocations will be forfeited if not redeemed within the designated timeframe.
StandX Announces It Will Not Issue a Token, Perpetual Contracts to Enter Reduce-Only Mode Starting October 20
Odaily News: StandX officially announced on X that it will airdrop DUSD to users. The airdrop will have no lock-up period, and the platform will not conduct a token issuance. The airdrop claim window will open on November 1 and close on December 31.In addition, StandX's perpetual contract business will switch to reduce-only mode starting October 20. All positions will be closed on January 15, 2027, and withdrawal and redemption services will be shut down on January 31, 2027. The team stated that a full announcement detailing the specific arrangements will be released later.
Related news
Airdrop query page is now live, StandX supports checking airdrop eligibility and allocation amounts
StandX announced on X that the airdrop query page is now live. Standers can now check whether they are eligible for the airdrop and their corresponding airdrop allocation amounts.
Polymarket's "StandX will issue a token before the end of 2026" probability drops to 3%, a 58% decline in 24 hours
PPP Prediction Market Tool monitoring shows that Polymarket's "StandX will issue a token before the end of 2026" probability has dropped to 3%, a 58% decline in 24 hours.If StandX officially launches a token before 11:59 PM ET on the date specified in the title, the prediction market will resolve as "Yes"; otherwise, it will resolve as "No."Only tokens officially issued by StandX qualify; stablecoins, meme coins, liquid staking tokens (LSTs), and synthetic tokens do not count.The token must have been publicly launched and be actually tradable; merely publishing an announcement does not meet the resolution criteria.Resolution is primarily based on StandX official information, with reference to consensus reports from credible media.Previous news: StandX announced it will not issue a token, and perpetual contracts will enter reduce-only mode starting October 20.Join the PPP signal push community to stay one step ahead and seize the initiative.
StandX Founder: Forcing a Token Launch Goes Against Our Values; I Will Personally Contribute to the Airdrop
Odaily News: StandX co-founder and CEO Aaron Gong posted on X, stating: "Regarding this decision for StandX not to conduct a TGE, I want to be candid with everyone. Without external capital backing, our TVL reached a peak of $200 million. The team has achieved commendable results, but we still fell short of our expectation of entering the industry's top three. Based on the project's current fundamentals, we could indeed proceed with a token launch. But if we cannot deliver long-term value and instead profit through token issuance and short-term speculation, we would be leaving the cost to our users and community. That would be irresponsible both externally and internally, and it goes against my values. Most of our past revenue has already been distributed to users through SIP-2 / SIP-3 subsidies. For this airdrop, in addition to the surplus on the project's books, I will also contribute personally to give back as much as possible to the community that has supported us all along. All user funds are safe. We will ensure an orderly wind-down and clearly announce the specific arrangements for fund withdrawals, the airdrop, and the cessation of all services. Thank you to every user and team member. I regret that we could not reach the position we had hoped for. We will do our best to finish things properly."
StandX Announces Halt on Token Issuance and Phased Shutdown of Operations, Will Conduct One-Time DUSD Airdrop to Community
According to official announcements, decentralized derivatives trading platform StandX has decided to gradually wind down operations following a strategic evaluation of its business and market environment, and has opted not to launch a native platform token. As a gesture of appreciation to the community, the platform will utilize all remaining revenue and additional capital injected by the team to distribute a one-time DUSD airdrop with no lock-up period. Eligibility for the airdrop will go live at 00:00 UTC on October 26, with the claiming period running from 00:00 on November 1 to 08:00 on December 31. Any unclaimed allocations will be forfeited if not redeemed within the designated timeframe.
StandX Announces It Will Not Issue a Token, Perpetual Contracts to Enter Reduce-Only Mode Starting October 20
Odaily News: StandX officially announced on X that it will airdrop DUSD to users. The airdrop will have no lock-up period, and the platform will not conduct a token issuance. The airdrop claim window will open on November 1 and close on December 31.In addition, StandX's perpetual contract business will switch to reduce-only mode starting October 20. All positions will be closed on January 15, 2027, and withdrawal and redemption services will be shut down on January 31, 2027. The team stated that a full announcement detailing the specific arrangements will be released later.