What is StandX?
StandX is a next-generation Perpetual DEX built on the BNB Chain, developed by an experienced team from Binance Futures and Goldman Sachs. It introduces DUSD, a yield-bearing stablecoin that allows users to earn on-chain yield while trading. Within a month of its alpha launch, the project attracted over $200 million in TVL, showcasing its high capital efficiency and low fees.
Key Features of StandX
- Yield-Bearing DUSD: Users automatically earn yield from underlying staked assets and funding fees just by holding DUSD.
- Profitable Margin: Earn yield on your collateral while trading derivatives.
- Attractive Pre-deposit Program: Early users can earn points and up to 20% APR.
- Multiple Yield Sources: Yield is generated from spot staking (ETH, SOL) and funding fees from short positions.
- Risk-Hedged Mechanism: DUSD is protected against market volatility through neutral assets and corresponding short positions.
StandX Airdrop Campaign
StandX is running a pre-deposit campaign on the BNB Chain where users can earn airdrop points. By swapping USDT/USDC for DUSD (at a 1:1 ratio), users accumulate points through trading, providing liquidity, or simply holding the stablecoin. Points are recorded daily and rewards are distributed weekly. There is no lock-up period for funds.
How to Participate in the StandX Airdrop
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Claim Your ID: Go to the StandX Community Page↗, select “Connect X,” and connect your X (Twitter) account to claim your StandX ID.
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Follow Socials: Follow StandX on X (Twitter)↗, Discord↗, and Telegram to keep up with the latest updates.
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Pre-deposit Funds: On the platform, navigate to the “Pre-deposit” section. Connect your BNB Chain wallet and deposit USDT or USDC to mint DUSD. This action will start earning you an APY of around 4% and airdrop points (PTS).
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Complete More Tasks: Visit the “Point Earning Venues” section to complete additional tasks, such as providing liquidity on PancakeSwap, to boost your points total.
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Trade on the Platform: Increase your points further by actively swapping and trading on the StandX exchange.
StandX presents a promising airdrop opportunity, backed by a strong team and aiming to lead the Perp DEX wave on BNB Chain.
