Aiming for its TGE this year, StandX, the second-largest PerpDex in the BNB ecosystem, has been actively rolling out a series of product updates. Leveraging the recently implemented SIP-2 (Position Yield) and SIP-3 (Native Yield Expansion) mechanisms, the protocol has successfully routed trading fees to position holders and all DUSD holders, maintaining DUSD’s stable APY at approximately 10%. Following the launch of its Network Yield fee rebate feature, StandX will soon introduce SIP-4, an on-chain options product. As the industry’s first on-chain options solution deeply integrated with a Perps architecture, this product will offer an innovative peer-to-peer Covered Call functionality, further completing its end-to-end yield matrix.
StandX hints at TGE this year; DUSD stablecoin APY remains above 10%.
TechFlowShare
Summary
StandX, the second-largest perpetual DEX on the BNB Chain, is preparing for its token launch with a possible TGE this year. The protocol continues to expand its product offerings, including SIP-4, an on-chain options product featuring a Covered Call function. DUSD stablecoin holders continue to enjoy an APY of over 10%, supported by SIP-2 and SIP-3. On-chain updates show the project is advancing, with Network Yield rebates already implemented.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.