On April 7, 2025, StandX (standx.com), founded by members of the Binance Futures founding team, officially launched its first product DUSD.
DUSD is StandX's first product - a yield-bearing stablecoin. Additionally, StandX will launch a new decentralized perpetual contract exchange in July 2025.
StandX pioneered the "Trade+Earn" trading model, combined with its auto-interest stablecoin DUSD, allowing users to earn approximately 13% annual yield (subject to actual conditions) while trading crypto derivatives, without additional pledging, significantly improving capital utilization efficiency and user earnings experience.
Team Highlights
StandX's founding team previously worked at the Binance Futures founding team and Goldman Sachs. Its CEO AG previously led Binance Futures' business from zero to billions in revenue. This cross-domain team is expected to combine traditional financial risk control with the innovative spirit of the crypto industry, injecting unique professional advantages into StandX.
It is worth mentioning that StandX was entirely launched with the team's own funds, without introducing external investment. This self-funded model may reflect the team's long-term philosophy and confidence in the platform's sustainable development, meaning StandX can focus on creating a safe and efficient trading experience for users without short-term capital pressure.
Product Mechanism and "Trade+Earn" Model
StandX's core innovation lies in its "Trade+Earn" model that integrates perpetual contract trading with earnings generation.
Traditionally, traders' margin funds are usually idle during trading, but StandX changes this status through its innovative stablecoin DUSD.
DUSD is an auto-interest US dollar stablecoin with a current annual yield of approximately 13% (subject to actual conditions). Users can continuously earn interest by using DUSD as margin for perpetual contract trading without additional operations.
The mechanism's principle is that StandX uses users' margin funds for low-risk funding rate arbitrage and staking, creating stable returns for DUSD holders. For traders, this means no longer having to choose between trading and earnings - through StandX's platform, they can "trade while earning", significantly improving capital utilization efficiency. Additional interest income can help offset some trading costs and enhance overall trading returns, providing users with a better trading experience.
DUSD's Innovation and Advantages
As StandX's first product, DUSD stablecoin itself has unique innovative advantages. DUSD is pegged to the US dollar and uses smart contracts to allocate funds to low-risk arbitrage and staking opportunities, continuously generating earnings. This means that, unlike traditional stablecoins (such as USDT or USDC), holding DUSD allows users to earn interest without additional operations.
For users, DUSD can be used not only as trading margin but also significantly improves capital utilization through its auto-interest feature. Users don't need to transfer funds between platforms for earnings, simplifying the user experience. Additionally, since earnings come from real market opportunities (like funding rate arbitrage) rather than simply relying on inflationary token subsidies, DUSD's earnings model is relatively sustainable. This ensures the stablecoin's value stability and long-term reliability, providing users with a trustworthy source of earnings.
Market Prospects
The crypto derivatives market is vast and growing rapidly. In 2024, global perpetual contract trading volume soared. Statistics show that the total perpetual contract trading volume of the top ten centralized exchanges was approximately $58.5 trillion, doubling year-on-year. Meanwhile, decentralized perpetual trading platform volume surged to about $1.5 trillion, growing 138% compared to 2023 (tradingview.com).
Although the decentralized derivatives trading share is still lower than centralized platforms, this trend indicates that more traders are beginning to prefer decentralized trading modes without third-party custody.
In this industry context, StandX, with its professional team and innovative model, is poised to meet market demand for safe, transparent, and efficient derivatives trading.
The core team's blend of traditional financial professional experience and blockchain domain expertise will help StandX build trust in a competitive market and attract professional and institutional traders seeking a better trading experience. The platform's unique "Trade+Earn" positioning may also lead a new industry trend, injecting new vitality and momentum into the decentralized derivatives market.
Future Plans
Before platform launch, StandX will initiate a "Pre-deposit" reward program to reward early supporters. Users can earn platform points and enjoy approximately 13% average annual yield (subject to actual conditions) by pre-depositing funds, allowing them to experience DUSD's interest-earning advantages before the platform's official launch.
This approach will help StandX accumulate initial liquidity and build user confidence before launch, also demonstrating the team's commitment to community participation.
According to the plan, StandX's perpetual contract DEX will officially launch in July 2025. Looking forward, the team states they will continuously improve platform functions, expand more trading markets and innovative products, and continuously optimize user experience.
Under a long-term strategy, StandX is committed to building a sustainable decentralized derivatives ecosystem, leading the industry into a new phase where trading and earnings coexist.
