StandX released its bi-weekly update, and overall, @StandX_Official's pace is quite clear. It's not about suddenly releasing a bunch of narratives to boost traffic, but rather continuing to consolidate its product offerings. The launch of perpetual gold and silver is a signal, but it's more about filling gaps in product categories than relying on them to drive volume. It seems more like testing the system's adaptability and whether the platform can handle more complex, non-pure crypto assets. The total daily trading volume across the entire market exceeded $1 billion. This figure itself isn't exaggerated, but in the current volatile environment of Perp DEX, it at least indicates that StandX's platform activity is steadily increasing. Liquidity is the most noteworthy aspect of this update. Achieving 800 BTC depth with a 10bps spread is, at least for mainstream trading pairs, a near-top-tier matching experience. It may not necessarily be the optimal solution, but it at least shows that the empty order book isn't artificially inflated by incentives. The adjustments made by Maker Points and DUSD Vault have been relatively restrained, more like fine-tuning capital holding and order placement behavior than pushing through incentives. The remaining feature updates and community activities are expected at this stage and not decisive factors, but they do show that the project is still seriously improving the user experience. Given the current intensified competition in the Perp DEX market and the highly competitive liquidity and mechanism landscape, StandX has not opted for rapid, pump-and-dump expansion, but instead continues to optimize details in depth, spreads, and incentive structures. Whether it can succeed depends on its performance in high volatility, low incentives, or even headwinds. At least for now, the project team seems very diligent. twitter.com/Monica_xiaoM/statu...