๐จ STANDX ANNOUNCES ITS SHUTDOWN: KEY DATES TO PROTECT YOUR FUNDS
Decentralized derivatives platform StandX announced the gradual shutdown of its operations and the cancellation of its token launch.
โ ๏ธ If you have funds, open positions, or DUSD on the platform, pay attention.
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ANNOUNCED SCHEDULE
๐ด 15/10: Yield programs and new deposits into vaults ended.
๐ด 20/10: Perpetual contracts (trades with no fixed expiration date) will switch to ยซreduce-onlyยป mode. Youโll be able to close or reduce positions, but not open new ones.
๐ก 26/10: Eligibility checks for a DUSD distribution will begin.
๐ก 01/11 to 31/12: Scheduled period to claim the distribution.
๐ด 15/01/2027: Remaining positions will be closed automatically.
๐ด 31/01/2027: Announced deadline for withdrawals and DUSD redemption requests.
๐ WHAT WILL HAPPEN TO THE REWARDS?
StandX canceled the launch of its own token and announced a one-time DUSD distribution for eligible users.
This does NOT mean that everyone will receive rewards, nor does it guarantee a specific amount.
๐ก๏ธ WHAT SHOULD YOU DO?
โ
Review your open positions.
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Check the deadlines on StandXโs official channels.
โ
Plan your withdrawals without waiting until the last day.
โ
Be wary of claim links sent via private messages. Never share your recovery phrase.
๐ OUR TAKE
Crypto risk doesnโt depend solely on price.
The platformโs security, custody, and ability to withdraw funds are also essential.
Source: StandX announcement dated 15/10/2026, reproduced by specialized media outlets.
๐ฌ Did you have funds or pending rewards on StandX?
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