🚨 237,000 USERS — AND STANDX IS SHUTTING DOWN!
Another crypto derivatives platform is calling it quits!
StandX confirmed a phased shutdown and canceled its planned token launch.
🔴 237,000+ users since launch.
🔴 Peak TVL exceeded $200M.
🔴 All yield programs ended October 15.
🔴 Perpetual trading becomes REDUCE-ONLY October 20.
🔴 Remaining positions close January 15, 2027.
🔴 $DUSD redemptions and withdrawals end January 31.
💀 THE TWIST?
NO native token launch! Instead, eligible users will receive a one-time $DUSD airdrop.
$DUSD operates across BNB Chain and Solana. This shutdown does NOT mean the $BNB or $SOL networks are affected.
Traders with $BTC or $ETH perpetual exposure on StandX should review their positions.
⚠️ No bankruptcy or hack has been confirmed.
💬 IS THE PERP DEX BOOM STARTING TO UNRAVEL?
#StandX #DeFi #CryptoNews #PerpDEX #CryptoShutdown
Another crypto derivatives platform is calling it quits!
StandX confirmed a phased shutdown and canceled its planned token launch.
🔴 237,000+ users since launch.
🔴 Peak TVL exceeded $200M.
🔴 All yield programs ended October 15.
🔴 Perpetual trading becomes REDUCE-ONLY October 20.
🔴 Remaining positions close January 15, 2027.
🔴 $DUSD redemptions and withdrawals end January 31.
💀 THE TWIST?
NO native token launch! Instead, eligible users will receive a one-time $DUSD airdrop.
$DUSD operates across BNB Chain and Solana. This shutdown does NOT mean the $BNB or $SOL networks are affected.
Traders with $BTC or $ETH perpetual exposure on StandX should review their positions.
⚠️ No bankruptcy or hack has been confirmed.
💬 IS THE PERP DEX BOOM STARTING TO UNRAVEL?
#StandX #DeFi #CryptoNews #PerpDEX #CryptoShutdown