đš 237,000 USERS â AND STANDX IS SHUTTING DOWN!
Another crypto derivatives platform is calling it quits!
StandX confirmed a phased shutdown and canceled its planned token launch.
đŽ 237,000+ users since launch.
đŽ Peak TVL exceeded $200M.
đŽ All yield programs ended October 15.
đŽ Perpetual trading becomes REDUCE-ONLY October 20.
đŽ Remaining positions close January 15, 2027.
đŽ $DUSD redemptions and withdrawals end January 31.
đ 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.
â ïž No bankruptcy or hack has been confirmed.
đŹ 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.
đŽ 237,000+ users since launch.
đŽ Peak TVL exceeded $200M.
đŽ All yield programs ended October 15.
đŽ Perpetual trading becomes REDUCE-ONLY October 20.
đŽ Remaining positions close January 15, 2027.
đŽ $DUSD redemptions and withdrawals end January 31.
đ 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.
â ïž No bankruptcy or hack has been confirmed.
đŹ IS THE PERP DEX BOOM STARTING TO UNRAVEL?
#StandX #DeFi #CryptoNews #PerpDEX #CryptoShutdown