StandX Will Skip Token Launch, Airdrop DUSD and Wind Down

StandX will forgo a platform token and wind down its perpetual futures and stablecoin operations, giving users a limited window to claim a one-time DUSD airdrop and move their funds off the platform.

The claim period runs from Oct. 31 at 8 p.m. ET (Nov. 1 at 00:00 UTC) to Dec. 31 at 3 a.m. ET (08:00 UTC). The eligibility checker is scheduled to open Oct. 25 at 8 p.m. ET (Oct. 26 at 00:00 UTC). Allocations will reflect activity including pre-deposits, Alpha, mainnet trading, market making and referrals, and will be screened for Sybil and wash-trading activity. Unclaimed tokens will be forfeited.

StandX ended DUSD yield, position yield, community maker yield and referral commissions on Oct. 15, and closed new vaults and deposits. Trading was set to continue normally ahead of Oct. 20. Users must close open positions by Jan. 15, 2027, then transfer assets from their Perps wallet to their Cash wallet and withdraw on-chain by Jan. 31. Withdrawals will be in DUSD; users seeking USDT must request redemption by that date.

Since its mainnet launch in November 2025, StandX had served more than 237,000 users and reached peak total value locked above $200 million.