StandX
DecliningStandX is a decentralized perpetual futures exchange on StandX. It lists perpetual markets on traditional assets such as stocks, commodities or FX alongside crypto.
StandX at a glance
- Launched
- 2025-11 source ↗Mainnet launch November 24th 2025 (after Alpha phase from Nov 3)
- Trading fees (base tier)
- Taker 0.04% · maker 0.01% source ↗
- Maximum leverage
- 40× source ↗BTC/ETH/XAU/XAG/CL 40x
- Perp markets
- About 11 · includes stocks, commodities or FX source ↗11 pairs in spec table (incl. XAU, XAG, CL, TSLA, MU, SPCX); docs say table is 'updated irregularly' and SIP-5 permissionless listings may add more
- Collateral
- DUSD (yield-bearing stablecoin) source ↗
- KYC
- Not verified yet
- Restricted regions
- Afghanistan, Belarus, Myanmar, Burundi, Central African Republic, Cuba, North Korea, DR Congo, Guatemala, Guinea, Guinea-Bissau, Haiti and 20 more source ↗'Geo-Blocked Jurisdiction' list
- Audits
- WatchPug; WatchPug; WatchPug; WatchPug; RigSec; RigSec source ↗DUSD and Highway contracts
- Incidents
- None found in official sources
- Points program
- Live source ↗Mainnet Trading Points, Maker Points, holder points
- Referral program
- Yes; any discount for the referred trader is set by the referrer. “the Network program also rewards both the referrer and the invitee with a +5% bonus on points earned from trading activity; referrer may also share part of fee yield back as a rebate (Share Rate)” source ↗referrer needs 500,000 DUSD personal volume to activate Network Yield
From StandX’s own documentation, terms, API or official posts, checked 08 Oct 2026. Terms change; confirm on the venue before trading. “Not verified yet” means we could not confirm it from an official source.
StandX trend: Declining
0 metric(s) up, 1 down, 0 without a material change. The label counts metric directions; it is not a score and not investment advice.
Rank by open interest: #28 now · #23 30 days ago · #13 90 days ago (among venues reporting that day)
| Metric | 30 days | 90 days | Coverage | Reading |
|---|---|---|---|---|
| Open interest | -26.0% | -38.3% | 100% | Materially weakening (30d and 90d agree) |
| User fees | — | — | — | Not enough daily history yet |
| Trading volume | — | — | 2% | Not enough daily history yet |
Thresholds: open interest ±25%, fees ±30%, volume ±40% over 30 days; the 90-day move must agree at half the threshold. Incentive campaigns can lift activity temporarily.
Activity over time
Open interest · daily
DefiLlama daily open interest · 180 days · 12 Apr 2026 – 08 Oct 2026
Gaps are not joined. The scale starts near the series minimum, not at zero.
24h volume · daily capture
CoinGecko rolling 24h volume, one capture per UTC day
StandX is a Perps DEX live on Mainnet across BNB and Solana, powered by its native yield bearing DUSD.
Project description as listed on DefiLlama
StandX: common questions
What is StandX’s open interest?
StandX had $20.75M of open interest according to DefiLlama on 08 Oct 2026 · 12:17 UTC, ranking #28 of 91 perp DEXs we track by open interest. That is 0.1% of the combined open interest of the tracked venues.
How much volume does StandX trade per day?
CoinGecko reported $337.24M of rolling 24-hour volume for StandX on 08 Oct 2026 · 12:16 UTC. Venue-reported volume is not independently audited.
Is StandX growing?
Our current reading is “Declining”. Average open interest over the last 30 days changed -26.0% versus the prior 30 days. The reading updates daily and requires sufficient history and a minimum base.
Does StandX have a token?
We have not verified a tradable StandX token. Beware of look-alike tokens using the name.
What are StandX’s trading fees?
Taker 0.04% · maker 0.01% at the base tier, according to StandX’s fee documentation. Higher-volume tiers and promotions can differ.
What is the maximum leverage on StandX?
Up to 40× on some markets, according to StandX’s documentation. Most markets allow less.
Does StandX have a referral program?
Yes; any discount for the referred trader is set by the referrer. “the Network program also rewards both the referrer and the invitee with a +5% bonus on points earned from trading activity; referrer may also share part of fee yield back as a rebate (Share Rate)”.
Similar perp DEXs
Sources and capture details
- DefiLlama oi history for listing “standx-perps”, fetched 08 Oct 2026 · 12:17 UTC, SHA-256
718fff6fe274c9bb… - CoinGecko derivatives exchange id(s): standx
Open interest and fees: DefiLlama, captured 08 Oct 2026 · 12:17 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 12:16 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 90 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗