Perpetuals platform StandX to shut down, will airdrop DUSD without a token
- —Airdrop claims open Oct 26, distribution runs Nov 1 to Dec 31 with no lock-up
- —Yield halted Oct 15; perpetuals moved to reduce-only mode from Oct 20
- —All remaining positions will be closed at mark price on Jan 15, 2027; withdrawals end Jan 31, 2027
- —StandX served over 237,000 users with peak TVL above $200 million and no security incidents
Why it matters: The shutdown of another perpetuals venue intensifies the fight for liquidity and highlights risks for tokenless protocols.
Source: ChainCatcher 链捕手
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