StandX Discord Townhall Summary

1. Main Focus: December & Upcoming Rewards

Grand Trading Rewards are the major highlight coming in December.
Unlike current points (mainly for DUSD holders), the new campaign will reward traders, including:
- Active trading
- Holding open positions
- Placing liquidity orders on the order book (unique StandX feature)

StandX is a next-gen Perpetual DEX powered by DUSD, a native yield-bearing stablecoin.
Users earn yield on all margin inside the perps wallet.
Trading pairs are denominated in DUSD, not USDT/USDC.
Built by the original Binance Futures founding team (Justin, AG, etc.).
DeFi perps are the future → StandX was created to bring institutional-level perps infrastructure into decentralization.

Mainnet launched last week:

Extremely smooth launch (no downtime).
50M+ trading volume on day 1.
New features live:
- TPSL (Take Profit / Stop Loss)
- Advanced limit orders (post-only / add-liquidity-only)
Reminder: Mainnet uses real money → no more testnet tDUSD.

More features and improvements will continue rolling out.

For the final 9 days (till Dec 11):

1.5x multiplier for DUSD holdings in:
- Perps wallet
- Vaults
After the event → multiplier returns to 1.2.

This stage specifically rewards holders before trading rewards go live.

Vault = a simple way for users to share the upside of market making.

When depositing DUSD into vaults:

Funds act as market-making margin on StandX order books.
Vault revenue has three sources:
1. Market-making profit (spread)
2. A portion of trading commissions
3. DUSD stablecoin yield

Important note:

Vault TVL is growing fast (passed 28M during the call).

Aside from trading and holding:

Referrals
- Referrer earns 5% of their friend’s points.
- Referred user gets +5% boost.
Swapping for DUSD gives a small amount of points but:
- Users should wait for the Grand Trading Rewards for maximum efficiency.

Justin confirmed several reward categories:

Whether users deposit via BNB Chain or Solana, all margin goes to the same perps wallet.
You can trade all listed pairs from a single margin pool.

Justin did not confirm a date.
Referred to Polymarket prediction:
- ~59% probability of TGE happening before March 31 (2026 Q1).
“Refer to the market” = safest hint.