DOCSStandX Perps MainnetAlpha Phase Campaign

Alpha Phase Campaign

StandX Alpha has now concluded and Mainnet has gone live. Below you still can see information on how Alpha points, yield and campaigns worked for your reference.

Alpha Phase Overview

Deposits and Withdrawals

During the Alpha phase, users can deposit DUSD from on-chain networks (e.g., BSC) into a StandX Perps account.

⚠️ To ensure a seamless data reset for the production launch, the withdrawal feature is temporarily paused. Full withdrawal functionality will be enabled at the time of the production launch.

Alpha Phase Balance System: DUSD & tDUSD

To create a safe and effective testing environment, the Alpha phase utilizes a dual-asset system.

When a user deposits funds from the blockchain (for example, 10 DUSD), the account is credited with both 10 DUSD and 10 tDUSD.

  • tDUSD (Test DUSD): This asset serves as the active trading balance during the Alpha. All platform activities, such as posting margin, paying fees, and realizing profits and losses, must be conducted using tDUSD.
  • DUSD: The deposited DUSD represents the user’s real, underlying capital. Throughout the Alpha, this DUSD balance is locked. It cannot be used as margin or withdrawn until the production launch.

Earning Yield on Your DUSD

It is important to note that your real DUSD deposit is not idle. It will continue to accrue the corresponding yield throughout the entire testing period. This accrued yield will be calculated and distributed to your account after the production launch is complete.

Perps Alpha Sprint Campaign

As an Alpha Stander, you have the exclusive opportunity to participate in the Perps Alpha Sprint – a focused campaign designed to reward early users who actively engage with the platform. This is your chance to earn valuable points while helping us refine StandX Perps before the mainnet launch.

Campaign Link: https://standx.com/perps-alpha (open on 10am Nov 3, UTC)

The Sprint rewards active participation across multiple dimensions: holding tDUSD, providing liquidity, trading on DEX, executing perps trades, and referring friends. It won’t be long – it’s a sprint!

How to Earn Points

tDUSD Holding Points

Earn 1.2 point per tDUSD per day simply by holding tDUSD in your account.

  • Hold 1,000 tDUSD for 24 hours = 1,200 points
  • Hold 1,000 tDUSD for 12 hours = 600 points

Special Protection: If your current equity falls below 50% of your initial deposit due to trading losses, your point calculation will be boosted to 50% of your deposit amount. This protects you from losses reducing your point earnings.

Note: tDUSD calculation includes unrealized PnL. If you have +200 tDUSD unrealized profit, your tDUSD value for points = your balance + 200. If you have -200 tDUSD unrealized loss, your tDUSD value = your balance - 200.

Liquidity Provider (LP) Points

Provide liquidity for DUSD pairs on supported DEXs and earn enhanced multipliers:

  • DUSD component: 1 point per DUSD in LP per day (1.0x multiplier)
  • Other token component: 1.2 points per USDT/USDC in LP per day (1.2x multiplier)

Example: Provide 1,000 DUSD + 1,000 USDT for 1 day:

  • DUSD part: 1,000 × 1.0 = 1,000 points
  • USDT part: 1,000 × 1.2 = 1,200 points
  • Total: 2,200 points

Supported Pools:

  • Solana: Raydium CPMM, Raydium CLMM
  • BSC: PancakeSwap V2, PancakeSwap V3

Important: Hold your LP tokens in your wallet. Don’t stake them elsewhere, as points are allocated to the LP token address.

DEX Swap Points

Trade DUSD on decentralized exchanges and earn 5 points per 100 DUSD volume.

Important: Only selected pools are supported.

Perps Trading Points (Daily Task)

Actively trade on StandX Perps and earn 10 points per day by meeting these criteria:

  • Execute minimum 2 orders per UTC day
  • Minimum 100 DUSD total trading value
  • Reward awarded once per day

Referral Bonus

Invite friends and both you and your referee earn 5% bonus points – it’s a win-win!

When you refer someone:

  • You earn: 5% of all points your referee earns (tDUSD, LP, swap, and perps trading points)
  • Your referee earns: An additional 5% bonus on top of their own points

Points Update Frequency

Points are calculated and updated hourly, so you can track your progress in near real-time.

Campaign Duration

Start from 2025 Nov 3, 10am (UTC). And this is a sprint – it won’t be long!

Transition to Production Launch

Upon the official production launch of StandX Perps, the platform’s primary asset for margin will transition from tDUSD. The usable margin and main account balance will automatically switch to the user’s real DUSD balance.

TLDR: Your tDUSD profits or losses during the Alpha phase will not affect your DUSD balance after mainnet launch.

For example:

  • If you deposited 100 DUSD during Alpha
  • And your tDUSD balance becomes 50 tDUSD (due to trading losses) or 150 tDUSD (due to trading profits)
  • After mainnet launch, your account balance will be 100 DUSD – exactly your original deposit amount

This ensures that Alpha testing activities remain risk-free for your real capital. Your actual DUSD deposit is preserved regardless of tDUSD trading performance.

StandX Market Making ProgramPre-Deposit Campaign