StandX Launches Airdrop Campaign for Perp DEX Built by Binance Futures Team

Airdrop StandX Overview

StandX is a next-generation perpetual decentralized exchange built on BNB Chain by a team with experience from Binance Futures and Goldman Sachs. The platform integrates DUSD, a yield-bearing stablecoin that allows users to earn returns while trading, and achieved over $200 million TVL within one month of its alpha launch. The project maintains financial independence without external funding. The current airdrop campaign, running through October 31st, distributes rewards based on accumulated points from pre-depositing DUSD, providing liquidity, and completing platform tasks.

How to join the StandX airdrop?

Step 1: Create StandX ID

Users need to access the StandX community portal at community.standx.org, select "Connect X" to link their X (Twitter) account, and claim their StandX ID.

Step 2: Follow Official Channels

Participants should follow StandX on X (Twitter), Discord, and Telegram to receive updates on news and upcoming events.

Step 3: Pre-deposit Stablecoins

Access the Pre-deposit section on the platform and connect a BNB Chain-compatible wallet. Users can deposit USDT or USDC stablecoins to mint DUSD at a 1:1 ratio. This activity generates approximately 4% APY and earns platform points (PTS) according to specific multipliers. The mechanism allows users to earn yields from underlying asset staking and funding fees without manual staking requirements. Deposited assets are not locked, and users retain accumulated profits.

Step 4: Complete Additional Tasks

Navigate to the "Point Earning Venues" section to complete various missions and provide liquidity on PancakeSwap for additional point accumulation. The platform offers multiple yield sources combining spot staking (ETH, SOL) and funding fees from short positions.

Step 5: Trading Activity

Users can accumulate additional points by performing swaps on the StandX platform. Points are recorded daily with weekly reward distributions.

The program features a Reserve Fund that ensures stable yields, maintains the DUSD peg, and provides liquidity. All data regarding yields and profit distribution are recorded on-chain for transparency. The airdrop allocation is based on accumulated points, with no mandatory KYC requirements mentioned for basic participation. Users need BNB Chain-compatible wallets to interact with the platform.

Conclusion

StandX's airdrop campaign offers the community an opportunity to earn yields and accumulate points without asset lock-ups while testing the platform's perpetual trading and stablecoin features. For the project, this initiative serves to attract early users to BNB Chain and distribute tokens to participants through a point-based system running until October 31st, supporting the platform's growth during its pre-launch phase.