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StandX is a perpetual DEX built around its native stablecoin, $DUSD, backed by delta-neutral yield, similar to Ethena’s model. It allows users to swap their stablecoins for $DUSD and then use these assets to trade perpetuals on the StandX DEX.
On April 11, 2025, the StandX crypto project announced that it had received grant funding from the Solana Foundation. The amount raised remains undisclosed.