StandX (N/A)

StandX is a pioneering DEX on Solana and BNB Chain, self-funded and founded by former Binance Futures and Goldman Sachs team members, according to its docs.

It aims to combine DeFi’s two most popular tools within a single, user-friendly interface: perpetual DEX trading and delta-neutral stablecoin yield. This is achieved through the implementation of three core features:

• Yield-bearing $DUSD stablecoin: Allows users to earn APY simply by converting their funds into StandX $DUSD stablecoin and holding the token, with no staking required. All yield is generated from spot staking and futures funding fees, using a yield farming model similar to Ethena’s.
   
• StandX Vault: A set of delta-neutral yield farming strategies made by the platform. As of January 2026, it offers a single Liquidity Provider vault that powers StandX perp DEX operations.
   
• Perpetual DEX: Enables perpetual crypto trading paired with the native yield-bearing $DUSD stablecoin. This allows users to earn APY on $DUSD while trading perps through a user-friendly interface.

Read more about StandX DEX features in its docs.

🪙 StandX token: As of January 2026, the team hasn’t released detailed info about plans to launch a native token or conduct a StandX airdrop. However, the platform is running an active points farming campaign, which typically precedes a token launch and an airdrop to top point holders.
 

Based on this information, the CoinLaunch team conducted a comprehensive overview of the StandX crypto protocol and identified its most notable pros and cons:
 

✅ StandX pros:

• Strong product concept and design, combining two major crypto narratives: perpetual DEX trading and delta-neutral farming;
• Decent $DUSD market capitalization ($160M) at an early stage of the platform’s development;
• Multiple security audits in place;
• Above-average SEO and influencer marketing performance;
• High growth marketing score;
• Partnerships with Polymarket, Binance Wallet, and Kaito;
• Backed by the Solana Foundation.

❌ StandX cons:

• The app is still in beta, with only two trading pairs available;
• No official information on a native token yet;
• Weak SMM presence;
• Very low PR score;
• The platform claims to be founded by former Binance Futures and Goldman Sachs team members. However, the team is publicly visible only on Twitter.