StandX Perp DEX Announces Shutdown and Cancels Token Launch
- DeFi
- Centralized Exchange
StandX, founded by a former Binance Futures executive, said it would shut down operations and scrap its planned token launch on October 15. The platform promised a one-time DUSD airdrop to eligible users funded by remaining revenue and team contributions. CT noted the quiet exit after TVL peaked above $200 million.