StandX announces forced closure of perpetual contracts on January 15 and end of platform withdrawals and $DUSD redemptions on January 31, 2027.
DeFi & Yields ·
StandX announced it will force-close all remaining perpetuals positions on January 15, 2027, and cease platform withdrawals and DUSD redemptions on January 31, 2027. The BNB-based exchange will distribute a one-time DUSD airdrop funded by remaining project revenue and team contributions, with no lockup period or disclosed allocation amounts. Yield programs end immediately as of the announcement date, while trading continues in reduce-only mode from October 20 onward. StandX stated DUSD is fully collateralized and users can withdraw assets in full, though the announcement included no collateral attestation or on-chain balance verification.