Perps Move to Reduce-Only Ahead of Shutdown
StandX · Releases & Updates · October 20, 2026
StandX perp DEX on BNB Chain and Solana switches all perpetual markets to reduce-only on October 20, 2026 as it winds down operations.
StandX, the perpetual futures DEX on BNB Chain and Solana with yield-bearing DUSD margin, is gradually ceasing operations. On October 20, 2026 all perps, including Universal Markets, move to reduce-only mode: traders can close or reduce positions but cannot open or add to them. New registrations, DUSD minting, new block trades and block options close the same day. All yield and vault deposits already stopped on October 15. Remaining positions are force-closed at mark price on January 15, 2027, and withdrawals and DUSD redemptions close on January 31, 2027. StandX will not launch a token and instead runs a one-time DUSD airdrop for its 237K users.