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DUSD

Discovered

KRW price₩1,335+0.01%

Not listed in Korea · DEX $0.9984

Mindshare

7d
0.9%+0.9pp#22New
Mentions
16
New
Views
18.2K
First seen
Sep 8

Sentiment

7d · 16 messages
Negative94%
Positive vs negative messages only · Positive 6% (1) · Neutral 0% (0) · Negative 94% (15)

Mentions

16 mentions

What the community is saying

Last 7 days · 12 posts
  • After rumors StandX would skip its TGE, DUSD depegged by 2.5% and later recovered to about a 0.4% gap.
  • DUSD will be airdropped with no lockup, and claims run from November 1 through December 31.
  • DUSD has a seven-day redeem function, and keeping that feature and the peg was called the key point.

First to mention

Since Oct 15, 10:35 · 11 channels

Related narratives

30d

Related projects

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Channel contribution

30d · 11 channels · 11 new this week

Messages

30d

  • 변창호 코인사관학교2h ago

    StandX aggressively shared revenue to build hype — paying interest on DUSD, splitting trading fees just for taking positions, splitting fees even just for backing the order book. Whether they made a lot of money I don't know, but it seems the stash they built up isn't that large. Plus as the TGE drags on, point inflation only worsens and once tokens come out, it seems unmanageable. So the DUSD they're dividing up probably won't be much either. Better to write it off completely and drop expectations. Getting criticized for not doing the TGE is natural, and if the service closes with DUSD properly maintaining its peg so there aren't additional victims, that would be good.

    1.6K

  • 피린이2h ago

    ✔️StandX announces token launch cancellation and service shutdown. StandX is abandoning its own token launch and will conduct a $DUSD airdrop using remaining profits before terminating the service. Key schedule (Korea time) Oct 15: All interest and reward payouts end Oct 20: New position entry halted (liquidation and reduction only) Oct 26 09:00 KST: Airdrop allocation check Nov 1 09:00 KST: $DUSD airdrop claim starts (no lockup) Dec 31 17:00 KST: Airdrop claim deadline Jan 15: All remaining positions force-closed Jan 31: Withdrawal and DUSD redemption request deadline ✍️So ultimately there's no token TGE, only DUSD rewards followed by shutdown. Those who farmed during this time should check your allocations starting Oct 26, and definitely track the position cleanup and withdrawal schedule. Unclaimed airdrops will be forfeited.

    747Spread to 2 channels#Airdrop

  • 코인소년2h ago

    StandX quickly abandons token launch lol. StandX won't proceed with TGE and will issue a $DUSD airdrop before sequentially shutting down the service. — Oct 20: New perps position entry restricted (Reduce-Only) — Nov 1: $DUSD airdrop claim starts (no lockup) — Dec 31: Airdrop claim ends — Jan 15: All perps positions close — Jan 31: Withdrawal and redemption service ends. Looks like StandX is wrapping up without a token launch. Anyone who used it should check the schedule and respond accordingly. Why are so many projects quitting lately... For reference

    602#PerpDEX#Airdrop

  • 잼민1232h ago

    StandX - Not releasing token, shutting down. - Instead, giving DUSD one-time airdrop with remaining funds (no lockup). - Criteria: pre-deposit, alpha, mainnet trading, making, referral - Amount: not announced yet. Telling people to keep expectations low in advance - Checker: 10/26 - Claim: 11/1 ~ 12/31 - Operations also phasing out. Reduce-only from 10/20, forced liquidation of all positions by 1/15/2027, redemption/withdrawal ends 1/31 + DEX liquidity removed. Conclusion: high probability of getting nothing. Best to sell or redeem quickly after receiving.

    2.6KSpread to 3 channels#Airdrop

  • (주)청년열정민트초코3h ago

    Read the full StandX notice but no reason why they're shutting down is written. Just says they're distributing remaining funds as DUSD and closing. Says "existing profits were already distributed through SIP-2 and SIP-3" so doesn't look like they'll give out much... All the farming and stuff seems like a bust https://x.com/StandX_Official/status/2110613283967230232

    1.2KSpread to 2 channels

  • 취미생활방3h ago

    StandX token launch cancelled and converted to $DUSD airdrop. Will airdrop $DUSD to users with no lockup requirement instead. Nov 1: $DUSD airdrop claim starts Dec 31: Airdrop claim ends #STANDX

    1.9K#Airdrop