StandX revealed that it will conduct a TGE within the year and plans to launch the on-chain options product SIP-4 soon

The BNB ecosystem decentralized derivatives trading platform StandX has revealed that it may conduct a TGE within the year.

It is reported that based on the recently deployed SIP-2 and SIP-3 mechanisms, the protocol currently allocates part of the trading fees to position holders and DUSD holders, with the annualized yield (APY) of its stablecoin DUSD maintained at around 10%.

In addition, following the launch of the Network Yield trading fee rebate feature, StandX announced that it will soon launch the on-chain options product SIP-4. According to the introduction, this product combines the Perps (perpetual contracts) framework and will provide users with features such as peer-to-peer covered calls.