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Decentralized Perpetual Contract Trading Platform StandX Launches Liquidity Provider Incentive Program, with a Monthly 5 Million StandX Token Reward Pool

By: theblockbeats.news|2025/10/30 03:45:53

BlockBeats News, October 30th, according to official sources, the decentralized perpetual contract trading platform StandX has officially launched the Liquidity Provider (LP) Program, releasing a monthly pool of 5 million StandX tokens as rewards. Eligible LPs will share the 5 million StandX token monthly reward pool based on their proportion of effective trading volume, calculated by the formula: individual effective trading volume / total network effective trading volume × reward pool.

Recently, the platform's Total Value Locked (TVL) has exceeded $200 million, reaching a historic high. With the launch of the LP Program, StandX is accelerating the development of a deep liquidity ecosystem. The program is now open for applications, and specific terms are subject to the latest announcement on the official website.

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In the past 24 hours, there has been a total of $590 million in liquidations across the network, with the majority coming from long positions.