StandX DUSD

StandX DUSD is a yield-bearing stablecoin issued by StandX, a decentralized perpetuals exchange, and is designed to track the value of the US dollar. Its purpose is to allow traders and DeFi users to earn returns on balances they hold as margin or collateral, without needing to stake or lock up their tokens. It targets people who want their idle dollar-denominated funds to generate yield automatically while remaining usable within decentralized finance applications.

DUSD is described as fully collateralized, meaning each token in circulation is backed by underlying assets held by the protocol. Yield is generated through StandX's perpetuals trading activity and is distributed automatically to all DUSD holders without any staking step required. The token exists within both the BNB Chain and Solana ecosystems, and the entire circulating supply of approximately 60,494,508 tokens represents 100 percent of all issued supply, with no additional supply pending or reserved.

The data provided does not include an explicit fee revenue figure or a breakdown of who pays fees to the protocol and who receives them, so fee-based measures commonly found on this site are not applicable here. The yield that DUSD holders receive is described as coming from real trading activity on the StandX perpetuals platform, meaning traders using the exchange are the implicit source of returns distributed to stablecoin holders. The circulating stablecoin supply stood at approximately 60,455,623 tokens at the point of measurement, and that figure declined by roughly 40.4 percent over the prior 30 days, which reflects a meaningful contraction in the outstanding token base over that period.