StandX Launches SIP1 and SIP2: Position Subsidy Mechanism Goes Live, Reshaping On-Chain Trading and Revenue Structure

Against the backdrop of the continuous evolution in the decentralized derivatives trading space, StandX is strengthening its competitive edge through product innovation. Recently, StandX has officially launched two core upgrade proposals—SIP1 (Block Trade) and SIP2 (Position Yield)—aiming to comprehensively enhance user experience and strategic efficiency from the dimensions of trade execution and capital yield. This also signifies a further deepening of StandX's product mechanisms and yield design, releasing an important signal of the project's ongoing advancement.

1. SIP1: The Price Discovery Mechanism for On-Chain Block Trades

The launch of SIP1 primarily targets users with large-volume trading needs, providing them with a more efficient, low-impact method for on-chain execution.

In traditional on-chain trading environments, large orders often face issues such as severe slippage, high market impact costs, and insufficient liquidity.

SIP1 introduces a mechanism similar to "off-chain matching + on-chain settlement," enabling users to complete price discovery and execution for block trades on-chain.

Its core value lies in:

• Reducing Slippage Impact: Achieving a near "slippage-free" trading experience through dedicated price negotiation and matching mechanisms.
• Optimizing Execution Efficiency: Avoiding the costs and delays associated with consuming orders piecemeal on a public order book.
• Improving Capital Utilization: Better suited for the large-volume entry and exit needs of institutions, whale users, or high-frequency strategies.

The essence of SIP1 is to bring the mature Block Trade mechanism from traditional finance on-chain, providing DeFi users with more professional trading tools and equipping the on-chain market with greater capacity.

2. SIP2: Embedding "Yield" into the Position Itself

If SIP1 addresses "how to trade better," then SIP2 answers another critical question: how to make the position itself continuously generate yield.

The core of SIP2 is to further enhance user yield on the basis of the original DUSD yield mechanism, directly binding yield to the position. This means:

• Trading Users: When engaging in contract trading, not only can the margin earn DUSD yield, but the position can also continuously generate additional yield.

Conservative Users: Even without frequent trading, they can obtain stable returns by holding DUSD and participating in related strategies.

This design fundamentally breaks the problem of "idle funds" prevalent in traditional trading platforms, endowing user assets with earning potential in any state.

3. Strategic Yield Enhancement: Giving Professional Trading an Edge

A key highlight of SIP2 is its significant enhancement effect on various strategies. Taking the common Funding Rate Arbitrage as an example:

● Traditional Strategy Yield Source: Funding rate differential.

● On StandX:

○ During the position opening process, users' margin is in DUSD, allowing them to continuously earn base yield.

○ Simultaneously, through SIP2, they can receive additional yield rewards during the holding period.

This means users not only earn the strategy's inherent yield but also gain an overlay of "margin yield + position yield enhancement." From a results perspective, this dual-yield structure will significantly improve the overall ROI of strategies, making StandX more attractive to traders and quantitative teams.

4. SIP1 + SIP2: Combined Innovation in Trading and Yield

Furthermore, SIP1 and SIP2 do not exist in isolation but can create synergistic effects:

• Via SIP1: Users can establish large positions with near-zero slippage.
• Via SIP2: Continuously earn yield enhancement during the holding period.

This combination means the entire trade lifecycle, from "entry" to "holding," is optimized. Users can not only enter the market at better prices but also earn additional yield during the holding phase. This integrated design represents a distinctive innovation in the current DeFi derivatives market.

5. StandX: Continuously Building a Differentiated PerpDEX

As a decentralized trading platform built by a former core team from Binance Futures, StandX has consistently focused on innovating product mechanisms and user experience since its launch.

Currently, StandX has achieved the following key milestones:

• Daily trading volume exceeding $5 billion.
• DUSD TVL surpassing $1 billion.
• Built a yield-centric trading system with DUSD at its core (trading equals yield).

Unlike traditional PerpDEXs, StandX's core philosophy is to embed "earning capability" into the trading infrastructure itself, rather than relying on external incentives. The launch of SIP1 and SIP2 is a further embodiment of this philosophy—enhancing both trading efficiency and capital yield, allowing the platform to establish clear differentiation in the fiercely competitive PerpDEX landscape.