StandX, a decentralized derivatives exchange, has announced a phased closure and the discontinuation of its native token. Starting October 15, the platform ceased yield accrual, and from October 20, users will only be allowed to reduce or close their trading positions. All remaining trades will be forcibly closed by January 15, 2027, while withdrawals and the redemption of the stablecoin DUSD will end on January 31. Additionally, the team plans a one-time airdrop of DUSD funded by the remaining project revenues and additional developer resources. Users can claim the tokens from November 1 to December 31, 2026.