Amid the continued evolution of decentralized derivatives trading, StandX is strengthening its competitiveness through product innovation. Recently, StandX officially launched two core upgrade proposals — SIP1 (Block Trade) and SIP2 (Position Yield), aiming to enhance user experience and strategy efficiency comprehensively from the perspectives of trade execution and fund yield. This also marks a further deepening of StandX's product mechanism and revenue design, signaling an important step forward for the project.

1. SIP1: On-Chain Block Trade Price Discovery Mechanism

The introduction of SIP1 is mainly targeted at users with large trading volume needs, providing them with a more efficient and low-impact on-chain execution method.

In traditional on-chain trading environments, large orders often face significant slippage, high market impact costs, insufficient liquidity, and other issues. SIP1 introduces a mechanism similar to "off-chain matching + on-chain settlement," allowing users to conduct price discovery and execution for block trades on-chain.

Its core value lies in:

● Reducing slippage impact: Achieving a nearly "slippage-free" trading experience through specialized price negotiation and matching mechanisms
● Optimizing trade efficiency: Avoiding costs and delays incurred by order book transactions
● Increasing fund utilization: More suitable for the large entry and exit needs of institutions, whale users, or high-frequency strategies

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

2. SIP2: Embedding "Yield" into Positions

If SIP1 addresses "how to trade better," then SIP2 answers another key question: how to ensure that positions themselves continue to generate yield.

The core of SIP2 is to further enhance user yield based on the existing DUSD yield mechanism, directly binding yield to positions. This means:

● Trading users: When engaging in contract trading, not only can margin holdings receive DUSD yield, but positions can also continuously generate yield
● Conservative users: Even without frequent trading, one can achieve stable returns by holding DUSD and participating in relevant strategies

This design fundamentally tackles the issue of "idle funds" on traditional trading platforms, allowing user assets to generate yield in any state.

Three, Strategy Revenue Enhancement: Empowering Professional Trading

One key highlight of SIP2 is its significant enhancement of multiple strategies. Taking the common Funding Rate Arbitrage as an example:

● Traditional Strategy Revenue Source: Funding Rate Spread

● On StandX:

○ Users, during the opening position process, collateralize with DUSD and continuously earn base revenue
○ Simultaneously, through SIP2, users can receive additional yield rewards during the holding period

This means that users not only benefit from the strategy's own revenue but also receive layered gains from "Collateral Revenue + Holding Revenue Enhancement." In the end, this dual revenue structure will significantly increase the overall ROI of the strategy, making StandX more attractive to traders and quant teams.

Four, SIP1 + SIP2: Combination Innovation of Trading and Revenue

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

● Through SIP1: Users can enter into large positions with minimal slippage
● Through SIP2: Continuously earn enhanced revenue during the holding period

This combination means that the entire trading lifecycle, from "entry" to "holding," is optimized. Users can not only enter the market at a better price but also receive additional revenue during the holding phase, making this integrated design a particularly innovative approach in the current DeFi derivatives market.

Five, StandX: Continuously Building a Differentiated PerpDEX

As a decentralized exchange platform built by the former Binance Futures Core Team, StandX has been focusing on innovative product mechanisms and user experience since its launch.

Currently, StandX has achieved the following key milestones:

● Daily trading volume exceeding $500 million
● DUSD TVL surpassing $100 million
● Constructed a revenue-generating trading system centered around DUSD

Unlike traditional PerpDEX platforms, StandX's core concept is to embed "revenue-generating capability" into the trading infrastructure itself, rather than relying on external incentives. The introduction of SIP1 and SIP2 is a further embodiment of this concept—enhancing trading efficiency while strengthening fund returns, allowing the platform to establish a clear differentiation in the competitive PerpDEX landscape.