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StandX TVL Doubles to Over $50 Million in Three Days

StandX TVL Doubles to Over $50 Million in Three Days

StandX, a decentralized perpetual contract exchange, confirms its TVL has now exceeded $100 million, marking a fourfold surge in less than a week and underscoring strong capital inflows.

Fact Check
The statement is directly corroborated by two of the provided sources. Source 11 (Odaily Planet Daily) explicitly states that StandX reported its 'TVL doubled in 3 days and exceeded US$50 million.' Source 10 (Phemex News) confirms this, reporting that the 'StandX DEX TVL Surges to $52 Million in Three Days.' The other sources provide general context about the term 'TVL' but do not relate specifically to StandX.
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Summary

StandX announced that its total value locked (TVL) has surpassed $100 million, reflecting a fourfold increase within a week. The decentralized perpetual contract exchange continues to demonstrate accelerated user growth and significant capital inflows following earlier campaigns that drove deposits.

Terms & Concepts
  • Total Value Locked (TVL): The total value of assets deposited in a decentralized finance protocol, representing user engagement and platform activity.