The Huagongfu system has been thoroughly reviewed, leading to a clear understanding of this type of project—StandX is not just a short-term hype concept, but is genuinely building the underlying DeFi infrastructure of "perpetual trading + stablecoins + incentive mechanisms."

The highlight of this project is not only the Perps DEX itself. More importantly, it is the entire capital circulation system built around DUSD (yield-bearing stablecoin)—from trading depth to yield distribution, every link forms a closed loop. This design approach indeed differs from conventional DEXs.