StandX, the second-largest PerpDex in the BNB ecosystem, is targeting its Token Generation Event (TGE) this year. The platform has been enhancing its offerings with the implementation of SIP-2 and SIP-3 mechanisms, which have effectively directed trading fees to position holders and DUSD stablecoin holders, maintaining an APY above 10%. In addition to these updates, StandX has launched a Network Yield fee rebate feature and is preparing to introduce SIP-4, an on-chain options product. This new solution will be the first on-chain options offering integrated with a Perps architecture, featuring a peer-to-peer Covered Call functionality to enhance its yield matrix.