The latest developments at Perp DEX are looking for the best way to get involved
Lighter TGE time or delay, final sprinting; StandX is about to launch a trading competition, with potential high returns in the early years; and Aster continues to “spray” with clear returns。

Original Odaily Daily@OdailyChinaI'm not sure
Author Asher@Asher_0210I'm not sure

Despite recent overall cold market conditions, incentives such as currency drops, community discussion on the Perp DEX plate remains high and daily trade has remained stable without a significant decline。Next, the Odaily Daily Planet has been able to organize three community discussions on recent developments in the hot Perp DEX platform that deserve to be focused on, and see what the highest value for money is at this stage。
StandX:Trade points are already on the main online lineIt's about to be launched
December 10th, StandXON X PLATFORMThe post announces that the trade points are already on the main lineThe first day of trading broke $81 millionDecember 16th, the trade broke $100 million. Users can obtain points by depositing DUSD in Perps Wallet, Vaults or actively participating in transactions (interactive links:https://standx.com/I don't know。
This event works with the currency purse, and users who use the Binance Wallet's uninhabited key extension wallet will receive a 10% score, which will last four weeks until January 7, 2026. The points will be traced back to reward all past transactions since the main online line。
In addition, early in December, Justin, a core member of the team, participated in a Chinese edition of the AMA, Odaily Daily Planet, which organized the following:
Q1: IS THERE A RISK THAT THE BUILT-IN DUSD WILL BREAK ANCHOR? HOW'S SECURITY
A1: DUSD MECHANISMS ARE SECURE AND FULLY MORTGAGED, WITH THE BOTTOM ASSETS BEING MAINSTREAM ASSETS SUCH AS BTC AND ETH; AND “MARKET NEUTRALITY” IS MAINTAINED BY USING THE CURRENT ARBITRAGE STRATEGY OF “MORE ON-THE-SHELF + NO ON-THE-CONTRACT”, REGARDLESS OF WHETHER THE VALUE OF THE CURRENCY RISES OR FALLS, THE TOTAL VALUE OF THE ASSET REMAINS STABLE AT U PRICES, EARNING ONLY FINANCIAL RATES AND NOT RISKING CURRENCY FLUCTUATIONS。
Q2: What's the difference between Mainnet and the previous Alpha test network
A2: The Alpha phase uses test coins, mainly for testing product functionality and issuing “test network credits”; the main web phase uses real silver and silver, and users need to deposit real USDTs for trading. The current score is the “main network fraction”, the value and weight of which are different from the test network。
Q3: WHAT ARE THE FUTURE PLANS FOR THE PROJECT
A3:StandX is about to launch a trade contest and plan to start more small-currency contracts。AT THE SAME TIME, THE TEAM WILL CONTINUOUSLY OPTIMIZE THE PRODUCT EXPERIENCE, WITH THE GOAL OF ENABLING THE DEX TO ACHIEVE A COMPARABLE CEX EXPERIENCE。
Q4: WHAT IS THE PROPORTION OF TRANSACTION AND DEPOSIT BALANCES THAT IS EMPTY
A4: We have not yet finalized this, because we are now separating each stage from each type of credit, so it is equal to a separate reward. And then we'll end up with an integrated assessment of the points of each type of user and each type before the drop, looking at a balance between the contribution of the StandX product and the ecological whole, and then deciding what the incentive rate for each project is。
StandX points get full cut
Method I: Deposit DUSD to obtain tDUSD (1.2 multiplier points), with the following specific steps:
- With USDT/USDC Mint DUSD
- Put DUSD in the Perps wallet, which can be replaced by tDUSD
- = 1,200 points per 1000 tDUSD/ day
- Participation without prejudice is suitable for newcomers and users who are not involved in the transaction。
METHOD II: PROVISION OF LPS, WITH POINTS:
- DUSD: 1 SCORE PER DUD PER DAY
- USDT/USDC: EACH USDT/USDC RECEIVES 1.2 POINTS PER DAY。
FOR EXAMPLE, 1000 DUSD + 1000 USDT → 2200 MINUTES/DAY。
METHOD III: SWAP TRANSACTIONS RECEIVE POINTS (SPECIFIED TRANSACTION PAIRS) PER 100 DUD TRANSACTIONS = 5。
This method of obtaining points is more worn out and the “brushing party” is carefully involved。
Option four: Invite friends, both sides get an extra 5% plus。
Method five: Dealing points on the StandX main web。
- If profit: the more revenue, the more tDUSD, the higher the score
- If the loss exceeds 50 per cent of the initial fund, the credit shall remain at 50 per cent of the initial fund。
In addition, daily transaction sign-ups are worth participating, and 10 points are available for two transactions exceeding $100 per day。
StandX trade-making coin drops are still at an early stage, and in terms of the volume of daily transactions, it is relatively easy and worth participating in to get points, even if they do not swipe the amount of trade to earn points, to save a stable currency's daily score of “white prostitutes”。
Aster: monthly air drops + periodic buybacks for destruction; on-line humans versus AI trade match
According to DeFiLlama's latest dataAster's daily turnover is higher than the most recently expected currency, Lighter, at the top of the Perp DEX project。

Perp DEX Data
Although TGE has been completed, Aster's air-dropping activities are continuing, with a monthly cycle with short interactive cycles and clear rewards。
Phase IV is in progress
At present, phase IV, Aster Harvest, is officially on line at 8 a.m. Beijing time on 10 November, until 7:59 a.m. on 22 December 2025. This phase will allocate 1.5 per cent of the total supply of ASTER tokens and an equal distribution of 0.25 per cent for each of the six cycles of epoch。
Phase 5 will be launched on December 22, for six weeks
Phase V Aster Crystal will be opened after the end of phase IV, as follows:
- Duration: 6 weeks (22 December 2025 to 1 February 2026)
- Proportion allocated:1.2 PER CENT OF THE TOTAL SUPPLY UNDER PHASE V (APPROXIMATELY 96 MILLION ASTERS), OF WHICH 0.6 PER CENT ARE AVAILABLE IMMEDIATELY AFTER THE END OF THE ACTIVITY, AND 0.6 PER CENT HAVE A THREE-MONTH LOCKDOWN PERIOD。
In addition, Aster will be on the Aster Chain Test Network at the end of this year, and next year Q1 will be on the main network, Q2 will be on-line token pledge and governance。
4 Repurchase execution, average daily repurchase scale up to approximately $4 million
ACCORDING TO THE LATEST BULLETIN ISSUED BY THE ASTER TEAM, 4 BUYBACKS WILL BE UPGRADED UNDER THE ESTABLISHED MECHANISM AND THE SCALE OF BUYBACKS WILL BE ACCELERATED FROM 8 DECEMBERIncrease from the original level of approximately $3 million per day to approximately $4 million per dayI don't know。
Officially, this can be done more quickly by repurchaseing the processing fees that have accumulated since 10 November and by strengthening support during periods of market volatility. Based on the current level of fees, it is expected that the steady implementation phase of buy-backs will be reached within 8 to 10 days and that the scale of buy-backs thereafter will continue to be 60 to 90 per cent of the previous day ' s income, as per phase 4。
The team stressed that all operations were carried out in a transparent chain and that the address of the related execution wallet had not been changed (paraaddress: https://bscan.com/adcess/0x573ca9ff6b7f164dff51307750d5cd796006ff4I don't know。
In addition, Aster destroyed 77.86 million ASTERs, worth nearly $80 million, which were repurchased during the S3 season on 5 December。

ONLINE HUMAN-AI TRADE-OFF ACTIVITY
9 December, AsterON X PLATFORMThe text indicates that humans and AI are on the line. 70 funded human investors are negotiating with 30 AI agents operated by @nofA_ai (all initial funds are $10,000). The trade is due from 9 December to 23 December。
To date, only 29 out of 100 traders (real people and AI) have been profitable. There's only nine bits of proceeds above $5,000. I don't know. Eight of them are real traders, one is AI. The most remarkable performance is the real trader, Tippy, with a return of $47,000 and a long lead。

TRENDS IN HUMAN AND AI TRADING PROCEEDS
Lighter: will go online Coinbase, but TGE or delay
Lighter's daily turnover has been at the top of Perp DEX since November 11, when Lighter announced that $68 million in financing had been completed and that Lighter's corporate valuation had reached $1.5 billion since the current round. With regard to the second quarter credits, the official rate is set at Fridays, where marketers allocate 50,000 credits per week (only advanced accounts are eligible to earn credits through the market)Ordinary transaction users will allocate 200,000 credits per week, which will be influenced by factors such as volume of transactions, volume of unsettled contracts, account funds, leverage multiples, gains and losses and the category of trade items, but the specific weights remain unpublished as “blind boxes”。
December 13, Coinbase Markets ON X PLATFORMThe announcement that Lighter would be added to the currency road map also led community members to think that Lighter was not far from TGE。

Coinbase Add Lighter to the previous currency road map
However, according to feedback from members of Japan's AMA involved in the LighterTGE TIME OR DELAY BETWEEN 24 DECEMBER AND 1 JANUARY NEXT YEARI don't know. As a result of this information, the probability of a “no” in the event of the Polymarket platform “Lighter whether or not to make a token drop this year” has risen from 8% on December 16th to 33%。

Polymarket platform "Lighter whether or not to make a token drop this year" event
In addition, in a podcast interview with The Choping Block, which was attended today by the CEO and CEO Vladimir Novakovski, Vladimir said in reply to questions about coins: “In terms of expected management, this is a marathon, not a sprint. Teams and early communities do not really expect the first day to take off, and the more realistic expectation is to start from a relatively healthy position, and then the overall trend slowly rises as products continue to build. It is clear that our goal is not to maximize value on the first day, but rather to place it in a healthy state in the current market environment, on which it will evolve. We've seen too many tokens on the line, and then we're going down."
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