StandX, a PerpDEX within the BNB ecosystem, has officially launched the SIP-5 Universal Markets Listing framework. According to Odaily, this framework allows users to deploy perpetual contracts, prediction markets, pre-market, RWA derivatives, and structured derivatives by staking DUSD or StandX's future governance tokens.
The core formula of SIP-5 is UM = Seed + Oracle Grid + Shield. Here, 'Seed' refers to the listing pledge funds from the deployer (Sponsor), which are fully allocated to the community market maker incentive pool with no protocol retention. The 'Oracle Grid' offers three layers of price source support, including blind quotes, Pyth-Chainlink integration, and custom supervision. 'Shield' acts as an optional first-loss buffer to absorb extreme risks. Sponsors can earn up to 70% of transaction fees and can activate Stand Mode to automatically roll back fees into the market-making pool's growth cycle.
Currently, StandX has implemented foundational infrastructure such as the DUSD yield-bearing stablecoin, with an APY of 8-10%+, and the MM Uptime market maker plan. SIP-5 is designed to integrate all underlying modules as a top-level design. The team has previously hinted at a TGE target within the year.