In this market, if a Perps project has only been launched for a few months and the TVL can reach over 100 million USD, it's probably not just running away with points; it truly hit the dead end for whales.

And @StandX_Official found that they are taking the latter approach.
The real trading volume, not generated by retail traders, is driven by the SIP-1 bulk trading module. It opens a zero-slippage VIP channel for big players, allowing those who dare not move large amounts elsewhere to finally put real money in.
What's even more aggressive is that they’ve cut into the margin.
When you open a position, the margin used in DUSD continues to generate interest in the background, combining Base Yield + position yield + fee dividends, creating an almost 10% compounded APY.
No manual staking needed; your money earns passively.
Yesterday, even Fiona from IOSG took to managing growth personally. With such an experienced veteran stepping in, I think she sees more than an ordinary Perps project—she sees an opportunity for capital restructuring.
In this market, there are very few projects that can make large funds sleep soundly and still have no water splash when investing.