Currently, all these DEXs are competing in "trading mining" and "points preheating," with basically the same套路—拼 liquidity, 拼 incentive力度, 拼 user numbers. But StandX's recent points activity is playing a completely different game.

Let's compare it to common industry practices: most DEXs' point mechanisms are simple and straightforward—higher trading volume means more points, which can then be exchanged for tokens or airdrop rights. Sounds good, but the problems are obvious—it's easy to attract arbitrageurs, and the proportion of genuine trading is actually low, raising concerns about ecosystem retention.

So, what's the difference with StandX? They don't just look at trading volume but incorporate more dimensions into their weighting design. Liquidity provision, ecosystem participation, long-term holding loyalty—all are included in the calculation model. In other words, they want genuine users, not just speculators who run after a quick profit and then leave.

Although this approach might not be as immediately attractive, in terms of ecosystem health and sustainability, its long-term competitiveness will be significantly different. No wonder some insiders have started to notice the name StandX.