History always repeats itself in astonishing ways.

StandX is copying the successful model of Blur. From the project's operational rhythm to the roles of key figures, even the logic of ecosystem expansion is eerily similar. If this path continues, StandX is very likely to sequentially challenge Hyperliquid and Aster, ultimately aiming to dominate the entire Perpdex track, only to fall at the peak—this is the same old script.

Recently, market voices have been praising StandX for pioneering the new Maker Points model. But a careful review of history shows that this approach has actually been used before. The first to truly implement this model and achieve results was a project that once swept through the NFT industry. However, it was later submerged in the tide of history, and few people mention it anymore.

Innovation often works this way—what seems like a fresh model is actually just a reassembly of existing frameworks. How far StandX can go depends not so much on how innovative the model itself is, but on whether it can avoid the pitfalls of its predecessors.