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Is StandX DUSD (DUSD) halal?

Prohibited

2 conditions out of six fail.

Automatic classification based on CoinMarketCap tags and the contract scan, without investigation: the verdict covers only what this data establishes.

Open the evidence file

The asset

Project classified as “derivatives” by CoinMarketCap tags Issuer: Token on BNB.

StandX DUSD (DUSD) is a cryptocurrency launched in 2025and operates on the BNB Smart Chain (BEP20) platform. StandX DUSD has a current supply of 52,851,765.389854. The last known price of StandX DUSD is 0.99885181 USD and is up 0.00 over the last 24 hours. It is currently trading on 40 active market(s) with $32,314.96 traded over the last 24 hours. More information can be found at https://standx.com/.

Why this verdict

  1. Permissible purpose : not met. The project's main purpose falls under: derivatives (CoinMarketCap tags). Rule A.8: an impermissible purpose fails the condition. Automatic classification based on the data, not investigated.
  2. No riba : to be verified or tolerated case. Not investigated: automatic pre-screening does not read this point.
  3. No gambling : not met. According to its tags, the project is based on bets or contracts on price differences.
  4. No excessive gharar : to be verified or tolerated case. Not investigated: automatic pre-screening does not read this point.
  5. Real ownership : to be verified or tolerated case. Not investigated: automatic pre-screening does not read this point.
  6. No fraud or manipulation : to be verified or tolerated case. Not investigated: automatic pre-screening does not read this point.

What could not be verified

Sources read

Other cryptos analyzed

General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology