What is Paradex?
Paradex is a high-performance decentralized exchange (DEX) built on Starknet, a Layer 2 ZK-rollup that offers scalability and low fees without compromising Ethereum’s security. Specializing in perpetual futures, Paradex brings centralized exchange performance to self-custodial DeFi trading.
The platform enables users to trade perpetual contracts with up to 20x leverage, featuring lightning-fast execution, low latency, and minimal gas costs. All user funds remain in their own wallets, with positions managed on-chain through smart contracts—ensuring full transparency and custody control.
Paradex introduces advanced risk management tools, including real-time margining, on-chain liquidation mechanisms, and isolated positions. It also integrates a synthetic stablecoin, XUSD, used as collateral for margin trading, and is supported by the $DIME token, which plays a role in liquidity incentives and ecosystem governance.
Another key feature is XP (Xperience Points), a reward system that tracks user activity and engagement. These points may contribute to future token distributions or protocol incentives.
With Starknet’s scaling infrastructure and Paradex’s exchange-grade design, the protocol aims to create a seamless trading experience that rivals centralized platforms—while keeping everything trustless, composable, and on-chain.
Paradex Airdrop (XP Program – Season 2)
Paradex, a high-performance decentralized exchange built on Starknet, has confirmed its $DIME token airdrop with a generous 20% of the total supply allocated to participants in its XP (Xperience Points) program. The airdrop will span multiple seasons, with Season 2 currently active from January 3, 2025, through July 31, 2025. This follows Season 1, which ran from February 1, 2024, to January 2, 2025.
The XP program rewards users for active participation in the Paradex ecosystem, with 4 million XP distributed weekly among participants. These points will directly determine a user's share of the DIME token airdrop at the end of Season 2. By engaging with the platform now, you can position yourself to receive a portion of this significant token allocation.
✅ How to Qualify for the Airdrop:
- Join Paradex: → Referral Link – defishills.com/paradex
- Trade on the Platform:
- Execute trades on perpetual futures markets
- Pay trading fees (more volume likely means more XP)
- Maintain open trading positions
- Consider both maker (limit) and taker (market) orders
- Use Vaults and Deposit Collateral:
- Deposit collateral as trading margin
- Try Paradex Vaults for additional XP earnings
- Maintain larger deposits when possible
- Engage with Community Features:
- Link your social media accounts (X and Discord) to improve legitimacy score
- Publish community research if possible
- Participate actively in Discord discussions
- Try new products and features as they launch
- Build a Referral Network:
- Invite friends using your referral link
- Earn bonus XP from their activities
- Help grow the Paradex ecosystem
⚠️ Important Notes:
- Weekly XP distribution occurs every Friday
- Exact XP formulas are intentionally undisclosed to prevent gaming
- The airdrop is expected to happen after Season 2 ends (approximately July 31, 2025)
- $DIME tokens will be fully unlocked at distribution
- The token will serve as the native gas token for the Paradex Chain and offer utility for fee discounts, staking, and governance
