AIrdrop Agent

Paradex

Perp DEX · Starknet

Zero-fee perpetuals, options and spot trading

Participation

Open now

Token

Not announced

Potential
Total funding

—

Major VCs
—
Last verified

2026-08-06

Potential is AirdropAgent's editorial assessment and does not confirm an official distribution.

Tasks

Points
  1. Connect a wallet at the official site (https://www.paradex.trade/).
  2. Trade perps, spot or options to earn XP (Season 3 drops weekly on Wednesdays).
  3. Generate a referral code and share it to earn referral XP too.
  4. Hold and stake $DIME to move up fee-discount tiers.

Events & campaigns

Overview

Paradex is a privacy-focused DEX for perpetuals, options and spot trading. Its token $DIME launched with a genesis airdrop on March 5, 2026, and XP Season 3, referral rewards and $DIME staking fee discounts are currently running.

Analysis

  • Incubated by Paradigm and backed by named leading investors, per the official site.
  • Per CoinGecko, market cap is about $2.7M and FDV about $12.3M.
  • The token is down roughly 83% from its ATH of $0.07219 (March 5, 2026).
  • The exact weighting formula for XP Season 3 has not been disclosed.
  • Staking only reduces fees; no APY-style yield has been confirmed.
  • The Token-Aligned Affiliate Program has already ended, and its claim window has closed.

Token & distribution status

Token
Not announced
Ticker
Not announced
TGE
Not announced
Allocation
Published

Allocation

  • Pre-Season + Season 1 (Feb 1, 2024 – Jan 2, 2025): about 100M XP distributed; TGE allocation was 5% of supply.
  • Season 2 (Jan 3, 2025 – Jan 29, 2026): about 236M XP distributed; TGE allocation was 20% of supply, the main chunk of the community airdrop.
  • HODL Szn (Jun 6 – Jul 3, 2024): a 5x boost on OI Points; already completed.
  • TAP (Oct 8, 2025 – Apr 21, 2026): 1.0% of $DIME supply allocated pro-rata to affiliates; distributed Jul 21, 2026, claim closed Aug 4, 2026.
  • Season 3 (Feb 1, 2026 – TBD): currently running, 4,000,000 XP distributed weekly; Week 24 (Jul 22–28) distributed 4M XP to 3,500 wallets.

Tokenomics

  • Total supply is not disclosed.
  • The community airdrop equals 25% of supply.
  • Of that, 20% went to Season 2 XP holders and 5% to Pre-Season + Season 1 holders.
  • Some reports mention team tokens partly locked to public KPIs, but this is unconfirmed.

AirdropAgent view

This is our analysis of public information, not an official programme rule.

  • The main thing to do now is farm Season 3 XP weekly (dropped every Wednesday, end date TBD).
  • Actual trading in perps, options or spot is needed since idle balances don't accrue much XP.
  • Generate a referral code; referral XP kicks in once referred volume passes $10,000.
  • Frequent Pro traders benefit from staking $DIME to climb fee-discount tiers.
  • TAP has already ended, so new participation is not possible.

Security & risks

Verified security information

  • Docs reference lockdown mode, guardian keys, audits and a bug bounty, but no named audit firm or date is confirmed.
  • Reports mention a past price-feed issue causing mass liquidations, but this has not been officially detailed.

Key risks

  • $DIME is down about 83% from its ATH of $0.07219 (Mar 5, 2026).
  • $DIME staking only discounts fees; no APY yield is offered.
  • The XP Season 3 weighting formula is undisclosed, making earn-rate hard to estimate.
  • Reports describe a past price-feed issue that triggered mass liquidations; risk-control effectiveness is unverified.
  • Restricted Persons (certain regions/status) cannot use the platform.
  • No publicly confirmed audit firm name or audit date exists.

Recent moves on X

Only posts about joining or distribution, shown as posted. Click through for the original.

What's next

  • Season 3's end date remains TBD.
  • Further rollout of Paradex Chain (DimeVM) is reportedly underway.
  • Paradigm's institutional RFQ liquidity is said to be integrating into Paradex with zero fees.

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