Paradex

    What is Paradex?

    Paradex is a decentralized perpetual exchange (DEX) built on Base, a Layer 2 network. The platform offers self-custodial trading with an on-chain risk engine designed for capital efficiency. This means all derivative transactions and complex trading logic are validated directly on the Layer 2 network, ensuring security and transparency.

    The project has received backing from notable crypto investment firms including Jump Trading and Dragonfly Capital, positioning it as a significant player in the decentralized derivatives trading space. Paradex focuses on providing traders with advanced perpetual trading features while maintaining the benefits of decentralization.

    Paradex Airdrop Details

    Paradex is running a points program and has allocated 20.0% for Community Airdrop. Paradex has announced that Season 2 of their points program will be extended by up to 6 months to ensure optimal conditions for the $DIME token listing. Season 2 allocation will be increased from the current 15% size. The total amount above 15% will be determined at the end of Season 2 and will depend on total traction and participation. The points program includes both fixed and variable rewards based on user activity, trading volume, and liquidity provision.

    Users can earn points through various activities:

    • Up to 700,000 fixed points based on fee-paying trading volume share
    • Up to 300,000 points weekly for providing liquidity to order books
    • 10-20 points for maintaining open interest and TVL
    • Additional points through the referral program

    A further 26.6% of the token supply is dedicated to community rewards following the airdrop campaign (after February 2026) and 5% is allocated to liquidity programs.

    How to Participate in the Paradex Airdrop

    1. Get USDC on Base
      • Bridge ETH to Base network using Rhino
    2. Access Paradex
      • Visit the Paradex App
      • Connect your wallet
      • Ensure you’re on the Base network
    3. Deposit Funds
      • Use LayerSwap to bridge your USDC to Paradex Layer 2
      • Bridge fees are approximately $0.10
    4. Start Trading
      • Focus on BTC trading pairs for better liquidity
      • Manage your positions carefully using appropriate leverage
      • Consider using a hedging strategy on other platforms to minimize risk
    5. Provide Liquidity (Optional)
      • Contribute to order book liquidity to earn additional points
      • Points are awarded based on maker trading volume
    6. Set Up Referrals
      • Click on “Earn” in the menu
      • Find your referral link
      • Share with others to earn 10% from invited users’ activity

    Latest Update: Paradex TAP Affiliate Program Launch

    Paradex has launched a TAP (Trading Affiliate Program) with 1% of the $DIME token supply allocated to affiliates.

    How to Apply

    Submit your application here

    Eligibility Requirements

    • Large social media following (5,000+ followers/subscribers)
    • Run or are affiliated with trading/alpha groups
    • Can significantly impact Paradex growth or mindshare

    Include links to your channels (X/Twitter, YouTube, Telegram/Discord, newsletter/website) and demonstrate your reach when applying.

    Maximizing Your Points

    • Trade consistently to accumulate fee-paying volume
    • Consider becoming a liquidity provider for additional points
    • Maintain active positions to earn variable points
    • Use the referral program to boost your earnings
    • Monitor your point accumulation through the platform dashboard

    Risk Management Tips

    • Start with smaller positions to understand the platform
    • Use appropriate leverage based on your experience
    • Set clear take-profit and stop-loss levels
    • Consider hedging strategies to manage risk
    • Monitor your positions regularly

    Frequently Asked Questions

    When does Season 2 end?

    Season 2 of the points program has been extended for up to six months starting August 1.

    What are the requirements for the affiliate program?

    Users need either $50 million in 30-day referral volume or 5,000+ social media followers.

    How are points calculated?

    Points are awarded based on trading volume, liquidity provision, and general platform activity, with both fixed and variable components.

    Can I participate from any country?

    Check your local regulations regarding derivatives trading before participating.

    The Paradex points program offers multiple ways to participate in the platform’s growth. By following this guide and maintaining consistent activity, users can position themselves for potential future token distributions while engaging with a decentralized perpetuals trading platform.

    You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

    Don't forget to follow us on Twitter, Telegram, & Facebook and subscribe our newsletter to receive new airdrops!

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    Max. Participants

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