Paradex moved the first Season 3 XP drop to Wednesday, February 18 and confirmed the rewards activity window runs from February 1 (00:00 UTC) to February 17 (00:00 UTC). Going forward, XP drops will occur every Wednesday, establishing a weekly schedule for XP distributions and reward claims during each season.
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Paradex is a self-custodial, zero-fee perpetuals exchange built on a Starknet-based appchain with zk-encrypted account privacy. Paradex integrates an orderbook DEX with deep liquidity and a unified margin system across futures, options, and spot. The ecosystem includes Paradex Exchange, Paradex Chain (built on the SN Stack), and a native synthetic dollar (XUSD) powered by the $DIME token.
8 events
Tracking since about 1 month ago
News (8)
Paradex outlined TGE allocations for XP participants. At TGE, 25% of total supply goes to all XP holders (fully unlocked), 20% to Season 2 holders (up from 15%), and 5% to Pre-Season + Season 1 (unchanged). These parameters clarify token distribution and unlocks for early and recent contributors.
Paradex concluded XP Season 2, distributing 6M XP to 20,244 wallets. The closure finalizes the season’s accrual phase and positions participants for future reward milestones aligned with the project’s token plans. It also provides a clear engagement benchmark as the ecosystem transitions into its next season.
Paradex will begin Season 3 on February 1. The new season adds spot trading, RWA perps, and options, expanding available activities and trading features for participants. This update marks a fresh phase in the XP program with broader product coverage and engagement opportunities.
Paradex distributed 38 BadgerBoxes to users who surpassed 25,000 XP in its points program. The targeted rewards recognize high-engagement participants and provide an additional incentive tier ahead of broader token distributions at TGE. This highlights the value of sustained participation in the XP ecosystem.
Paradex is boosting its XP rewards, offering 50% more XP in the last week of Season 2. Participants can earn the bonus by trading and remaining active on the platform, with XP accrued during this period benefiting from the multiplier. The update highlights the closing phase of Season 2 and may be relevant for users targeting leaderboard or rewards tied to XP accumulation.
Paradex XP Season 2 completed the Week 54 snapshot.
A total of 4M XP was allocated across 17,623 wallets.
Referrals and affiliates received 441K XP.
Trading volume now carries increased weight in XP calculations.
Additionally, 217 BadgerBoxes were dropped.
Paradex has reached $200M TVL, marking a new total value locked milestone.
Important events
Paradex: XP drop schedule change (Update)
update · 7 days ago
Paradex: Airdrop allocation and unlocks (TGE)
TGE · 17 days agoHot
Paradex: Season 2 ends, 6M XP (Points Program)
points program · 17 days ago
Paradex: Season 3 starts Feb 1 (Launch)
launch · 17 days ago
Paradex: BadgerBoxes to high XP users (Airdrop)
airdrop · 17 days ago
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