Paradex confirms the timeline for the $DIME token generation event and expands the airdrop allocation after the end of XP Season 2

Paradex officially announces the successful conclusion of Season 2 of XP today, marking an important step towards the upcoming $DIME Token Generation Event (TGE).

To continue its commitment to "trader-first" incentives, Paradex confirms that 25% of the fully diluted total supply of $DIME will be airdropped to all XP holders at the TGE, with the tokens fully unlocked upon issuance.

To significantly expand rewards for the community, Paradex also announces that Season 2 XP holders will receive 20% of the total token supply, up from the originally planned 15%. This move further reinforces the platform's long-term focus on rewarding active participation in ecosystem building.

The TGE for $DIME is currently scheduled to take place after the Chinese Lunar New Year holiday, either at the end of February or the beginning of March. The specific date will be announced by the Paradex Foundation.

XP Season 2: Significant Growth and Final Week Distribution

Season 2 of XP has been a period of tremendous growth for Paradex across various core protocol metrics:

• Daily trading volume increased from $68 million to $2.1 billion (31 times growth)
• Open contracts rose from $28 million to $679 million (24 times growth)
• Total locked value grew from $25 million to $218 million (9 times growth)
• Total users increased from 4,100 to 70,300 (17 times growth)

In the final week of this season (January 23 to January 29), Paradex directly distributed 6 million XP to active user wallets and allocated additional rewards through referral codes and affiliate programs.

Users with more than 25,000 XP in the final week also received an exclusive BadgerBox airdrop.

The final waitlist snapshot is scheduled for January 31 at 00:00 UTC.

$DIME Airdrop Distribution Details

Paradex has confirmed the following distribution structure for $DIME at the TGE:

• 25% of the total supply allocated to all XP holders (fully unlocked)
• 20% specifically allocated to Season 2 XP participants (up from 15%)
• 5% reserved for previous season and Season 1 XP holders (unchanged)

With half of the token supply specifically allocated for user rewards and participation incentives, Paradex continues to build a trading platform centered around long-term ecological co-construction.

Token Generation Event Details

• Token: $DIME
• Time: After the Lunar New Year
• Target Window: Last week of February or first week of March
• Initial Listing: Paradex spot market
• Issuer: Paradex Foundation (specific date to be announced)

XP Season 3 to Launch on February 1

Looking ahead, Paradex announces that XP Season 3 will officially launch on February 1, with a focus on the next phase of ecosystem expansion, including:

• Spot trading
• Real World Asset (RWA) perpetual contracts
• Options market

XP accumulation will begin immediately on February 1, while the distribution of XP for the first week will occur after the TGE to ensure the team can prioritize a smooth and focused token issuance.

Paradex reiterates its commitment to transparent execution, continuous collaborative incentives, and rewarding those traders and builders who drive long-term growth in the ecosystem.

About Paradex

Paradex is a privacy-first, zero-fee on-chain perpetual contract exchange focused on providing high-performance decentralized trading infrastructure for global cryptocurrency participants.