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Paradex to Conduct Genesis Airdrop and Update Tokenomics on March 5

2026-03-04 16:25

Odaily News: The Paradex Foundation announced on the X platform that it will conduct a genesis airdrop on March 5. Eligible users can claim DIME through the Paradex user interface within two weeks. Initially, DIME will only be tradable on the Paradex platform, with plans to list on more platforms in the future:

Genesis Time: March 5, 2026, 3:00 PM Beijing Time

Initial Listing Time: March 5, 2026, 10:00 PM Beijing Time

Furthermore, Paradex has updated its tokenomics:

The airdrop allocation has been increased from 20% to 25%. The distribution for the Season 2 XP community airdrop has been raised by 5 percentage points, from 20% to 25% of the total supply.

The Foundation acquired 4.4% of the supply through XP purchases, primarily from institutional holders. This reduces the circulating supply at TGE to 24.5%, mainly from institutional holders (excluding the Foundation treasury).