Paradex Confirms $DIME Token Launch Timeline, Expands XP Season 2 Airdrop Allocation

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

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

To significantly expand rewards for the community, Paradex also announced 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, in late February or early March. The specific date will be announced by the Paradex Foundation in due course.

XP Season 2: Significant Growth & Final Week Distribution

XP Season 2 was a period of tremendous growth across Paradex's core protocol metrics:

· Daily trading volume grew from $68 million to $2.1 billion (a 31x increase)

· Open interest grew from $28 million to $679 million (a 24x increase)

· Total Value Locked grew from $25 million to $218 million (a 9x increase)

· Total users grew from 4,100 to 70,300 (a 17x increase)

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

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

The final waitlist snapshot is planned for January 31, 00:00 UTC.

$DIME Airdrop Allocation Breakdown

Paradex confirmed the following allocation structure for $DIME at TGE:

· 25% of total supply allocated to all XP holders (fully unlocked)

· 20% specifically allocated to Season 2 XP participants (increased from 15%)

· 5% reserved for Pre-Season and Season 1 XP holders (unchanged)

By dedicating half of the token supply to user rewards and participation incentives, Paradex continues to build a trading platform centered around long-term, collaborative ecosystem growth.

Token Generation Event Details

· Token: $DIME

· Timing: 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 TBA)

XP Season 3 to Launch on February 1

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

· Spot Trading

· Real World Asset (RWA) Perpetuals

· Options Markets

XP accumulation will begin immediately on February 1, while the first week's XP distribution will occur after the TGE, allowing the team to prioritize a smooth and focused token launch.

Paradex reiterates its commitment to transparent execution, continuous incentive alignment, and rewarding the traders and builders who drive the ecosystem's long-term growth.

About Paradex

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