Paradex confirms the DIME Token Generation Event timeline and expands the airdrop allocation after the end of XP Season 2

2026-01-31 04:25

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Paradex is committed to transparent execution, ongoing incentive alignment, and rewarding traders and builders who drive long-term ecosystem growth.

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

To continue its commitment to a "Trader-First" incentive, Paradex has confirmed that 25% of the fully diluted total supply of DIME will be airdropped to all XP holders at TGE, with tokens fully unlocked at issuance.

To further enhance rewards to the community, Paradex has also announced that XP Season 2 participants will receive 20% of the total token supply, up from the original 15%. This further strengthens the platform's focus on rewarding ecosystem-building behavior.

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

XP Season 2: Significant Growth and Final Week Distribution

XP Season 2 was a period of tremendous growth for Paradex across key protocol metrics:

· Average daily trading volume increased from $68 million to $21 billion (31x growth)

· Open interest increased from $28 million to $679 million (24x growth)

· Total value locked increased from $25 million to $218 million (9x growth)

· Total users increased from 4,100 to 70,300 (17x 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 the affiliate program.

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

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

DIME Airdrop Distribution Details

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

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

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

·5% reserved for previous season and Season 1 XP holders (unchanged)

Half of the token supply will be specifically used for user rewards and participation incentives as Paradex continues to build a trading platform focused on long-term ecosystem co-construction.

Token Generation Event Details

· Token: DIME

· Time: After Chinese 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)

Season 3 of XP Will Start on February 1

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

· Spot Trading

· Real World Asset (RWA) Perpetual Contracts

· Options Market

XP accumulation will begin immediately on February 1, and the distribution of XP for the first week will take place after the TGE to allow the team to prioritize a smooth and focused token issuance.

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

About Paradex

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