Task Description

Paradex, a decentralized perpetual exchange operating on the Base layer 2 network, has extended its ongoing airdrop initiative. The team has prolonged Season 2 of its points program by up to six months and increased the planned rewards, aiming to boost engagement before launching the $DIME token.

This update strengthens Paradex’s position in the decentralized derivatives space, where it already benefits from support by major firms such as Jump Trading and Dragonfly Capital.

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What Is Paradex

Paradex runs as a self-custodial platform for trading decentralized perpetual futures. Built on the Base layer 2 network, Paradex handles all trading logic and risk management directly onchain. This approach improves security, transparency, and capital efficiency.

The platform caters to experienced traders seeking alternatives to centralized exchanges. It’s onchain risk engine allows advanced features without relying on custodial risk. The Paradex airdrop offers additional incentives to attract users and grow the community.

The Paradex team has allocated 20% of the total token supply to community airdrops. Season 2 initially received 15%, but the team confirmed they will increase it depending on overall participation and platform activity. The extended season will run for up to six months starting Aug. 1.

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The campaign also includes an affiliate track. To qualify, users must generate at least $50 million in referral trading volume over 30 days or have 5,000 or more followers on social media. This addition supports broader promotion of the Paradex airdrop while targeting high-volume communities.

How Users Can Earn Points in the Paradex Airdrop Program

Paradex rewards participants through multiple activity-based mechanisms:

  • Fee-Paying Volume: Users can earn up to 700,000 fixed points based on their share of trading fees

  • Liquidity Provision: Each week, the platform distributes up to 300,000 points to those who add liquidity to order books

  • Open Interest and TVL: Maintaining active positions generates additional variable points

  • Referral Program: Inviting others earns users extra points tied to their invitees’ activity

Step-by-Step Guide to Join the Paradex Airdrop

  1. Visit the Paradex App
    Go to the Paradex platform, connect your wallet and set your username.

  2. Deposit Your Wallet
    Bridge USDC to the Base network using LayerSwap or another supported bridge. Make sure your wallet is funded before starting any trades.

  3. Start Trading
    Focus on fee-paying trades, especially in BTC pairs, to accumulate points. Manage your positions with attention to leverage.

  4. Track your rewards
    Track your progress on the XP tab. Paradex distributes points weekly on Fridays from a 4 million points pool.

  5. Use Referral Links
    Go to the “Earn” tab, copy your referral link, and share it to collect 10% of your invitees’ points.

Risk Guidelines for Participating in the Paradex Airdrop

New users should start with small positions to understand how the platform operates.

Apply leverage cautiously, in line with your trading experience. Always define your take-profit and stop-loss levels to manage volatility. To reduce exposure, consider using hedging strategies on other platforms. Keep a close eye on open positions to avoid sudden losses or liquidations.

The Paradex airdrop campaign arrives amid growing competition in the decentralized derivatives market. With points tied to real user activity, the program encourages consistent trading, community involvement, and liquidity.

As the platform prepares for the $DIME token launch, the Paradex airdrop is a significant tool for user acquisition and ecosystem growth.