Paradex TAP Affiliate Program Sees 100+ Applications in First Week
Paradex TAP Affiliate Program Sees 100+ Applications in First Week
🚀 TAP Applications Flood
Paradex's Token-Aligned Program (TAP) receives strong initial response
The crypto derivatives exchange received over 100 affiliate applications in the first week of its TAP program launch. The company has begun detailed reviews of submissions and will continue accepting applications for a limited time.
Two-tier rewards structure now live:
- Standard Referral Program: 10% commission on referred users' XP (minimum $10k volume requirement)
- TAP Affiliate Program: Dedicated 1% token allocation for qualified affiliates with large followings or trading groups
TAP eligibility criteria:
- 5,000+ social media followers/subscribers
- Trading or alpha group affiliations
- Demonstrated ability to drive platform growth
TAP affiliates earn from both programs simultaneously, with first points distribution scheduled for October 22, 2025. Affiliates can set referee reward rates between 10-100% through the upcoming dashboard.
Apply here if you meet the criteria and can demonstrate your potential impact on Paradex growth.
🎯 **Paradex TAP Affiliate Program: First Wave Approved** Paradex has approved the first batch of affiliates for its **Token-Aligned Program (TAP)**, offering **1.0% of $DIME tokens** over 6 months. **Key Details:** - TAP rewards active contributors who create content and expand Paradex's reach - First TAP points drop: **October 22** - Applications still open for qualified creators - Inactive members will be reviewed and removed **Approved Affiliates Include:** - Major crypto influencers and content creators - Trading groups and alpha communities - Notable names: @KaitoAI, @DefiLlama, @doubletop_io, @cp0xdotcom **Requirements:** - 5,000+ social media followers - Trading/alpha group affiliation - Ability to drive significant growth The program runs alongside Paradex's standard referral system, allowing affiliates to earn from both simultaneously. [Apply here](http://forms.gle/A6raA1inXn7GkqFh7)
Paradex approved first wave of TAP affiliates for token rewards program. 1.0% of $DIME tokens available over 6 months for active contributors. First points drop Oct 22. Applications still open for qualified creators with 5k+ followers.
🔥 Paradex Survives Flash Crash
Paradex faced a major stress test during Oct 10-11 market volatility when extreme price swings triggered mass liquidations. **What Went Wrong:** - Flash crash caused concurrent liquidations overwhelming the GigaLiquidator (GL) - On-chain transaction backlog slowed position unwinding - Chain limits were hit, halting GL trading and busting some trades - Affected users temporarily couldn't open/close positions **Quick Response:** - Activated Cairo Native, doubling throughput within an hour - Settled all Perp Options to reduce GL positions - Temporarily reserved GL PnL pending audit for fairness - Platform returned to normal operation within hours **Resolution:** - **$604,225** credited back to Gigavault depositors - **$160,182** distributed to users affected by incorrect liquidations - TVL cap restored to $60M with deposits re-enabled - Options settlement fees refunded **Key Improvements:** - Optimized chain logic for higher position limits - Enhanced position-limit checks to prevent trade busts - Increased account-resync frequency - Cairo Native permanently enabled for sustained throughput Despite market chaos, **no socialized loss backstops were triggered** and the platform stayed operational throughout.
Paradex Lists $YB Token for Perpetual Trading with Zero Fees
**Paradex has added $YB to its trading platform**, expanding its growing list of available perpetual contracts. The new **$YB-USD-PERP** is now live for trading with **zero fees**, continuing Paradex's recent listing momentum. This marks another addition to Paradex's rapidly expanding token offerings, following recent listings of $BAT, $ATOM, $DASH, and $FORM over the past week. Traders can access the new perpetual contract at [app.paradex.trade](http://app.paradex.trade/trade/YB-USD-PERP).
Paradex Delists Six Perpetual Markets Due to Low Trading Activity
**Six perpetual markets face delisting** on Paradex due to insufficient trading activity. **Markets being removed:** - NIL-USD-PERP - ALCH-USD-PERP - SPK-USD-PERP - SOPH-USD-PERP - MOVE-USD-PERP - HEMI-USD-PERP **Timeline:** - **Reduce-only mode:** October 16, 2025 at 6:00 AM UTC - **Full delisting:** October 16, 2025 at 7:00 AM UTC Any remaining positions will be automatically settled using the 30-minute Spot Price Time-Weighted Average Price (TWAP). This continues a pattern of market cleanup, with **15 markets delisted** in recent months due to low activity. Traders should close positions before the deadline to avoid automatic settlement.