🚀 Paradex Week 39 Recap
🚀 Paradex Week 39 Recap
🎯 TAP Program Launches
4M XP distributed across 11,034 wallets (+16% week-over-week)
Key Updates:
- TAP program delayed 1 week, officially starts today
- 162,880 XP distributed to VIP Affiliates under old program
- 250,000 XP allocated for liquidity improvements
- GigaVault overweighted for better rewards
Trading Incentives:
- UI trading volume getting boosted rewards
- RPI maker volume overweighted in coming weeks
- 50 traders earned 90% Paradex Store discount codes
Resources:
Selected traders will receive DMs for discount codes.
Week 3 of the Send it to Zero competition will be based on volume & PnL from trading Perpetual Options 700,000 XP on the table Send it paradex.trade/send-it-to-zero
🌟 XP Season 2: Week 7 🌟 + 4M XP was distributed across 5,439 wallets for activity during the period of Feb14-Feb20 (+31% w-o-w) Multiple Sybils were slashed including those engaged in low-quality engagement farming of Kaito yaps. + In line with the ongoing Liquidity
🌟 XP Season 2: Week 21 🌟 + 4M XP was distributed across 8,079 wallets for activity during the period of May23-May29 (+1% w-o-w) + 750,000 XP was distributed to Perpetual Options traders as a part of the Send It to Zero 2.0 competition. Next week, Perpetual Option makers will
🌟 XP Season 2: Week 36 🌟 + 4M XP was distributed across 7,646 wallets for activity during the period of Sep12-Sep18 (+18% w-o-w) + 115,713 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + 500,000 XP was allocated to improve
🌟 XP Season 2: Week 10 🌟 + 4M XP was distributed across 7,123 wallets for activity during the period of Mar7-Mar13 (+5% w-o-w). + In line with the ongoing LIP, New Listings and Low-Liquidity Markets were overweighted across Fee, Maker, and OI categories + 10,000 XP was
🌟 XP Season 2: Week 16 🌟 + 4M XP was distributed across 8,462 wallets for activity during the period of Apr18-Apr24 (+8% w-o-w) + New Listings and Low-Liquidity markets were overweighted across Fee, Maker, and OI categories + 700,000 XP was distributed to Perpetual Options
🌟 XP Season 2: Week 6 🌟 + 4M XP was distributed across 4,199 wallets for activity during the period of Feb7-Feb13 (+23% w-o-w) + 50,000 XP was distributed to Perpetual Options Beta testers + 157,123 XP was distributed to VIP Affiliates as part of the Affiliate Program for this
🌟 XP Season 2: Week 4 🌟 + 4M XP was distributed across 3,143 wallets for activity during the period of Jan24-Jan30 (-1% w-o-w ). + 50,000 XP was distributed to Perpetual Options beta testers. + Additional 108,312 XP was distributed to VIP Affiliates from our affiliate
🌟 XP Season 2: Week 31 🌟 + 4M XP was distributed across 5,962 wallets for activity during the period of Aug1-Aug7 (-14% w-o-w) + 85,527 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + 750,000 XP was allocated to improve
🌟 XP Season 2: Week 24 🌟 + 4M XP was distributed across 7,711 wallets for activity during the period of Jun13-Jun19 (-1% w-o-w) + 750,000 XP was distributed to Perpetual Options traders as a part of the Send It to Zero 2.0 competition. Send it to Zero will be extended another
🌟 XP Season 2: Week 9 🌟 + 4M XP was distributed across 6,764 wallets for activity during the period of Feb28-Mar6 (+17% w-o-w). + In line with the ongoing LIP, New Listings and Low-Liquidity Markets were overweighted across Fee, Maker, and OI categories + 10,000 XP was
🌟 XP Season 2: Week 18 🌟 + 4M XP was distributed across 8,702 wallets for activity during the period of May2-May8 (-2% w-o-w) + New Listings and Low-Liquidity markets were overweighted across Fee, Maker, and OI categories + 700,000 XP was distributed to Perpetual Options
🌟 XP Season 2: Week 26 🌟 + 4M XP was distributed across 7,036 wallets for activity during the period of Jun27-Jul3 (-3% w-o-w) + 750,000 XP was distributed to Perpetual Options traders as a part of the Send It to Zero 2.0 competition. The competition ended this week. Perpetual
Week 3 of the Send It to Zero competition: Volume & PnL-based gambling Top and bottom performers will be Crowned or Clowned View the leaderboard at paradex.trade/send-it-to-zero or use /leaderboard in our Perp Options Discord channel (discord.gg/paradex)
🌟 XP Season 2: Week 23 🌟 + 4M XP was distributed across 7,756 wallets for activity during the period of June6-June12 (-5% w-o-w) + 750,000 XP was distributed to Perpetual Options traders as a part of the Send It to Zero 2.0 competition. Perpetual Options makers are and will
🌟 XP Season 2: Week 14 🌟 + 4M XP was distributed across 8,425 wallets for activity during the period of Apr4-Apr10 (-4% w-o-w) + 350,000 XP was distributed to Perpetual Options traders. Note that Perpetual Options traders may receive higher XP going forward + New Listings
🌟 XP Season 2: Week 15 🌟 + 4M XP was distributed across 7,838 wallets for activity during the period of Apr11-Apr17 (-7% w-o-w) + New Listings and Low-Liquidity markets were overweighted across Fee, Maker, and OI categories + 700,000 XP was distributed to Perpetual Options
XP Season 1: Week 8 🔥 + 4M XP was distributed across 2782 wallets for activity during the period of Dec 27 - Jan 2 (+52% w-o-w ). This concludes Season 1. Season 2 commenced on Jan 3. + Multiple sub-accounts associated with Sybil behavior were identified and slashed. As a
Last XP Drop of Season 1 incoming. XP Season 2 has officially begun.
🌟 XP Season 2: Week 29 🌟 + 4M XP was distributed across 6,905 wallets for activity during the period of Jul18-Jul24 (-11% w-o-w) + 143,493 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + 750,000 XP is being allocated weekly to
🌟 XP Season 2: Week 19 🌟 + 4M XP was distributed across 8,511 wallets for activity during the period of May9-May15 (-2% w-o-w) + Gigavault XP was overweighted and distribution updated to reward significant depositors + 500,000 XP was distributed to Perpetual Options traders.
XP Season 2: Week 38 + 4M XP was distributed across 9,551 wallets for activity during the period of Sep19-Sep25 (+25% w-o-w) + 153,033 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + A final “top-up” will be performed next week to
🌟 XP Season 2: Week 5 🌟 + 4M XP was distributed across 3,413 wallets for activity during the period of Jan31-Feb6 (+9% w-o-w ). + 20,000 XP was distributed to Perpetual Options beta testers. + 164,521 XP was distributed to VIP Affiliates from our new affiliate program for
⭐️ XP Season 2: Week 2 ⭐️ + 4M XP was distributed across 2809 wallets for activity during the period of Jan10-Jan16. Liquidity provisioning was overweighted and multiple Sbyils slashed. + Note that Top 50 users, by volume, each week may get early access to Perp Options 🔥 +
🌟 XP Season 2: Week 27 🌟 + 4M XP was distributed across 7,415 wallets for activity during the period of Jul4-Jul10 (+5% w-o-w) + 212,112 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + Starting next week, 750,000 XP per week
🌟 XP Season 2: Week 33 🌟 + 4M XP was distributed across 5,913 wallets for activity during the period of Aug15-Aug21 (+11% w-o-w) + 130,728 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + 500,000 XP was allocated to improve
🌟 XP Season 2: Week 12 🌟 + 4M XP was distributed across 8,558 wallets for activity during the period of Mar21-Mar27 (+14% w-o-w) + New Listings and Low-Liquidity Markets were overweighted across Fee, Maker, and OI categories + 7,500 XP was distributed to Perpetual Options
⭐️ XP Season 2: Week 1 ⭐️ + 4M XP was distributed across 3086 wallets for activity during the period of Jan3-Jan9 (+11% w-o-w ). Multiple Sybils were slashed. + 71000 XP was distributed to users who experienced the TPSL bug—our little thank-you for your patience last week. +
🌟 XP Season 2: Week 11 🌟 + 4M XP was distributed across 7,502 wallets for activity during the period of Mar14-Mar20 (+5% w-o-w) + New Listings and Low-Liquidity Markets were overweighted across Fee, Maker, and OI categories + 5,000 XP was distributed to Perpetual Options Beta
🌟 XP Season 2: Week 3 🌟 + 4M XP was distributed across 3,174 wallets for activity during the period of Jan17-Jan23 (+13% w-o-w ). + 6,800 XP was distributed as Community XP to users who contributed to our community growth and developer tools + 31,337 XP was distributed to
Effective immediately, we're kicking off 4 Weeks of unadulterated, irresponsible gambling with Perpetual Options. 700,000 XP will be dropped weekly. Send it to Zero 👉 paradex.trade/send-it-to-zero
🌟 XP Season 2: Week 30 🌟 + 4M XP was distributed across 6,882 wallets for activity during the period of Jul25-Jul31 (-0.3% w-o-w) + 96,187 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + 750,000 XP is being allocated weekly to
🌟 XP Season 2: Week 13 🌟 + 4M XP was distributed across 8,774 wallets for activity during the period of Mar28-Apr3 (+3% w-o-w) + 215,000 XP was distributed to Perpetual Options traders. Note that Perpetual Options traders may receive higher XP going forward + New Listings and
🌟 XP Season 2: Week 8 🌟 + 4M XP was distributed across 5,779 wallets for activity during the period of Feb21-Feb27 (+5% w-o-w). + In line with the ongoing LIP, New Listings and Low-Liquidity Markets were overweighted across Fee, Maker, and OI categories + 25,000 XP was
🌟 XP Season 2: Week 39 🌟 + 4M XP was distributed across 11,034 wallets for activity during the period of Sep26-Oct2 (+16% w-o-w) + The TAP program was delayed by 1 week and will officially start today. As a result, 162,880 XP was distributed to VIP Affiliates as part of the
🌟 XP Season 2: Week 20 🌟 + 4M XP was distributed across 8000 wallets for activity during the period of May16-May22 (-6% w-o-w) + Gigavault XP remains overweighted with distribution favoring to significant depositors + 500,000 XP was distributed to Perpetual Options traders
🌟 XP Season 2: Week 34 🌟 + 4M XP was distributed across 6,185 wallets for activity during the period of Aug22-Aug28 (+5% w-o-w) + 168,476 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + 500,000 XP was allocated to improve
🌟 XP Season 2: Week 36 🌟 + 4M XP was distributed across 6,481 wallets for activity during the period of Sep5-Sep11 (+0% w-o-w) + 131,457 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + 500,000 XP was allocated to improve
🌟 XP Season 2: Week 28 🌟 + 4M XP was distributed across 7,757 wallets for activity during the period of Jul11-Jul17 (+5% w-o-w) + 160,116 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + 750,000 XP is now being allocated weekly
🌟 XP Season 2: Week 32 🌟 + 4M XP was distributed across 5,326 wallets for activity during the period of Aug8-Aug14 (-11% w-o-w) + 149,890 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + 750,000 XP was allocated to improve
🌟 XP Season 2: Week 22 🌟 + 4M XP was distributed across 8,177 wallets for activity during the period of May30-June5 (+1% w-o-w) + 750,000 XP was distributed to Perpetual Options traders as a part of the Send It to Zero 2.0 competition. Perpetual Options makers are and will
Week 4 of the Send it to Zero competition will be based on volume & PnL from trading Perpetual Options 700,000 XP on the table, last week so fkin bet it all. Fuc ittt Send it paradex.trade/send-it-to-zero
XP Season 2: Week 2 Update During the initial Week 2 (S2) XP distribution, 976 wallets were unintentionally excluded from receiving ~46k in total XP (~1.1% of the 4M weekly XP allocation). As a result, 1089 wallets were overallocated in the initial distribution. We have updated
⭐️ XP Season 2: Week 2 ⭐️ + 4M XP was distributed across 2809 wallets for activity during the period of Jan10-Jan16. Liquidity provisioning was overweighted and multiple Sbyils slashed. + Note that Top 50 users, by volume, each week may get early access to Perp Options 🔥 +
🌟 XP Season 2: Week 17 🌟 + 4M XP was distributed across 8,880 wallets for activity during the period of Apr25-May1 (+5% w-o-w) + New Listings and Low-Liquidity markets were overweighted across Fee, Maker, and OI categories + 700,000 XP was distributed to Perpetual Options
🌟 XP Season 2: Week 25 🌟 + 4M XP was distributed across 7,239 wallets for activity during the period of Jun20-Jun26 (-6% w-o-w) + 750,000 XP was distributed to Perpetual Options traders as a part of the Send It to Zero 2.0 competition. The competition will be extended for 1
🌟 XP Season 2: Week 35 🌟 + 4M XP was distributed across 6,452 wallets for activity during the period of Aug29-Sep4 (+4% w-o-w) + 179,347 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity + 500,000 XP was allocated to improve
Paradex Delists Three Perpetual Markets Due to Low Trading Activity
**Three perpetual markets face delisting on Paradex** due to insufficient trading activity. **Markets being removed:** - PNUT-USD-PERP - NEWT-USD-PERP - SUN-USD-PERP **Timeline:** - **Reduce-only mode**: October 5, 2025 at 6:00 AM UTC - **Full delisting**: October 5, 2025 at 7:00 AM UTC Any remaining open positions will be automatically settled at the 30-minute spot price time-weighted average price (TWAP). This follows a pattern of regular market cleanup, with Paradex previously delisting underperforming markets in September including COOKIE, CRO, MUBARAK, TST, and SCR perpetuals. Traders holding positions in these markets should close them before the deadline or prepare for automatic settlement.
🍰 CAKE Perp Now Live
**Paradex adds $CAKE perpetual trading** The derivatives exchange has listed CAKE-USD-PERP for live trading on their platform. - Available now at [app.paradex.trade](http://app.paradex.trade/trade/CAKE-USD-PERP) - Part of Paradex's ongoing token expansion - Follows recent listings of $2Z, $PURR, $FF, and others Paradex continues expanding its perpetual futures offerings beyond major tokens like ETH, BTC, and SOL. **Start trading CAKE perps today.**
🎉 Paradex Hits $1B Daily Volume Milestone
**Paradex celebrates reaching $1 billion in daily trading volume** with a new XP Share Card campaign. **Key Details:** - Campaign runs until October 1st SGT midnight - Share your XP card to earn rewards and qualify for prizes - Special MoneyBadger Gifts available for Token2049 Community Day attendees **How to Participate:** - Quote the announcement post with your XP card - Winners selected based on engagement, impressions, and creativity **Prizes Available:** - 10 winners attending Token2049: Exclusive MoneyBadger Gift + XP - 10 winners not attending: XP rewards This milestone comes just one month after Paradex launched on mainnet, quickly establishing itself among the top 10 derivatives DEXs with $75M in 24-hour volume.
Paradex Reaches $100B Lifetime Trading Volume Milestone
**Paradex has achieved $100 billion in lifetime trading volume**, marking a significant milestone for the Starknet-based derivatives exchange. The platform, which operates as **Starknet's first Appchain**, has been building momentum in the competitive derivatives trading space. Key highlights: - Built on high-performance Starknet infrastructure - Focuses on crypto-derivatives trading - Part of the growing ecosystem of specialized trading platforms This volume milestone demonstrates the platform's traction in the derivatives market, joining other major exchanges that have reached similar trading benchmarks.