XP Season 1 Distribution Details Announced

**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](http://shop.paradex.trade) discount codes **Resources:** - [Quote Quality XP docs](http://docs.paradex.trade/xp-referrals/quote-quality) - [Discord community](http://discord.gg/paradex) - [Free trading fees](http://docs.paradex.trade/trading/trading-fees) Selected traders will receive DMs for discount codes.

**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.

**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 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 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.