Paradex | Starknet Derivative DEX with $DIME Listed
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Table of Contents
Paradex is a high-performance derivative exchange built on Starknet. Following the TGE of its native token $DIME in March 2026, it offers Zero-Fee Perpetuals (ZFP) across 250+ markets. This article covers Paradex's key features, the $DIME token, and how to participate in XP Season 3.
Project Overview
| Item | Details |
|---|---|
| Chain | Starknet (Appchain) |
| Category | DEX / Derivatives |
| Stage | Mainnet (Exchange Live) |
| Funding | Seed $17M (Pantera Capital, Blockchain Capital, Paradigm) |
Paradex is the first Appchain on Starknet, enabling self-custodial high-performance derivative trading. Founded by Paradigm's co-founder, it raised $17M in seed funding from Pantera Capital and Blockchain Capital. In September 2025, it introduced Zero-Fee Perpetuals (ZFP), offering maker/taker fee-free trading across 250+ markets. As of February 2026, it has recorded TVL of approximately $3.02B and open interest (OI) exceeding $550M, demonstrating rapid growth.
Key Features & Strengths
- Zero-Fee Trading: Offers fee-free perpetual and spot trading for retail users (ZFP)
- 250+ Trading Markets: Supports derivative trading across a wide range of crypto assets
- High-Performance L2: Ultra-fast, low-latency trading experience powered by Starknet Appchain technology
- Self-Custodial: Users maintain custody of their assets, reducing asset risk
- Massive TVL: Boasts approximately $3.02B in TVL, expanding its presence in the DeFi derivatives space
DIME Token Information
$DIME is the native gas token of Paradex Chain, with its TGE (Token Generation Event) completed on March 5, 2026.
| Item | Details |
|---|---|
| Ticker | DIME |
| TGE Date | March 5, 2026 |
| Total Supply | 1 Billion DIME |
| FDV | Approximately $43M |
| Listed On | Paradex (Initial Listing), Listed on CoinGecko/CoinMarketCap |
The main uses of $DIME include trading fee payments and discounts, staking, liquidity mining rewards, and governance voting. Token allocation: Community Airdrop 20%, Ongoing Community Rewards 26.6%, Liquidity Programs 5%, Foundation Budget 6%, Core Contributors 25.1%, Future Core Contributors & Advisors 3.9%, Paradigm Shareholders 13.4%.
Airdrop & How to Participate
Genesis Airdrop (Ended)
The $DIME Genesis Airdrop claim started on March 5, 2026, and the claim period ended on March 19. 25% of the total supply was distributed to XP holders (Season 2: 20%, Pre-Season + Season 1: 5%). There was no vesting — tokens were immediately tradable.
XP Season 3 (Ongoing)
XP Season 3 has been ongoing since February 1, 2026.
| Item | Details |
|---|---|
| Status | Season 3 Ongoing |
| Start Date | February 1, 2026 |
| XP Distribution | Every Wednesday |
| Requirements | Trade, provide liquidity, or deposit in Vaults on Paradex |
How to earn XP:
- Trading Volume: Earn points based on position size and trading volume
- Liquidity Provision: Contribute to order book depth with limit orders
- Vault Deposits: Earn points through passive liquidity pool management
- Referrals: Referrers earn 10% of XP earned by friends (referred users get 5% bonus, requires 10k USD+ volume)
How to Get Started
Steps Overview
- Visit Paradex
- Connect your wallet
- Sign to create your Paradex account
- Deposit ETH-USDC
- Start trading with your deposited assets
Detailed Steps with Images
2. Connect your wallet
3. Sign to create your Paradex-Starknet account
4. Deposit ETH-USDC
5. Start trading with your deposited assets
Related Links
- 🌐 Official Site: https://app.paradex.trade
- 🐦 X (formerly Twitter): https://x.com/paradex
- 💬 Discord: https://discord.gg/paradex
- 📄 Documentation: https://docs.paradex.trade
- 🏛️ Foundation: https://www.paradex.foundation
Summary
- A Starknet-based derivative exchange with $DIME token TGE completed (FDV $43M), offering zero-fee trading across 250+ markets
- Genesis Airdrop has ended. XP Season 3 is ongoing since February 2026, where you can earn XP through trading and liquidity provision
- Raised $17M from Pantera Capital and Blockchain Capital, with rapid growth reaching TVL $3.02B and OI $550M+
👉 Check Details on the Official Site
This article is for informational purposes only and does not constitute a recommendation to buy or sell any specific cryptocurrency. Cryptocurrency trading involves risks. Please make investment decisions at your own responsibility.
Disclaimer
- ・This article is created for informational purposes only and should not be used to solicit the sale, purchase, or underwriting of cryptocurrencies, securities, or other financial products, nor should it be considered an invitation to engage in such transactions, or constitute financial or investment advice.
- ・The information and opinions in this article are obtained from sources that we believe to be reliable, but we do not guarantee their accuracy, completeness, suitability, timeliness, or truthfulness.
- ・We, the authors, and all related parties are not responsible for any damage or loss caused by or related to the information published in this article. Cryptocurrencies involve hacking and other risks, so please conduct thorough research before using them.
Supervised by
Shingo Arai
CEO, Rokubunnoni Inc.
After completing a Master's degree in Management Engineering at Tokyo University of Science in 2013, Shingo Arai worked as an engineer, data scientist, and data analyst at multiple companies in the web, app, and advertising industries. He entered the cryptocurrency and blockchain space around 2017, founded Rokubunnoni Inc. in January 2018, and launched Crypto Times — a blockchain-focused media outlet — in February 2018. With approximately 9 years in the industry, his expertise spans DeFi, L1/L2 protocols, tokenomics, ZKP, and domestic/international regulatory trends. He actively conducts on-chain asset management and research. He has authored and supervised hundreds of articles, spoken at conferences in Japan and abroad, served as a DeFi investment seminar instructor, and operated KOL ambassador programs.
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