Paradex is a high-performance decentralized exchange (DEX) built on Starknet's first Appchain, offering perpetual futures trading with deep liquidity.
It combines the benefits of centralized and decentralized finance, providing users with self-custodial services, low fees, and a seamless trading experience.
Share your referral link to earn 5% of their fees and bonus XP, while they get a 5% discount.
Fundamentals
Integrated Financial Services: Combines exchange, asset management, and lending into one platform.
Advanced Trading Options: Supports perpetual futures, options, and spot trading with any crypto as collateral.
XUSD Synthetic Dollar: Yield-bearing synthetic dollar using delta-neutral strategies for capital efficiency.
Layer 2 Blockchain: Uses Starknet’s zk-STARKs for high-speed, low-latency, and scalable transactions.
DIME Token Utility: Used for fees, discounts, staking rewards, and governance participation. Decentralization Focus: Plans for open-source development and community-driven innovation.
Potential Rewards
Paradex has allocated 20% of its DIME token supply for the Genesis Airdrop, distributed across multiple XP seasons.
Season 1 ran from February 1, 2024, to January 2, 2025, while Season 2 runs from January 3 to July 31, 2025.
Xperience Points (XP) measure user engagement, earned through trading, providing liquidity, open positions, collateral deposits, and community participation.
The more XP a user accumulates, the larger their share of the airdrop, and it is under-farmed compared to others.
Investors
Jump Capital
Dragonfly Capital
Paradigm
Features
Self-Custodial Platform: Users maintain full control over their assets, enhancing security and trust.
On-Chain Risk Engine: An optimized on-chain risk engine ensures efficient capital management and transaction validation.
Community Vaults: Users can create and manage vaults with customizable parameters like maximum TVL and profit share.
Auxiliary Account Withdrawals: Withdrawals are processed through auxiliary accounts to minimize impact on other users.
Advanced Order Types: Offers advanced order types such as Take Profit/Stop Loss and TWAP for better execution.
AI-Managed Vaults: Introduces AI agents to manage Paradex Vaults, enhancing asset management strategies.
Non-Financial Advice
Research: Explore project's documentation, audits, and community.
Understand risks: DeFi has vulnerabilities, market volatility, and token fluctuation.
Invest wisely: Only invest what you can afford to lose.
Beware of scams: Don't trust unsolicited outreach or guaranteed returns.
*ANZALI only provides suggestions and not financial advice. Use all of the information above at your own risk.
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Table of Contents
Introduction
Tasks
Fundamentals
Potential Rewards
Features
Non-Financial Advice
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