Predicted to struggle to retain users, revenue, and volume following its TGE.

CEO @fiddybps1 appeared on the Clear Crypto Podcast hosted by @NathanOnCrypto and @gazza_jenks to discuss Paradex as a privacy perpetual DEX.

TGE scheduled for Q1 2026 alongside Extended project.

Platform ranks as the 5th-largest perpetual DEX by open interest and distributes 4 million XP weekly every Friday to traders based on trading volume, position duration, new listing activity, vault TVL, and liquidations.

Open Interest reaches $387M with a Volume to OI ratio of 2.27, maintaining lead over competitors Variational ($322M OI), Extended ($72M OI), and Pacifica ($63M OI).

Platform seizes $218,922 from a user and labels the user an exploiter.

V2 upgrade launches with improvements to chain infrastructure, trading UI, and core systems for high-throughput decentralized exchange operations.

Paradex drives Starknet's proving technology improvements and collaborates on reducing latency, boosting throughput, and lowering costs on Ethereum and hardware.

Open interest exceeds the combined total of Extended, Pacifica, and dYdX. The farming program continues for 3 more months with 15% XP boost available for referrals.

Partnership with Trezor hardware wallet company confirmed in podcast episode featuring Trezor CEO discussing the company's collaborations.

Platform goes live on-chain with over $2B in daily options volume now supporting on-chain execution.

Cross-chain USDC deposits now supported from five blockchains (Arbitrum, Base, Ethereum, Solana, Starknet) through Hyperlane integration.

Platform generates $19M in annualized revenue while charging zero fees to users through a payment for order flow model.

A team member is accused of operating an OTC point sales operation through a dark pool Discord with undisclosed pricing, allegedly selling points at 35% premium to market value while the team publicly supported the activity.

S-two next-generation prover will soon replace Stone across Paradex, delivering faster and cheaper proofs with massive scale improvements.

XP transfer limit increases to 50% of Season 2 rewards, and XP becomes tradeable on OTC markets.

Traders reaching 25,000 XP auto-qualify for future Money Badger Box drops.

New XP Calculator tool goes live, allowing traders to estimate XP point value at upcoming Token Generation Event.

Platform eliminates all trading fees, becoming one of the few perpetual DEXs offering zero-fee trading. XP points convert to token $DIME at Token Generation Event, with 4 million XP distributed weekly to traders based on volume and activity metrics.

XP points now transferable between users as new feature goes live.

The current period marks the final opportunity to receive 20-30% bonus XP distributions according to Discord communications.

Integration with EVFARM automated trading platform now live, allowing parallel bot operations compatible with Lighter and Pacifica.

Platform processes approximately $1B in daily trading volume on its Starknet appchain. Three of the top 10 perpetual exchanges run on STARK-tech: Paradex, Extended, and EdgeX.

Token Generation Event rescheduled to March 2026, delayed from previously announced February 2026 timeline, with an extra 15% XP boost offered.

Platform distributes 4M XP every Friday to traders, with approximately 800 XP earned per $1M in trading volume based on factors including trading activity, position holding duration, trading on new listings, TVL in vaults, and liquidations. Last week's distribution reached 11,411 wallets.

Platform airdrops tokens to FTX creditors to provide extra recovery beyond bankruptcy payouts.

Token Generation Event scheduled for February, giving users time to accumulate points before token launch.

XP Transfers feature launches on Mainnet, enabling users to transfer XP between wallets and consolidate XP from multiple accounts.

Platform currently offers zero trading fees as a promotional feature and processes 10x less trading volume than competitor Lighter.

Platform offers +10% XP boost.

TGE timeline confirmed for Q4 2025 or early Q1 2026 with 20% of token supply allocated for airdrop. Platform plans to expand beyond perpetuals to become an all-in-one trading hub offering spot trading and lending/borrowing services in coming months.

Paradex achieved $34B in trading volume over the past 30 days, ranking third among Starknet-powered perpetual DEXes which collectively reached $249.3B in volume during the same period.

Platform included in a list of major upcoming Token Generation Events (TGEs).

Paradex participates in CLOB Season Finale Twitter Space on October 24 at 12:00 UTC alongside MonacoOnSei, bulletxyz, and reisnertobias to discuss lessons from the October 10 liquidation crash, execution rules, privacy models, and post-points economy design.

Paradex implements advance liquidation warning system with direct community communication to inform users at risk of liquidation before positions are closed. The platform partners with content creator on sponsored awareness campaign following recent crypto flash crash. (Tweet IDs: 1981406999452758150)

4 out of 10 top Perpetual DEXs by 24h volume are built on Starknet technology, including Paradex alongside EdgeX, Apex, and Extended, according to DefiLlama data.

Paradex ranks 9th for highest smart follower growth over the last 2 days among 30 tracked projects, according to @_dexuai data.

Platform expected to reveal an NFT collection and announce multiple new product launches soon.

EVplusAI adds Paradex to their Funding Rates Data and will integrate into EVFARM bot next week.

A1 Research and GSR publish a 50+ page report on CLOB infrastructure wars, highlighting Paradex as one of five leading protocols achieving sub-second finality and CEX-level performance on Starknet architecture. Paradex ranks #3 in industry observer's top 5 perpetual DEXes list.

Platform implements zero-fee trading model for retail (zero maker/taker fees) with market makers paying fractional access fees. Current metrics show $100M TVL, $30B+ monthly perps volume, $22M annualized revenue across 15+ chains with 13.7K monthly users, backed by Paradigm.

Kaito earn campaign launches with $29M in 24h volume driven by referral XP campaign offering 10% bonus XP plus $DIME rewards. Platform credits total $764K to users ($604K to Gigavault depositors, $160K for incorrect liquidations) following Oct 10-11 market crisis where the platform maintained operations with no socialized losses or ADL triggers.

Money Badgers Campaign launches through partnership collaboration, offering airdrop opportunities for participants creating content and memes.

Development underway on automated yield strategy platform that will handle known strategies including dats and bgt protocols, with extra farming rewards currently available to accelerate points accumulation.

TGE scheduled for 4.5 months from early April 2025, placing the token generation event around August-September 2025. Platform offers a 20% points booster program for users through referral access.

Season 2 XP campaign allocates 15% of total $DIME supply to participants, representing a 10% increase from Season 1's allocation.

MoneyBadgersX campaign announced as coming soon with a 10K NFT collection and accompanying memecoin launch. Open interest halved due to temporary delisting of perp options, while current 24-hour volume sits just under $1B.

Platform remained fully operational and executed cleanly during extreme market volatility that liquidated over $19B across markets and caused other venues to experience lags and liquidity failures.

Development of DimeVM execution environment confirmed alongside implementation of a zero-fee PFOF (payment-for-order-flow) model to attract retail users.

Platform confirmed as one of the top 5 perpetual DEXes industry-wide, with the top 5 collectively processing $38B in 24-hour volume and over $663B in 30-day volume.

Current season participation has dropped to 11.5k wallets, a significant decrease from the approximately 35k participants reported in early October.

A 20% token airdrop allocation is confirmed with TGE expected between Q4 2025 and early Q1 2026.

XUSD, an upcoming delta-neutral stablecoin backed by vaults, is in development alongside privacy features like offchain matching and RPC masking with future ZKP implementation.

Monthly trading volume reaches $20B while Season 2 airdrop campaign continues with approximately 35k participants and 4 months remaining in the farming period.

Development is underway on an RPI system that protects retail traders from market maker liquidity withdrawal during order placement, generating revenue by charging market makers to access order flow while maintaining a no-fee model for retail users.

Orbiter integration launches offering $obt rewards for users who bridge and deposit into the platform.

Competitor Pacifica Fi is positioned to flip Paradex within 24 hours according to trader predictions, representing new competitive pressure from a Solana-based platform.

WSH announces collaboration to launch a biweekly content series with the platform, while institutional Request-For-Quote (RFQ) rails are being rolled out for larger and more complex orders targeting institutional traders.

Platform experiences significant volume surge with 7-day averages up 80%+, though concerns emerge about potential wash trading practices according to BNB Chain dashboard analysis.

Paradex ranks among the top 5 perpetual DEX protocols with fastest-growing mindshare over the past week according to Dexu AI data.

30-day volume reaches $9.22B, surpassing dYdX's $7.82B and showing significant growth from July's $4.39B volume.

Trade paradex included in upcoming Hyperliquid season 2 airdrops targeting traders and LPs with zero perps trading fees.

The team launches perpetual options, a new product featuring time-based liquidation instead of price-based liquidation, targeting institutional-grade products for retail users.

Zero-fee trading platform goes live with phased rollout: SOL currently active, 74 markets including Neiro, Sei, Kaito, XMR launching Wednesday, and major BTC/ETH pairs next week.

Introduces Badger Brawl trading competition with $100K reward pool and 400K XP distributed over 4-week period.

New TGE launches with farming opportunities and targeted airdrops for FTX creditors; DEX confirms founding team comprises FTX creditors.

Funding rate arbitrage opportunity presents 681% APR on FET through long/short positions between exchanges.

New $500,000 bug bounty program launches for protocol security testing.

New Rhino Bridge-as-a-Service integration enables instant stablecoin liquidity across 35 chains.

Processes $4.39B in July perpetuals volume, holding 1.32% DEX market share behind Hyperliquid and dYdX.

Invite-only security program completes with $45K in rewards paid to top researchers.

Industry-first automatic position sizing calculates trade size based on predetermined risk tolerance and stop loss.

Secured $35M Series A funding for perpetual DEX development.

New protocol upgrades implement enforced critical notifications and enhanced RPI for CEX-comparable order book depth.

Technical infrastructure upgrade with sequencer migration to Madara enables CLOB DEX scaling and future privacy features.

Platform implements P&L display and margin usage features within 2 days; developing industry-first autosizing based on specified loss feature.

Platform implements major rebranding with $DAVE/$DIME converting to $PURR/$HYPE, while consolidating NFT collections under Hypurrs brand and confirming dual-token structure.

Active MM vault strategies offer APY yield plus passive XP accumulation through LP provision.

Launching perpetual and spot trading on dedicated Starknet appchain, benefiting from 4-6s block times after July 28 upgrade.

Native stablecoin integration is in development, expanding protocol functionality beyond current perp options and NFT offerings.

Secured $35M in Series A funding round, demonstrating significant institutional backing.

Exclusive bug bounty program launches with $45,000 reward pool for Cairo codebase security audit.

Upcoming TGE planned within 1-2 quarters with current active users under 3k, indicating significant growth potential in underutilized perpetual DEX market.

Season II XP points are valued at 1 USD each with 10 weeks remaining.

Native synthetic dollar XUSD launching and $DIME TGE scheduled in 10 weeks at end of Season II.

Updated tokenomics structure favors users with extended team/investor lock-up periods and tighter vesting.

Active airdrop farming opportunity available through XP accumulation, with recent platform expansion into options trading products.

Platform generates $50k+ daily revenue from fees, with Season 2 continuing through July.

First appchain launched on Starknet network with rising TVL and volume metrics.

Organic trading volume growth continues with Season II; significant user activity spike expected in June.

New custom bridge connects infrastructure to 30+ chains, expanding cross-chain access and liquidity.

$DIME token launches in 2 months, marking the end of Season II XP points farming.

PAXG token now available for trading on the platform.

Vault feature is currently closed and pending reopening.

iOS mobile app launches, expanding platform accessibility to Apple users.

Options trading now available on Solana blockchain.

Active S2 distribution phase (15% allocation) ends July 2024, with expanded $20M vault capacity and 30k current users.

New on-chain perpetual options protocol is live and functional but requires additional liquidity to reach full potential.

Active trading yields higher farming rewards than passive TVL, with minimum 5-10 minute trade holds required to avoid sybil detection.

Currently in Season 2 with 15% allocation, fixed end date July 2024. S0 + S1 only had 5% allocated between both. Potential valuations: $0.34/XP at $250M FDV, $1.36/XP at $1B FDV.