Paradex confirms $DIME token generation event timeline and expands airdrop allocation after the end of XP Season 2.

Paradex officially announces the successful conclusion of XP Season 2 today, marking an important step towards the upcoming $DIME token generation event (TGE).

To continue fulfilling the “trader-first” incentive commitment, Paradex confirms that after fully diluting the total supply of $DIME, 25% will be airdropped to all XP holders at TGE, with tokens fully unlocked at issuance.

To significantly expand community rewards, Paradex also announces that Season 2 XP holders will receive 20% of the total token supply, higher than the originally planned 15%. This move further reinforces the platform’s long-term focus on rewarding active participation in ecosystem development.

The $DIME TGE is currently scheduled to take place after the Chinese Lunar New Year holiday, in late February or early March. The specific date will be announced by the Paradex Foundation at a later time.

**XP **Season 2: Significant Growth and Final Week Distribution

XP Season 2 is a period of tremendous growth for Paradex across key protocol metrics:

· Daily trading volume increased from $68 million to $2.1 billion (31x growth)

· Open interest contracts grew from $28 million to $679 million (24x growth)

· Total locked value increased from $25 million to $218 million (9x growth)

· Total users grew from 4,100 to 70,300 (17x growth)

In the final week of this season (January 23 to January 29), Paradex directly distributed 6 million XP to active user wallets and awarded additional rewards through referral codes and alliance programs.

Users with more than 25,000 XP in the final week also received exclusive BadgerBox airdrops.

The final candidate snapshot is scheduled for January 31, 00:00 UTC.

**$DIME **Airdrop Distribution Details

Paradex confirms the following $DIME distribution structure at TGE:

· 25% of the total supply allocated to all XP holders (fully unlocked)

· 20% specifically allocated to Season 2 XP participants (up from 15%)

· 5% reserved for previous season and Season 1 XP holders (unchanged)

Half of the token supply is dedicated to user rewards and participation incentives, as Paradex continues to build a trading platform centered around long-term ecosystem co-creation.

Token Generation Event Details

· Token: $DIME

· Time: After Lunar New Year

· Target Window: Last week of February or first week of March

· Initial Listing: Paradex spot market

· Issuer: Paradex Foundation (specific date to be announced)

**XP **Season 3 to Launch on February 1

Looking ahead, Paradex announces that XP Season 3 will officially start on February 1, focusing on the next phase of ecosystem expansion, including:

· Spot trading

· Real-world asset (RWA) perpetual contracts

· Options market

XP accumulation will begin immediately on February 1, with the first-week XP distribution taking place after TGE to prioritize a smooth and focused token issuance.

Paradex reaffirms that the platform remains committed to transparent execution, continuous incentive collaboration, and rewarding traders and builders who drive long-term ecosystem growth.

About Paradex

Paradex is a privacy-first, zero-fee on-chain perpetual contract exchange focused on providing high-performance decentralized trading infrastructure for global cryptocurrency participants.