The Farmers Market

Paradex

Perp DEX Token Live $$

High-performance perpetual DEX with deep liquidity, capital efficiency, and low fees on Starknet — DIME token live, Season 3 XP ongoing

Start Farming Paradex — 5% fee discountView on DashboardFollow on 𝕏

Farming Overview

Farming Stage Late
Chain Starknet
24h Volume $248M+
TVL $84M
Annual Fees $20.8M
Open Interest $606.26M

Key Statistics

TVL ~$84M
30d Perp Volume $41.12B
Annual Fees $20.81M
Open Interest $606.26M

How to Farm Paradex

  1. Trade perpetuals to earn XP in Season 3 (4M XP distributed weekly)
  2. Maintain open interest positions for OI XP rewards
  3. Deposit collateral to earn TVL XP
  4. Provide liquidity via Paradex Vaults for Vault XP
  5. Earn Fee & Maker XP through active trading and market making
  6. Build referral network and complete community quests for Community XP

Why Farm Paradex?

  • 25% of DIME supply allocated to Genesis Airdrop — one of the most generous TGE allocations in DeFi
  • Season 3 XP live since Feb 2026 — additional token distribution likely ahead
  • $251.8B cumulative volume, $160M+ TVL, ~$550M open interest, 70K+ users
  • Zero trading fees for retail (maker and taker) across 250+ markets — XP accumulation is essentially free
  • Built as Starknet's first appchain in collaboration with StarkWare, incubated by Paradigm
  • ZK-encrypted accounts hide positions, entries, exits, and liquidation levels — unique privacy-first approach

About Paradex

Paradex is a high-performance perpetual DEX built on Starknet by the team behind Paradigm. DIME token launched March 5, 2026 via a genesis airdrop of 25% of supply to XP holders. Season 3 XP is now live with 4M XP distributed weekly across six earning categories.

Fee Structure

Maker Fees Low to 0%
Taker Fees Competitive
Deposits/Withdrawals Gas only

Season 3 XP (Ongoing)

  • 4,000,000 XP distributed weekly via Friday drops
  • Six earning categories: OI, TVL, Fee & Maker, Vault, Liquidation, Community
  • Season started Feb 1, 2026 — end date TBD
  • XP likely converts to future DIME rewards (26.6% of supply reserved for community rewards)
  • 80% of Core Contributor & Paradigm tokens locked behind performance milestones
  • Zero trading fees for retail across 90+ markets

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Frequently Asked Questions

What is Paradex and how does it work?

Paradex is a high-performance perpetual DEX built on Starknet by the team behind Paradigm. DIME token launched March 5, 2026 via a genesis airdrop of 25% of supply to XP holders. Season 3 XP is now live with 4M XP distributed weekly across six earning categories.

How do I farm the Paradex airdrop?

To farm the Paradex airdrop, you should: Trade perpetuals to earn XP in Season 3 (4M XP distributed weekly). Maintain open interest positions for OI XP rewards. Deposit collateral to earn TVL XP. Provide liquidity via Paradex Vaults for Vault XP. Paradex is currently in the late farming stage with token live airdrop status.

What is the expected value of the Paradex airdrop?

The Paradex airdrop has an expected value rating of 2 out of 5 ($$). The farming stage is late and the airdrop status is token live. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.

Why should I farm Paradex?

25% of DIME supply allocated to Genesis Airdrop — one of the most generous TGE allocations in DeFi Season 3 XP live since Feb 2026 — additional token distribution likely ahead $251.8B cumulative volume, $160M+ TVL, ~$550M open interest, 70K+ users