PANews March 5 News, Paradex Foundation announced on X platform that its native ecosystem token DIME will launch a genesis airdrop on March 5. Eligible users can claim the airdrop via the Paradex user interface within two weeks starting from 15:00 Beijing time on March 5. The initial trading will be exclusively available on the Paradex platform at 22:00 Beijing time on March 5.
Regarding token economics, there have been two adjustments since the initial plan was released in December 2024: the community airdrop allocation increased from 20% to 25%, with the additional portion coming from an extended activity in Q2 2025; the foundation acquired XP from institutional holders, obtaining 4.4% of the total supply. These adjustments reduce the circulating supply at TGE by 4.4% to 24.5%, while increasing future quarterly allocations through ongoing community rewards.
For team token distribution, 80% will be unlocked based on performance rather than solely on time, with the remaining 20% unlocked over time, all following a four-year vesting schedule. The full performance framework will be released after TGE.
Paradex’s recent roadmap includes expanding zero-fee perpetual contracts to RWA assets such as commodities, forex, stocks, and indices; launching fixed-term options to enhance the derivatives product line; and integrating Paradigm’s institutional RFQ network to introduce large-scale liquidity.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pi Network Expands Developer Tools With RPC Server Upgrade
Pi Network has taken another step to improve its system for developers. The project has launched a new RPC server upgrade on its Testnet, making it easier to build and test apps on the network. This update allows node operators to run their own RPC servers
In simple words, developers no longer
Coinfomania1h ago
Counter Quantum Threats! Industry Proposes Bitcoin Wallet Rescue Tools, A QSB Plan That Requires No Soft Fork
The Bitcoin community has recently proposed two major defense measures in response to the risk of quantum computers cracking it: Lightning Labs’ recovery tools can prove wallet ownership without exposing the seed; StarkWare’s quantum-secure Bitcoin (QSB) enhances transaction security by using hash functions, without changing the core protocol. These technologies help improve Bitcoin’s resilience in the face of future risks.
CryptoCity1h ago
Countering Quantum Threats! Industry Proposes Bitcoin Wallet Rescue Tools, a QSB Scheme Without a Soft Fork
Bitcoin’s community has recently proposed two major defense measures to address the risk of quantum computer cracking: Lightning Labs’ recovery tool can prove wallet ownership without disclosing the seed; StarkWare’s quantum-secure Bitcoin (QSB) improves transaction security by using hash functions without changing the core protocol. These technologies help strengthen Bitcoin’s resilience in facing future risks.
CryptoCity4h ago
Anti-quantum Threat! Industry Proposes a Bitcoin Wallet Rescue Tool and a No-Soft-Fork QSB Solution
Bitcoin’s community has recently proposed two major defense measures against the risk of quantum computers cracking it: Lightning Labs’ recovery tools can prove wallet ownership without disclosing the seed; StarkWare’s quantum-secure Bitcoin (QSB) enhances transaction security by using hash functions, without changing the core protocol. These technologies help improve Bitcoin’s resilience in facing future risks.
CryptoCity7h ago
RWA Layer1 public chain SimpleChain testnet goes live, completes a $15 million seed round financing
The RWA Layer1 public chain SimpleChain officially launched its testnet on April 10 and initiated an ecosystem airdrop program. Users can obtain points through testnet tasks, and these points will serve as the basis for future token airdrops. Team members come from Qianch Qin Technology and Ant Group, and have completed a $15 million seed round. The testnet verifies core capabilities, including trusted data services, a compliance engine, and asset issuance protocols.
GateNews8h ago
