Charlie Garcia
Paradex is a sophisticated decentralized exchange (DEX) for perpetual contracts, utilizing a fast Layer 2 network for Open Finance. It operates on a self-custodial basis, with an efficient on-chain risk engine designed to ensure that all intricate aspects of derivative trades are processed on the Layer 2 network.
Paradex has launched a points initiative where users can earn both fixed and variable points depending on their trading activities.
Currently, there isn’t a token available, nor has there been any announcement regarding an airdrop. However, users accumulating points may qualify for a future airdrop if Paradex decides to implement one.
- Go to the Paradex website.
- Connect your wallet and change the network to Ethereum.
- Complete your trades.
- Depending on your share of the total fee-paying trading volume, you could earn up to 700,000 fixed points.
- Liquidity providers on Paradex’s order books can gain 300,000 points weekly, based on their maker trading volume contribution.
- Points range from 10 to 20 based on user engagement, open interest, and total value locked (TVL).
- Access the “Earn” section to obtain your referral link from the dropdown.
- Earn 10% from referrals, while invited users will also benefit from a 10% saving.
- For further details about the points system, refer to the official announcement.
- There is an affiliate program available for those who refer more than $50 million in volume within 30 days or have a social media following of over 5,000.
- There’s still no token available, nor any news about an airdrop.
- However, users collecting points could potentially be eligible for an airdrop if one is released in the future.
Are you looking for other projects without tokens that might provide a governance token airdrop to early participants? Check out our list of potential retroactive airdrops and stay updated on future DeFi airdrop opportunities!
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