Paradex Launches DIME Token Genesis Airdrop
On March 5, 2026, the Paradex Foundation initiated its highly anticipated genesis airdrop for the DIME token, the native governance token of the Paradex perpetual exchange built on Starknet.
Airdrop Details
In a move that pleased the community, Paradex increased the airdrop allocation from the originally planned 20% to 25% of total DIME supply. The claim process is available through the Paradex interface, with a two-week window for eligible users to claim their tokens.
Eligibility
The airdrop rewards users who participated across multiple seasons of the Paradex points program:
- Season 1 & 2 participants — retroactive rewards based on accumulated XP
- Volume-weighted allocation — larger traders received proportionally more tokens
- Limit order bonus — users who provided liquidity through limit orders earned additional rewards
About Paradex
Backed by Paradigm, one of crypto's most respected venture capital firms, Paradex has positioned itself as a professional-grade perpetual exchange with self-custodial settlement on Starknet's ZK-rollup. Key features include:
- Full orderbook model with deep liquidity
- Cross-margin for capital efficiency
- Self-custody via smart contract settlement
- Sub-second block times on Starknet
What's Next
With the DIME token now live, Paradex plans to introduce token-based governance, allowing holders to participate in protocol decisions including fee structures, market listings, and treasury management.