According to @tradeparadex, Paradex has reached a 300 million dollar open interest milestone on October 7, 2025, marking a notable expansion of derivatives activity on the platform, source: Paradex on X, Oct 7, 2025. Open interest tracks the number of outstanding derivative contracts, and rising OI typically reflects increased participation and liquidity in futures markets, source: Binance Academy education on open interest. For traders, elevated OI can reinforce trend strength when aligned with price and volume but also indicates more crowded positioning that can unwind quickly during volatility, source: CME Group education on open interest.

According to Paradex, crypto is the foundation of a new financial system and originated as an alternative to traditional finance, underscoring the DeFi narrative over app-level projects (source: Paradex on X, Oct 4, 2025). For trading context, the post highlights DeFi infrastructure segments such as decentralized exchanges, lending, and on-chain finance, though it does not name specific tokens or protocols (source: Paradex on X, Oct 4, 2025). No price targets, timeframes, or market metrics were provided in the post (source: Paradex on X, Oct 4, 2025).

According to @tradeparadex, Paradex has listed the CAKE-USD-PERP market and confirms trading is live via the direct market link, announced on Oct 3, 2025; source: https://twitter.com/tradeparadex/status/1974005452011888960, http://app.paradex.trade/trade/CAKE-USD-PERP. The announcement provides the trading link but does not disclose leverage, funding rate, or fee details for CAKE-USD-PERP; traders should review the market page before placing orders; source: https://twitter.com/tradeparadex/status/1974005452011888960, http://app.paradex.trade/trade/CAKE-USD-PERP.

According to @tradeparadex, Paradex launched a new XP Share Card to celebrate reaching 1B daily volume, with two days remaining to share the card and earn XP (source: @tradeparadex on X, Sep 30, 2025). According to @tradeparadex, sharing the card can also qualify users for a MoneyBadger Gift, which is available to attendees of the Token2049 Community Day (source: @tradeparadex on X, Sep 30, 2025). According to @tradeparadex, instructions on how to participate are provided in the linked X post during this limited two-day window (source: @tradeparadex on X, Sep 30, 2025).

According to @tradeparadex, Paradex announced it reached $100B in lifetime trading volume. Source: Paradex on X, Sep 30, 2025. The announcement explicitly referenced $DIME in the post text. Source: Paradex on X, Sep 30, 2025. The Sep 30, 2025 timestamp allows traders to align intraday volume and order flow analysis with the announcement window. Source: Paradex on X, Sep 30, 2025.

According to @tradeparadex, Paradex has listed the ZEC-USD perpetual contract (ZEC-USD-PERP) and it is live for trading as of Sep 24, 2025 (source: @tradeparadex). According to @tradeparadex, traders can access the contract via the official link app.paradex.trade/trade/ZEC-USD-PERP (source: @tradeparadex).

According to @tradeparadex, Paradex has listed IMX and the IMX-USD-PERP market is now live for trading, with direct access at app.paradex.trade/trade/IMX-USD-PERP. Source: Paradex (@tradeparadex) on X, Sep 19, 2025: https://twitter.com/tradeparadex/status/1968878924290826262

According to @tradeparadex, Zero Fee Perps are live on Mainnet, giving retail traders $0 maker and taker fees on 100+ perpetual futures, with the only remaining frictions being spread and funding rates, and the policy is always-on rather than a capped promotion. Source: Paradex Network (@tradeparadex), X, Sep 16, 2025. According to @tradeparadex, Paradex monetizes via Retail Price Improvement (RPI) where professional market makers post RPI-flagged orders that only match retail taker flow; makers pay a 0.5 bps fee on RPI fills while high-frequency API takers pay 2 bps, with a roadmap to toxicity-based fees. Source: Paradex Network (@tradeparadex), X, Sep 16, 2025. According to @tradeparadex, the platform claims RPI reduces toxicity, enabling tighter spreads and larger size, and asserts it beats top exchanges about 96% of the time on majors for $100k orders after fees, with real-time execution metrics available via the Paradex Liquidity Monitor at paradex.trade/liquidity. Source: Paradex Network (@tradeparadex), X, Sep 16, 2025. According to @tradeparadex, orders are not selectively routed; all makers compete on an even playing field for retail flow with best price and size winning, drawing an analogy to TradFi PFOF but with open competition. Source: Paradex Network (@tradeparadex), X, Sep 16, 2025. According to @tradeparadex, Paradex is removing affiliate-driven distribution fees by eliminating custody middlemen and introducing a new affiliate model that grants creators explicit token allocations, targeting better economics and trust while keeping retail trading fees at zero. Source: Paradex Network (@tradeparadex), X, Sep 16, 2025.

According to @tradeparadex, Week 1 of the Paradex Badger Brawl concluded with @uniskins earning $8,020 and 32,078 XP, 0x6ac6...27f5 at $401 and 1,604 XP, @AkinOnChain at $188 and 750 XP, @agromonkey888 at $187 and 746 XP, and SkYL1N3 at $178 and 712 XP, with totals including both affiliate and individual earnings, source: @tradeparadex on X, Sep 15, 2025. According to @tradeparadex, the format has shifted from a volume-based contest in Week 1 to a trading score competition from Week 2 onward to ensure a more level playing field, source: @tradeparadex on X, Sep 15, 2025. According to @tradeparadex, Week 1 affiliate leaders were @cp0xdotcom with $2,718 and 10,872 XP, @doubletop_io with $87 and 348 XP, @ilyessghz2 with $54 and 216 XP, @befreeshcrypto with $36 and 144 XP, and @Muallimin_biri with $27 and 108 XP, with affiliate rewards split pro rata among participating users tied to each affiliate, source: @tradeparadex on X, Sep 15, 2025. According to @tradeparadex, the Broken Badgers lottery awarded $75 and 300 XP each to listed winners including @raskolnikov2427, @RusNikan, @rostuslav_2720, @EvanDietrich_, 0x6563...5e56, jombol, 0x3f9f...20a2, kapee, dg875, and @Juantso1990, source: @tradeparadex on X, Sep 15, 2025.

According to @tradeparadex, Paradex has listed AVNT and the AVNT-USD-PERP market is live for trading, source: Paradex Network on X, Sep 13, 2025. The announcement directs traders to app.paradex.trade/trade/AVNT-USD-PERP to access the AVNT-USD perpetual contract on Paradex, source: Paradex Network on X, Sep 13, 2025.

According to @tradeparadex, the Badger Brawl trading competition now features a live in-app leaderboard for real-time standings, with a weekly $25,000 and 100,000 XP rewards pool; source: @tradeparadex. Traders are ranked by a proprietary Trading Score that incorporates ROI percentage, PnL, volume, and overall trading activity, which determines weekly reward shares; source: @tradeparadex. Participants can check their ranking directly in the app, with social share cards and more features scheduled next week; source: @tradeparadex.

According to @tradeparadex, 4,000,000 XP was distributed across 6,481 wallets for activity during Sep 5–Sep 11 with 0% week-over-week change, source: @tradeparadex. VIP Affiliates received 131,457 XP as part of the Affiliate Program for that week, source: @tradeparadex. 500,000 XP was allocated to improve liquidity on Paradex and users are directed to updated Quote Quality XP documentation, source: @tradeparadex. Taker volume continues to be overweighted and the global taker rebate up to 1 bp remains ongoing, source: @tradeparadex. Going forward, no additional Shizopunks will be distributed, source: @tradeparadex.

According to @tradeparadex, Paradex has listed the LINEA-USD-PERP market, making $LINEA perpetual futures live for trading now; official trading link: app.paradex.trade/trade/LINEA-USD-PERP, source: Paradex Network on X dated Sep 10, 2025. The contract code indicates USD-quoted perpetual exposure to LINEA under the symbol $LINEA, source: @tradeparadex on X on Sep 10, 2025.

According to @tradeparadex, zero trading fees are now live across all markets on Paradex, excluding BTC and ETH, effective Sep 10, 2025 (source: Paradex Network @tradeparadex, Sep 10, 2025). According to @tradeparadex, the update is accessible via app.paradex.trade and the post notes "excluding BTC and ETH (soon?)" without confirming any timeline (source: Paradex Network @tradeparadex, Sep 10, 2025).

According to @tradeparadex, MKR-USD-PERP will be delisted due to the MKR/SKY token swap, with reduce-only mode starting on Sep 9, 2025 at 06:00 UTC and full delisting at 07:00 UTC, and any remaining positions settled at the 30-minute spot price TWAP, source: @tradeparadex. Traders should close or adjust positions before reduce-only begins to avoid settlement at the 30-minute spot TWAP as per the stated timeline, source: @tradeparadex.

According to @tradeparadex, 4,000,000 XP was distributed across 6,452 wallets for activity during Aug 29–Sep 4, up 4% week over week; Source: @tradeparadex, Sep 5, 2025. According to @tradeparadex, 179,347 XP was distributed to VIP Affiliates as part of the Affiliate Program for this week’s activity; Source: @tradeparadex, Sep 5, 2025. According to @tradeparadex, 500,000 XP was allocated to improve liquidity on Paradex, with updated Quote Quality XP documentation referenced; Source: @tradeparadex, Sep 5, 2025. According to @tradeparadex, taker volume will continue to be overweighted and the global taker rebate up to 1bp remains ongoing; Source: @tradeparadex, Sep 5, 2025.

According to @tradeparadex, Paradex has activated zero SOL trading fees for retail (UI) traders starting September 3 at 12:00 AM UTC; source: https://twitter.com/tradeparadex/status/1963039506183160026. This policy applies specifically to SOL trading via Paradex's user interface for retail accounts as stated in the announcement; source: https://twitter.com/tradeparadex/status/1963039506183160026. The announcement did not specify an end date, additional eligibility criteria, or product scope beyond SOL and retail (UI) traders; source: https://twitter.com/tradeparadex/status/1963039506183160026. For traders, the change removes Paradex's trading fee component on eligible SOL orders placed through the UI from the stated start time; source: https://twitter.com/tradeparadex/status/1963039506183160026.

According to @tradeparadex, the Badger Brawl Tier 2 prize pool was unlocked within 24 hours of reaching the previous goal, and the event is already close to hitting the Tier 3 prize pool. Source: @tradeparadex on X, Aug 31, 2025. Current standings for the Fighting Badgers show Tartelette (@uniskins) in first, 0x6ac6... in second, and AkinOnChain in third. Source: @tradeparadex on X, Aug 31, 2025.

According to @tradeparadex, the Badger Brawl trading competition on Paradex begins August 27 at 0 UTC and runs for four weeks across four weekly cycles. Source: Paradex Network (@tradeparadex), Aug 25, 2025. According to @tradeparadex, the total prize pool is up to 100,000 USDC and 400,000 XP, with weekly distributions of 25,000 USDC and 100,000 XP per cycle. Source: Paradex Network (@tradeparadex), Aug 25, 2025. According to @tradeparadex, eligibility is perps only and UI traders only, with no API or bots allowed. Source: Paradex Network (@tradeparadex), Aug 25, 2025.

According to @tradeparadex, Paradex XP Season 2 Week 32 (Aug 8–Aug 14) distributed 4,000,000 XP to 5,326 wallets, reflecting an 11% week-over-week decline, source: @tradeparadex. The average reward equates to roughly 751 XP per receiving wallet based on 4,000,000 XP divided by 5,326 wallets, source: @tradeparadex. VIP Affiliates earned 149,890 XP from the Affiliate Program for the week’s activity, source: @tradeparadex. An additional 750,000 XP was allocated to improve the program as stated by the author, with further details not specified in the post, source: @tradeparadex. Traders can benchmark weekly XP totals and wallet breadth to track engagement momentum and incentive-driven participation on the platform, source: @tradeparadex.