According to Paradex Network (@tradeparadex), XP Season 2: Week 21 saw 4 million XP distributed across 8,079 wallets for trading activity between May 23 and May 29, marking a 1% week-over-week increase. Additionally, 750,000 XP was awarded to Perpetual Options traders as part of the Send It to Zero 2.0 competition. This steady growth in XP rewards highlights increasing user engagement and trading volume on the Paradex platform, signaling potential for higher liquidity and deeper participation in the perpetual options market. Crypto traders should monitor Paradex’s upcoming reward distributions as they may impact short-term trading opportunities and platform token dynamics. [Source: Paradex Network Twitter, May 30, 2025]

According to Paradex Network's official Twitter announcement, the Send it to Zero 2.0 trading campaign will begin on May 23, 2025, offering crypto traders the opportunity to compete for 750,000 XP in weekly rewards over four weeks, exclusively through Perpetual Options trading. This event is expected to drive increased trading volume, attract high-frequency traders, and intensify competition on Paradex, which may influence liquidity and volatility within the platform's supported crypto markets. Source: Paradex Network Twitter (May 22, 2025).

According to Paradex Network, 4 million XP tokens were distributed across 8,702 wallets for activity between May 2 and May 8, marking a 2% decrease week-over-week. Notably, new listings and low-liquidity markets were heavily weighted in the Fee, Maker, and Open Interest (OI) distribution categories, highlighting a targeted incentive for traders to engage in emerging and less liquid crypto markets. Additionally, 700,000 XP was allocated specifically to Perpetual Options participants. These distribution patterns suggest a strategic push by Paradex to boost trading activity in high-growth segments, which could impact token liquidity and price trends in the crypto market. Source: Paradex Network (@tradeparadex)