List of Flash News about crypto market incentives
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2025-05-09 10:23 |
XP Season 2 Week 18: 4M XP Distributed Across 8,702 Wallets, Focus on New Listings and Low-Liquidity Crypto Markets
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) |