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 has listed the 2Z-USD-PERP market and trading is live now, enabling immediate access to 2Z perpetual futures on the exchange, source: Paradex on X, Oct 2, 2025. The official trading interface is available at app.paradex.trade/trade/2Z-USD-PERP, confirming the live 2Z-USD-PERP listing on Paradex, source: @tradeparadex on X. Traders tracking 2Z derivatives can execute and monitor the new 2Z-USD-PERP market directly on Paradex via the provided link, source: @tradeparadex on X.

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 on X on Sep 26, 2025, 4,000,000 XP was distributed across 9,551 wallets for activity during Sep 19–25, a 25% week-over-week increase, and 153,033 XP was allocated to VIP Affiliates for this week’s activity, source: @tradeparadex on X, Sep 26, 2025. A final top-up will be executed next week to ensure all Affiliate XP is paid per earned bonus rates as Paradex prepares to transition to the new TAP Affiliate Program, source: @tradeparadex on X, Sep 26, 2025. Paradex also allocated 250,000 XP to improve platform liquidity and updated its Quote Quality XP documentation to guide quoting performance, source: @tradeparadex on X, Sep 26, 2025. Traders with meaningful trading capital and open interest were overweighted this week and will continue to be in coming weeks, indicating that higher OI and capital accounts receive greater XP weighting for rewards, source: @tradeparadex on X, Sep 26, 2025.

According to @tradeparadex, a sustained bot attack targeting account creation overwhelmed a legacy points service still connected to the main platform, causing a significant outage (source: @tradeparadex, Sep 26, 2025). The overload led to platform-wide latency, after which users canceled orders en masse, further straining systems beyond normal recovery protocols (source: @tradeparadex, Sep 26, 2025). Paradex reports it has disabled the problematic legacy points service, implemented additional safeguards against similar bot attacks, and restored the platform to full, normal performance (source: @tradeparadex, Sep 26, 2025). A full incident post-mortem is scheduled for early next week (source: @tradeparadex, Sep 26, 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 launched its Token-Aligned Affiliate Program (TAP) with rewards paid from a dedicated 1.0% $DIME token pool starting Friday Sep 26, replacing the prior fee- and referred-XP-based program until the $DIME listing, source: @tradeparadex. The affiliate pool totals 10,000,000 DIME and is separate from the Season 2 airdrop, with 1,000,000 affiliate points issued every two weeks for the remainder of Season 2, source: @tradeparadex. Points accrue from direct referrals’ activity (volume, deposits, open interest), recruited sub-affiliates, and one-level earnings from onboarded affiliates, with final token share scaling by chosen lockup and discounted tokens not paid to Mercenaries reallocated pro rata to Maximalists, source: @tradeparadex. Rewards are calculated as Affiliate DIME Rewards = (Your Points ÷ Total Points) × 10,000,000 × Adjustment, with an example citing 8M total points and a 25% pool redistribution to Maximalists due to a 50% discount taken by Mercenaries, source: @tradeparadex. Paradex states the model targets zero conflict of interest, community alignment, and long-term commitment by making affiliates aligned owners via explicit token allocation, source: @tradeparadex. Existing affiliates are auto-enrolled as Maximalist, tier changes must be submitted by October 1, 2025, the choice is permanent, sybil activity will be monitored and slashed, and a public dashboard is coming to track points and tiers, source: @tradeparadex. New affiliates can apply via the Affiliate Intake Form, while current affiliates can use the Change Form if they want a different tier, 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 Paradex Network, Phase 3 updates the Waitlist with Social Scores that factor referral quality using the formula Social Score = Referral Score × (1 + XP Boost + Activity Boost + Referral Boost + Mystery Boost), where Referral Score = External Reputation + Paradex Reputation, source: Paradex Network. According to Paradex Network, External Reputation aggregates Kaito Reputation and Chain Reputation assessing wallet credibility, past activity, and identity proofs, while Paradex Reputation includes volume, open interest, TVL, XP, and referrals, directly connecting trading activity to a higher Social Score, source: Paradex Network. According to Paradex Network, users can invite up to 3 friends every 24 hours and using all three unlocks a new set the next day, with each referral quality-weighted to boost the Social Score and move users higher on the waitlist, source: Paradex Network. According to Paradex Network, the Waitlist is subject to closure at any time without notice, source: Paradex Network.

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.