Paradex will conduct a genesis airdrop and update the tokenomics on March 5th

SmartContractAuditor · 2026-03-04T16:26:54+00:00

Paradex Foundation announces a Genesis Airdrop scheduled for March 5, 2026. Eligible users can claim DIME within two weeks. Initially, DIME will only be traded on the Paradex platform, with 25% of the tokens released to the community. The new economics reduce the circulating supply to 24.5%, primarily obtained from institutional holders.

SmartContractAuditor

2026-03-04 16:26:54

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Odaily Planet Daily reports that Paradex Foundation announced on X platform that a genesis airdrop will take place on March 5. Eligible users can claim DIME within two weeks through the Paradex user interface. Initially, DIME will only be traded on the Paradex platform, with plans to list on more platforms in the future:

Genesis time: March 5, 2026, 3:00 PM Beijing Time

Initial launch time: March 5, 2026, 10:00 PM Beijing Time

Additionally, Paradex has updated its tokenomics:

The airdrop allocation has increased from 20% to 25%, and the distribution of the XP community airdrop in the second season has increased by 5 percentage points, from 20% of the total supply to 25%.

The foundation acquired 4.4% of the supply through XP purchases, mainly from institutional holders, which will reduce the circulating supply at TGE to 24.5%, primarily from institutional holders (excluding the foundation treasury).

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