Toronto, Canada, March 3rd, 2026,
Paradex has announced that the Token Generation Event (TGE) for its token, $DIME, is expected to happen soon. This launch marks the next step in the exchange’s growth.
Institutional Background and Market Growth
Paradex was built by the team behind Paradigm. Paradigm is a large crypto trading network that has processed more than $1 trillion in trades. This experience helps Paradex focus on good trade execution, efficient use of funds, and strong market structure.
Since launching its on-chain perpetuals exchange, Paradex has achieved:
Over $250 billion in total trading volume
About $550 million in open interest
More than 75,000 users
Daily trading volume reaching over $3 billion
The platform uses an offchain order book to match trades. It then settles transactions on a fast Layer 2 network secured by zk-STARK proofs on Ethereum.
Focus on Market Structure and Privacy
A key feature of Paradex is how it protects user information. On many blockchains, trade details can be seen by everyone. Paradex hides sensitive data before it is finalized. It uses special technology to prove the data is correct without showing private details. Only verified users can see full account information.
The platform also includes:
Zero trading fees for retail users
Improved pricing for retail trades
A system that avoids forced loss sharing
Onchain vaults for earning returns
These features help reduce risks and make trading easier. They also support more participation from larger investors.
$DIME and Network Alignment
According to research by Messari, $DIME will launch on Paradex’s spot market. It will also be used as the main token for fees on Paradex Chain.
Messari explains that the token is designed to align the interests of users and the platform. Instead of automatic buybacks, Paradex will decide buybacks based on market conditions and ecosystem needs.
Token Allocation Overview
Messari shares the following token distribution plan for $DIME:
25.1% Core Contributors
25.0% Community Airdrop
20.0% Season 2 XP holders
5.0% Pre-Season and Season 1 XP holders
Fully unlocked at launch
21.6% Ongoing Community Rewards
13.4% Paradigm Shareholders
10.4% Preferred equity investors (with unlock schedule)
1.0% Common equity holders
2.0% Reserved for Paradigm
6.0% Foundation Budget
5.0% Liquidity Programs
3.9% Future Contributors and Advisors
Most tokens for contributors and shareholders are released based on performance. The rest are released over time, starting one year after listing and continuing monthly for three years.
This system is designed to keep long-term goals aligned between the team and the community.
Looking Ahead
Paradex plans to grow beyond perpetual futures. It aims to add spot trading, options, real-world assets, and more. The $DIME launch is an important step toward building a larger network system.
With strong trading activity, clear token rules, and a focus on privacy, the $DIME launch will show how Paradex plans to grow in the future.
More details about timing and listings are expected soon. Users can follow Paradex’s official channels for updates.
About Paradex
Paradex is a decentralized trading platform focused on privacy. It is built on its own Layer 2 system using Starknet technology.
The platform combines fast offchain trade matching with secure on-chain settlement. This gives users both speed and control over their funds.
Created by the team behind Paradigm, Paradex focuses on efficiency, strong market systems, and privacy. It supports over 100 markets and includes features like better pricing for users, risk control systems, and onchain vaults.
Paradex plans to expand into more products, including spot markets, options, and real-world assets. It aims to become a full on-chain financial platform.
For more details, users can visit Paradex’s website and social channels.
Contact
PR Lead
Joshua Nwaelleh
Paradex
Joshua.nwaelleh@paradigm.co
