PANews reported on March 5th that the Paradex Foundation announced on its X platform that its native token, DIME, will launch its genesis airdrop on March 5th. PANews reported on March 5th that the Paradex Foundation announced on its X platform that its native token, DIME, will launch its genesis airdrop on March 5th.

Paradex will launch its genesis airdrop on March 5th; its token economics have been updated.

2026/03/05 08:56
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

PANews reported on March 5th that the Paradex Foundation announced on its X platform that its native token, DIME, will launch its genesis airdrop on March 5th. Eligible users can claim the airdrop through the Paradex user interface within two weeks starting at 15:00 Beijing time on March 5th. Initial trading will exclusively open on the Paradex platform at 22:00 Beijing time on March 5th.

Regarding token economics, two adjustments have been made since the initial plan was released in December 2024: the community airdrop allocation has been increased from 20% to 25%, with this increase coming from the extended activity in Q2 2025; the Foundation acquired 4.4% of the total supply by purchasing XP from institutional holders. These two adjustments reduce the circulating supply at TGE by 4.4% to 24.5%, while increasing the allocation for all future quarters through ongoing community rewards. Regarding team token allocation, 80% will be unlocked based on performance, rather than solely on time, with the remaining 20% ​​unlocking over a four-year period. The full performance framework will be released after TGE.

Paradex's recent roadmap includes: expanding zero-fee perpetual contracts to RWA assets such as commodities, forex, stocks, and indices; launching periodic options to enhance its derivatives product line; and integrating Paradigm's institutional RFQ network to introduce large-scale liquidity.

Market Opportunity
4 Logo
4 Price(4)
$0.007921
$0.007921$0.007921
-0.48%
USD
4 (4) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Stablecoins firm as Mastercard enables stablecoin settlement

Stablecoins firm as Mastercard enables stablecoin settlement

The post Stablecoins firm as Mastercard enables stablecoin settlement appeared on BitcoinEthereumNews.com. What Mastercard’s Crypto Partner Program is and how it
Share
BitcoinEthereumNews2026/03/12 10:44
South Africa launches HIV vaccine trial

South Africa launches HIV vaccine trial

South Africa HIV vaccine trial efforts are advancing after researchers launched the first locally developed HIV vaccine study on the continent.   South Africa expands
Share
Furtherafrica2026/03/12 09:30
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Share
BitcoinEthereumNews2025/09/18 02:21