Paradex

High-Performance Decentralized Exchange Engineered for Open Finance

Paradex is an advanced Perpetuals DEX built on a high-performance Layer 2 network, engineered for Open Finance.

📋 Requirements

1. Ethereum wallet
2. some USDC on the Ethereum network

You can transfer(a.k.a. “bridge”) your funds between networks through exchanges like Bybit, or through bridge DApps like Jumper.

📄 How to be eligible

1. Head over to the Paradex website
2. a. (safer): head over to the Vaults page, then deposit USDC onto the Gigavault vault and earn ~30% APR and earn points b. (risky, more points): head over to the Trade page, and start trading your favorite coins/tokens
3. Hope for the best!

Points are earned through (from Paradex docs):

• Trading and pay trading fees
• Provide liquidity (spread, depth, uptime, maker volume)
• Maintaining open trading positions
• Depositing collateral as trading margin or into Paradex Vaults
• Getting liquidated
• Trading frequently, referring friends, using new products and features, publishing community research, sharing alpha and being active in Discord

For questions, you can join Paradex’s Discord/Telegram channel.

Happy farming!