Join Paradex

1. Go to the Paradex Website.
2. Connect your wallet and approve the creation of your Paradex wallet.
3. Deposit funds into your Paradex wallet. Refer to the official guides for funding methods.

Earn XP

• Trading & Fees: Gain XP by executing trades and paying trading fees.
• Liquidity Provision: Provide liquidity by enhancing spread, depth, uptime, or maker volume.
• Open Positions: Maintain open trading positions.
• Collateral Deposits: Deposit collateral as trading margin or into Paradex Vaults.
• Liquidations: Earn XP even when liquidated.
• Active Participation:
  • Trade frequently.
  • Refer friends.
  • Use new products and features.
  • Publish community research or share alpha.
  • Be active in Discord.
  • Linking social accounts (e.g., Twitter, Discord) helps distinguish legitimate users.
• Season 2 Details:
  • Weekly XP Pool: 4,000,000 XP.
  • Distribution: Every Friday.

Invite Friends

1. Visit the Referral Section in the app.
2. Generate your unique referral code.
3. Share the code with friends and community.
   • Referrer Rewards: Earn 5% of the taker fees paid by referred users.
   • Referee Benefits: Referred users get a 5% discount on taker fees.
   • Limits: Benefits apply up to $25M in taker trading volume per referred user.
4. Track your referral earnings in the Referral section:
   • View the number of referred users.
   • Monitor earned rewards (USDC, XP).

Sybil Detection & Eligibility

• Paradex uses advanced systems to detect Sybil accounts, including:
  • Platform identity (Twitter, Discord, Kaito social score).
  • Platform activity.
• XP and referral rewards may be reduced or voided for Sybil accounts or self-referral.
• Both the referrer and referee must comply with the Terms of Service.