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$DIME is the native token of the Paradex ecosystem. 

Paradex has grown from a decentralized, high-performance derivatives exchange into a broader, composable stack where market primitives (spot, perps, options), risk primitives (unified margin), liquidity primitives (RPI and PRISM), and privacy primitives come together to form a single operating system for onchain finance. Drawing on these primitives from this foundation, Paradex enables a market structure engineered for deep liquidity, zero-fee execution, immediacy, verifiability, and user protections, without requiring users to give up self-custody or privacy.

$DIME coordinates and aligns incentives across protocol users, liquidity providers and builders, as Paradex expands from a derivatives venue into a full on-chain financial system.

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What $DIME Is Intended to Do

Buybacks
All net protocol revenue generated from fees across current and future products is expected to be allocated by Paradex to $DIME token buybacks and/or other ecosystem growth initiatives. Buybacks are typically executed periodically (for example, daily) using accumulated net protocol revenue. This mechanism is intended to reduce the circulating supply of $DIME over time.

Staking
Staked $DIME is intended to provide access to platform benefits such as reduced fees, rebates, and priority access to select protocol features, including Gigavault. A full staking program will be announced shortly after TGE.

Gas
$DIME is intended to be the gas token for Paradex Chain (DimeVM), a general-purpose smart contract platform powered by Cairo. DimeVM shares state with the Paradex Exchange, enabling a composable, high-throughput execution environment where onchain applications can interact with the liquidity and privacy infrastructure built on Paradex.

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Genesis Airdrop

The $DIME genesis airdrop marks the start of $DIME’s lifecycle as the native asset of the Paradex ecosystem. At genesis, $DIME will be claimable for a two week period by eligible participants through the Paradex user interface. $DIME will initially be tradeable exclusively on Paradex, with additional venues expected to follow.
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• Genesis time: March 5, 2026 at 3:00 PM SGT (07:00 UTC)
• Initial listing: March 5, 2026 at 10:00 PM SGT (14:00 UTC)
• Fully Diluted Token Supply: 1,000,000,000

Tokenonomics Update

Since the publication of our initial tokenomics post in December 2024, two changes have been made to the $DIME token allocation.

1. Airdrop upsized to 25%. The Community Airdrop allocation for XP Season 2 was increased by 5 percentage points, from 15% to 20% of total supply. This increase was allocated as part of the Season 2 extension in July 2025.
2. Foundation XP acquisition. The Foundation has acquired 4.4% of total token supply via XP purchases primarily from institutional holders.

These actions reduce the circulating supply at TGE by 4.4% to 24.5% (excluding the Foundation Treasury), while increasing the allocation for all future seasons via Ongoing Community Rewards.

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Performance Based Unlocks

As outlined in our May 2025 tokenomics update, 80% of the team allocation will unlock based on performance milestones rather than time alone, with the remaining 20% following a time-based schedule (all subject to a four-year vesting schedule extending through 2027+). The result is a team whose long-term compensation is structurally tied to $DIME's success. Paradex will publish the complete performance milestone framework in a dedicated post shortly after TGE. As a reminder, all team accounts are and will remain excluded from earning any community rewards. 

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Roadmap Update

Near-term roadmap is focused on expanding the product suite and increasing access to on-demand liquidity through the Paradigm RFQ integration.

• RWA Perps: Extend zero fee perps to RWA assets, including commodities, FX, equities, and indices
• Options: Introduce dated options to complete the core derivatives stack and enable more advanced risk management, including portfolio margin workflows.
• Paradigm RFQ Integration: Integrate Paradex with Paradigm’s institutional RFQ network to support larger trade sizes and more complex execution workflows. Paradigm has surpassed $1 trillion in cumulative lifetime volume (today!), providing context on the scale of the liquidity network this integration is intended to bring into the Paradex ecosystem.

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