🔥Paradex Airdrop S2: XP Farming Notes
Paradex Trade
Optimize for Friday cut-off (00:00 UTC). Stack XP from steady trading, time in position, TVL, referrals, and Vaults. Keep size small, timing tight, and records clean. For a longer walkthrough, see reviewer’s take on Mirror breakdown and the official guide on Medium article.
Quick start
- Open the Paradex Airdrop eligibility checker (XP center).
- Connect your wallet, confirm network, place a tiny first order to initialize tracking.
- Check XP in your account panel. Don’t chase size; chase repeatability.
Weekly rhythm (what I run)
Make small fills, and let your orders age for OI (Options expiration) time, coming hotfooting back to them on Thursday to rebalance, verifying that all your Vault deposits have been settled, when Monday to Wednesday. Well-known referred users should be poked to finish a qualification step.Â
Thursday late is when you'll cut any exposures that you don’t want, keeping the ones you're happy to let age.Â
Friday at 00:00 UTC is the cut-off time. Anything you do after this will spill over into the next week, no room for last-minute panics.
XP sources that matter
As for trading on XP, the mix of maker and taker fees can really affect the outcome. Coming in with smaller, more predictable orders will give you an edge over someone who throws a single large order into the mix.Â
Open interest is also something to be considered. It's better to let positions ride and use stops, and avoid so-called "gambler sizing", which is basically a roll of the dice.Â
TVL stands for Total Value Locked, and it's a good idea to baseline it on Monday so that it's not still pending by the end of the week. Referrals need a real action from the wallet being referred, or the referral won't count.Â
Vaults are USDC deposits that get converted to Vault Tokens, but have operators running them, who currently specialise in perps.
XP to $DIME, without promises
Think of XP as a scoring system, and the final rules will be announced, when moving from XP to DIME. Coming from a weekly perspective, take a look at your logs to see if your routine is in an upward trend or flatlining, and adjust one parameter at a time. You can manipulate the days in position before scaling, or TVL before referrals, one at a time.