Paradex Announces Genesis Airdrop on March 5 and Updates Token Economics

KuCoinFlash

Release Time: 03/04/2026 16:45:44

Summary

Paradex announced on-chain news regarding its genesis airdrop, scheduled for March 5, 2026. Users can claim DIME tokens via the platform for a two-week period. DIME will initially trade exclusively on Paradex, with additional token listings planned for later. The token economics have been updated, increasing the airdrop allocation to 25% and raising the community airdrop to 25% of the total supply. The foundation acquired 4.4% through XP purchases, reducing the TGE circulating supply to 24.5%.

Odaily Planet Daily reports that the Paradex Foundation announced on X that it will conduct its genesis airdrop on March 5. Eligible users can claim DIME via the Paradex user interface within two weeks. Initially, DIME will be tradable only on the Paradex platform, with plans to list on additional platforms in the future.

Genesis time: March 5, 2026, 3:00 PM Beijing Time

Initial launch time: 10:00 PM Beijing Time, March 5, 2026

Additionally, Paradex updates its tokenomics:

The airdrop allocation has increased from 20% to 25%, raising the XP Community Airdrop distribution for Season 2 by 5 percentage points, from 20% to 25% of the total supply.

The foundation acquired 4.4% of the supply through XP purchases, primarily from institutional holders, reducing the circulating supply at TGE to 24.5% (excluding the foundation treasury).

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