DIME Utility | Paradex | Documentation

Buybacks

Net revenue generated from protocol fees will be used to buy back $DIME and/or fund ecosystem growth initiatives. Buybacks are executed periodically (e.g. Daily TWAP) using available net revenue.

The account that conducts buybacks is 0x3f38009a58bfc930a399ef9670ee60b355d9d22ea79709f2243182989d16709 and its $DIME balance can be viewed here

Pay Fees in $DIME

Pay fees in $DIME for a flat 40% discount. Fees are deducted from your spot $DIME balance at the $DIME ↔ USDC mark price at transaction time.

Example

A user who stakes 100K $DIME (15% staking discount) and pays fees in $DIME (40% $DIME fee discount) gets a total discount of 55% (15% + 40%), applied to their volume based taker fee.

For the full fee schedule and volume tiers, see Trading Fees.

Staking Fee Discounts

Stake $DIME for tiered Spot & Perps taker fee discounts, up to 30%.

Staking Tier	$DIME Staked	Fee Discount
Base	0	0%
Wood	≥ 10K	5%
Bronze	≥ 50K	10%
Silver	≥ 100K	15%
Gold	≥ 500K	20%
Platinum	≥ 1M	25%
Diamond	≥ 2M	30%

To unstake, submit an unstaking request at any time. A 24 hour cooldown follows, after which you must confirm to receive your funds.

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.