Following Pre Season, we rebuilt our entire points system from scratch. The feedback from the Paradex community was clear: Points were tough to earn and were being dominated by the big bois. We went back to the drawing board with one goal in mind – leveling the playing field and giving plebs a real shot.

Xperience Points (XP) are the new universal metric to measure and reward user engagement on Paradex. XP isn’t just a number - it’s a quantitative system for rewarding every contribution, big or small, to the Paradex ecosystem. ‍ Previously, XP allocations were transparently broken down by category with explicit weights assigned. In Season 1 and Season 2 we are adopting a more dynamic model.

This change is designed to reduce gaming of the system, minimize distribution to sybil farmers, and maximize rewards for genuine users and organic activity.

Earn XP

Under the new rewards system, we will provide high level guidance on activities that can earn you XP, but will no longer specify the exact formulas, weights or allocations between categories week by week.

Below are some examples of activities that can earn you XP in Season 2. Note that this list is non-exhaustive, and categories may be added or removed in the future:

Trading and pay trading fees
Provide liquidity (spread, depth, uptime, maker volume)
Maintaining open trading positions
Depositing collateral as trading margin or into Paradex Vaults
Getting liquidated 😳
Trading frequently, referring friends, using new products and features, publishing community research, sharing alpha and being active in Discord

Notes

Linking your social media accounts (e.g., X and Discord) helps us better distinguish legitimate users from Sybils.

Users contributing to overall liquidity provision on the platform, particularly for low-volume pairs, may receive higher XP distribution.

XP Seasons

Season 2 (LIVE!)

Duration: January 3, 2025 and is expected to run through the end of July 2025.
Weekly XP Pool: 4,000,000 XP*
Distribution: Fridays

_{* Affiliate bonus XP is incremental to the base weekly XP distributed to Paradex users. See the Referrals page for additional details}

Pre Season & Season 1

Paradex’s Pre Season (Beta) and Season 1 XP programs launched on February 1, 2024 and concluded on January 2, 2025.