On March 5, 2026, the Paradex Foundation, the team behind the Starknet-based decentralized exchange, launched the genesis airdrop for its native token DIME. Eligible users now have two weeks to claim their tokens through the Paradex interface. Initially, DIME will be tradable exclusively on Paradex, with plans for future listings on additional exchanges to broaden liquidity.
Tokenomics Overhaul
The airdrop marks a significant update in Paradex’s tokenomics. The foundation increased the airdrop allocation from 20% to 25%, placing greater emphasis on community distribution. Additionally, the foundation acquired 4.4% of total token supply through XP purchases, effectively reducing the circulating supply at the Token Generation Event (TGE). After this adjustment, the TGE circulating supply stands at 24.5% (excluding treasury holdings), a move designed to mitigate immediate sell pressure and support long-term value stability.
Claiming and Trading Details
Users must connect their wallets to the Paradex platform and check eligibility on the airdrop page before completing the claim. The Paradex interface provides a guided process. Notably, DIME will initially only trade within the Paradex internal market, concentrating early liquidity on the platform. The foundation has confirmed that it will actively pursue listings on other major exchanges in the coming weeks to enhance accessibility and market depth.
Ecosystem Impact and Market Response
As a leading DEX in the Starknet ecosystem, Paradex’s airdrop strengthens community engagement and reflects its commitment to decentralized governance. The increased airdrop ratio combined with proactive buybacks signals a strategy that prioritizes early supporters. Market data shows the DIME token rose approximately 1.09% after the airdrop announcement, indicating investor optimism about the project’s prospects.