Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
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Futures Events
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Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Perps DEX is collapsing!
Once a top-ranked project in trading volume, Paradex TGE has now, with its token $DIME , a FDV market cap of only $45 million. It feels like, besides those who earned through OTC trading points, everyone else might need to consider a reverse buyback.
I only traded Paradex a few times in the very early days and enjoyed a cup of Bingsu. But Paradex's performance has raised concerns about the valuation of the entire Perps DEX sector. Now, the projects I’m involved with should definitely avoid a reverse buyback. Moving forward, I really need to control costs on the Perps DEX projects I’m involved in, try to participate while trading, or else the possibility of a reverse buyback is quite high.