Why are so few people sharing this potential prep platform Paradex? The project is about to have its TGE, so why isn't it surging? Hperliquid and aster have significantly raised the ceiling for the perpdex track, and Paradex @paradex has basically confirmed its token $DIME will be issued in Q4, distributing 57.6% of the supply to the community through the XP points system. 20% is allocated for the "genesis airdrop" to incentivize early users to participate in ecosystem building. If this isn't a rush, then what is? Paradex @paradex is the first application chain developed based on the Starknet stack and is officially supported by StarkWare. Utilizing ZK-Rollup technology, it achieves high-speed trading and low transaction fees. Paradex will offer perpetual futures trading with deep liquidity, capital efficiency, and performance while maintaining transparency and self-custody. Paradex is incubated by the Paradigm @tradeparadigm team, which is a liquidity network for crypto derivatives traders across CeFi and DeFi, having raised $35 million with star institutions like GSR, Dragonfly Capital, and DCG participating. During the big crash on October 11, many Perp dexes experienced downtime and other issues, but Paradex had no major incidents. This event demonstrated that Paradex is a more promising and capable perpetual contract exchange. While the entire network experienced large-scale liquidations, Paradex operated normally without downtime, and there were no ADL or social loss situations. Only a small number of users were affected, but after the issues arose, Paradex compensated all Gigavault depositors a total of $604,225.48, with an additional $160,182.13 allocated to users affected by erroneous liquidations. Furthermore, Paradex has completed upgrades, allowing the system to identify abnormal transactions earlier, effectively preventing transaction cancellation issues, significantly enhancing on-chain processing capacity, speeding up transactions, and ensuring more timely data synchronization, supporting higher position limits. The table below shows the performance of multiple Perpdexes that night. Paradex has advantages such as zero trading fees, strong liquidity, and high privacy. Unlike other Perp dexes, Paradex does not use ADL. ADL (Automatic Deleveraging) is the last line of defense that exchanges activate to prevent system bankruptcy during extreme market conditions. It forces the liquidation of some profitable positions to cover losses incurred by another party due to liquidation. This is why many hedging positions were liquidated that night. Paradex supports perpetual contract trading for 116 tokens and options trading for Bitcoin, Ethereum, SOL, and HYPE, with a maximum leverage of 50x. The platform offers a variety of trading tools to meet different trading strategy needs, and there is also zero-fee trading based on order flow payments, significantly reducing trading costs. Paradex allows users to collateralize assets to receive Vault tokens and earn returns from strategies managed by Vault operators. Currently, Vaults include three main types: Protocol Vaults, Vault Traded Funds, and User Vaults. Protocol Vaults are launched by the protocol, including two products: Liquidator Vault and Gigavault. The former earns returns by taking over positions awaiting liquidation, while the latter gains returns through Paradex's market-making strategy. Currently, the TVL of Paradex's Gigavault is still $48 million, with an APR yield of up to 20%. Paradex has not yet issued tokens and is about to have its TGE, so everyone can interact and use it. For those seeking stability, you can deposit in the vault while also earning annualized returns from the vault. Additionally, you can share Paradex content on the Kaito @kaitoai leaderboard to earn rewards.