Paradex

— a decentralized perpetual futures exchange incubated by Paradigm (the fund behind Blur, Uniswap, and Coinbase), and it’s looking really promising:

- Backed by Paradigm, known for fat airdrops. And not just any support — the same CEO is directly involved, so it's top-tier backing.

- Built with Hyperliquid 2.0 mechanics: similar point system and a strong focus on derivatives.

- No KYC. You can trade anonymously using just a browser wallet extension

- Lower fees than CEXes: 0.05% for market orders, 0.02% for limit orders.

No VC round or fundraising yet — but trust me, Paradigm’s pockets are deep

At first glance, it might seem like a Hyperliquid clone, but PARADEX brings some serious juice:

Up to 30x leverage, even on exotic altcoins

Liquidity aggregation, meaning even if there aren’t many traders on the platform, you can still trade smoothly — just like on Binance

They're currently running the second season of their points program, with 15% of total supply allocated to it. Every week, 4M points are distributed among participants, and the season ends in July.

Oh, and yes — the airdrop is approved