3.7K @VietnamPenguin Bro rugged his own token $DIME and is now walking around Consensus Miami as a speaker on crypto ETFs 😂
- $DIME is down ~90% just 2 months after TGE. The token ONLY goes down and doesn’t even attempt to bounce.
- Average daily trading volume is now ~$10k.
- The only CEX listing they managed to get was MEXC. Not even Binance Alpha, Gate or KuCoin (despite collecting ~$17.5M in lifetime fees).
Crypto is not a serious industry.
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3.7K @fullvaluedan Quick recap of what's going on Paradex:
+ Changed to a low fee model
+ Immediate $DIME utility through staking
+ Paradex will be the place for Options; providing the lowest fees and best user experience
71.9K @paradex Introducing Fee Tiers, $DIME Utility, and NFT Boosts
We are rolling out volume-based fee tiers, $DIME staking discounts, and $DIME fee payments, while keeping maker fees at 0% across the board. Retail traders remain first-class citizens on Paradex. We believe retail should always get the best deal, which is why retail fees are lower than pro fees at every tier.
Why It Matters: The new structure introduces separate fee schedules for Retail (VIP tiers) and Pro, each based on 14-day rolling trading volume, with further discounts available through $DIME staking and fee payment in $DIME. The result is simple: retail users get the best pricing on the exchange.
$DIME now has concrete utility. Users can stake it for meaningful fee discounts, or use it as a payment currency to unlock even lower effective fees.
Stack your discounts (up to 70% off base fees):
+ $DIME Staking – up to 30% off. Lock more, save more. 24hr unstaking period applies.
+ $DIME fee payment – initially 40% off. Opt to pay fees in $DIME for add
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27.4K @fiddybps1 March was our best month to date, with a significant amount of progress across product and GTM.
+ Tradfi markets are live
+ Options are live
+ Bought back 7.1% of supply in march, 11% cumulatively
we’re not stopping there.
next up:
- staking and fee tiers next week, with up to a 40% discount when fees are paid in $DIME
- RFQ integration with @tradeparadigm next week
portfolio margin v2
- DIME Terminal, which we believe will materially change how users think about trading
we believe trading UIs are about to change materially. richer human-computer interaction will reshape how people trade, and our products will evolve accordingly.
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