The important details
The season began on 1 February 2026; no end date is published.
Distributions take place on Wednesdays.
XP is a contribution score, not a fixed cash payout.
Who can participate?
Eligible Paradex users; platform restrictions and anti-Sybil review apply.
Costs and risks
Trading losses, funding and capital exposure can exceed any eventual reward.
Restrictions
Individual scoring is not fully specified; do not infer a personal token allocation.
What the source establishes
Official September25 Week32 announcement confirms 4M XP for September16–22 activity: https://x.com/paradex/status/2103450635135807637. It also reports separate referral allocations and overweighted options activity. Base rules: https://docs.paradex.trade/docs/xp-referrals/xp
Prizes are conditional. Points do not imply a token allocation or a guaranteed return. The official rules take precedence over this summary.