Paradex's weekly points update is out, and there are new adjustments to the trading rules. According to the current points algorithm, the annualized return can exceed 100%.
Taking actual trading as an example, the holding time is about one hour, with a total buy and sell volume of 0.2 BTC (which is 0.1 BTC on each side). The system rewards 20 XP. This part is basically pure trading points, as funds and position size only stay in the account for one hour, so the impact on overall metrics can be ignored.
From a profit perspective, the off-platform sale points are priced at 1 XP = 0.2 USD, so these 20 XP can be exchanged for a 4 USD profit. Meanwhile, the spread loss in my entire trading process is only 0.4 USD, making the profit potential quite good. This mechanism is indeed attractive to active traders.
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MEVSandwichVictim
· 15h ago
Annualized 100%? Man, that number sounds suspicious
Feels like one of those schemes that look like making money but are actually just pulling the wool over your eyes
Earning 4 dollars with 0.1 BTC in an hour? Are you sure the spread is really only 0.4? I don't believe it
There's no free lunch in this world, brother
Wait, why is the XP off-chain price still so stable to be this outrageous
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ImaginaryWhale
· 15h ago
100% annualized? That number sounds a bit suspicious.
Wait, a 0.2U spread can yield 4U profit? That's an outrageous price difference.
Just getting started, waiting for the moment to dump the market.
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DAOdreamer
· 15h ago
Well, this data looks pretty solid; a 100% annualized return isn't unreasonable.
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StablecoinEnjoyer
· 15h ago
Alright, this points system does seem to be quite resistant to attack.
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MetaNomad
· 15h ago
The figure of 100% annualized return sounds pretty unbelievable; I always feel there might be some variables later on.
Paradex's weekly points update is out, and there are new adjustments to the trading rules. According to the current points algorithm, the annualized return can exceed 100%.
Taking actual trading as an example, the holding time is about one hour, with a total buy and sell volume of 0.2 BTC (which is 0.1 BTC on each side). The system rewards 20 XP. This part is basically pure trading points, as funds and position size only stay in the account for one hour, so the impact on overall metrics can be ignored.
From a profit perspective, the off-platform sale points are priced at 1 XP = 0.2 USD, so these 20 XP can be exchanged for a 4 USD profit. Meanwhile, the spread loss in my entire trading process is only 0.4 USD, making the profit potential quite good. This mechanism is indeed attractive to active traders.