Paradex CEO details Funding V2 improvements for stable trading. July 12, 2026 Crypto Briefing general Positive Paradex CEO has unveiled details of Funding V2, a significant upgrade to the decentralized perpetuals exchange's funding rate mechanism designed to reduce extreme rate volatility and create a more stable, predictable trading environment for DeFi derivatives participants. Funding rates on perpetual futures have long been a pain point for on-chain traders, with spikes and reversals eroding profitability and discouraging sustained market participation, particularly during high-volatility crypto market conditions. Paradex's Funding V2 introduces algorithmic adjustments that smooth rate oscillations, aligning the protocol more closely with centralized exchange standards while preserving the non-custodial, permissionless nature of DeFi trading. The upgrade arrives at a critical moment as decentralized perpetuals platforms - including dYdX, GMX, and Hyperliquid - compete aggressively for trader volume and open interest market share. Searches for Paradex Funding V2, DeFi perpetuals trading improvements, and best decentralized derivatives exchanges are gaining traction among active crypto traders evaluating platform alternatives. By stabilizing funding rates, Paradex aims to attract both retail and institutional traders who have historically preferred centralized venues for their greater predictability. The protocol operates on Starknet, leveraging zero-knowledge proof technology to deliver fast, low-cost settlement - a technical advantage the team believes Funding V2 will make more commercially compelling. Traders and DeFi analysts should monitor Paradex open interest growth, funding rate data, and user volume metrics over the next 30 to 60 days to assess whether the upgrade delivers measurable market depth improvements. Paradex's Funding V2 could stabilize volatile funding rates, enhancing trader confidence and potentially increasing participation in DeFi markets. Paradex CEO details Funding V2 improvements for stable trading.

Paradex launches bug bounty program with up to $500K in rewards. The perpetual futures exchange is offering ethical hackers up to 500,000 USDC through Sherlock, a significant upgrade from its previous $45K program on Immunefi. an hour ago Sponsored: Vera - AI-powered prediction market intelligence, built for serious analysts Explore Vera Paradex, the decentralized perpetual futures exchange built on Starknet's first appchain, has gone live with a new bug bounty program on Sherlock, offering security researchers up to $500,000 USDC for uncovering critical vulnerabilities in its protocol. The program launched on June 8, 2026, and is actively accepting submissions. For context on how seriously Paradex is taking this: its previous bounty program, which ran on Immunefi through mid-2025, had a total reward pool of $45,000. The new ceiling is more than ten times that figure. How the payout structure works. The program uses a tiered reward model. Critical vulnerabilities, defined as anything that could enable direct theft of $100K or more in user funds or cause protocol insolvency, are eligible for the maximum $500K USDC payout. Researchers earn 10% of the funds at risk, with a floor of $25,000 for any qualifying critical finding. The program explicitly excludes oracle-related vulnerabilities, issues already flagged in prior audits, bugs in third-party dependencies, and findings that overlap with other active bounty programs. What Paradex actually is. Paradex describes itself as a self-custodial trading platform designed to combine the speed and efficiency of a centralized exchange with the transparency that comes from settling on a public blockchain. It launched publicly around 2023 and runs on Starknet's appchain infrastructure, which gives it a dedicated execution environment separate from Starknet's main network. Perpetual futures are the product. These are derivative contracts that let traders take leveraged long or short positions on crypto assets without an expiry date, and they are consistently among the highest-volume products in decentralized finance. The jump from a $45,000 Immunefi pool to a $500,000 Sherlock program reflects a maturing approach to security economics. Bug bounties work on incentive theory: the reward has to exceed what an attacker could reasonably earn by exploiting the vulnerability and selling stolen funds. At $45K, that calculus was increasingly unfavorable. At $500K, serious security researchers have genuine financial motivation to find and disclose problems rather than exploit them. Disclosure: This article was edited by Editorial Team. For more information on how Crypto Briefing create and review content, see its Editorial Policy.