# Paradex Farming Module

### Prerequisites

Before using the Paradex Farming module, you'll need:

1. **Paradex Account**: Create an account at [app.paradex.trade](https://app.paradex.trade/)
2. **Paradex Address**: Your wallet address on Paradex
3. **Paradex Private Key**: Required for automated trading execution
4. **Sufficient Balance**: Ensure your account has adequate funds for trading

### Getting Your Paradex Credentials

#### Step 1: Access Your Profile

1. Navigate to [app.paradex.trade](https://app.paradex.trade/)
2. Click on the profile icon in the top-right corner
3. A dropdown menu will appear with multiple options

<figure><img src="https://3477217969-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FaWiG6XtemfC9IwxonZpa%2Fuploads%2Fj8eGd63RXyBc93KkGMJk%2FScreenshot%202025-11-18%20at%2018.07.01.png?alt=media&#x26;token=c06f66c8-63d0-472e-80bf-5572f96af97b" alt="" width="497"><figcaption></figcaption></figure>

#### Step 2: Open Wallet Settings

1. From the dropdown menu, click on **"Wallet"**
2. The wallet interface will open showing your account details

#### Step 3: Retrieve Your Credentials

In the wallet interface, you'll find:

* **Ethereum Address**: Your connected wallet address
* **Paradex Address**: Your Paradex-specific address
* **Copy Paradex Private Key**: Button to copy your private key for automated trading

<figure><img src="https://3477217969-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FaWiG6XtemfC9IwxonZpa%2Fuploads%2FFVQ2YX2blnPBqLaaJVFv%2FScreenshot%202025-11-18%20at%2018.07.24.png?alt=media&#x26;token=6c1e92dc-e68c-480f-9613-5baac96e5728" alt="" width="563"><figcaption></figcaption></figure>

### Module Configuration

#### Required Parameters

<figure><img src="https://3477217969-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FaWiG6XtemfC9IwxonZpa%2Fuploads%2Ff1G9XKjhmHRmYtKyQGQY%2FScreenshot%202025-11-18%20at%2018.08.06.png?alt=media&#x26;token=834f0978-7ec2-4bfe-974b-21c12b734118" alt="" width="563"><figcaption></figcaption></figure>

| Parameter                 | Description                                 |
| ------------------------- | ------------------------------------------- |
| **Paradex Address**       | Your Paradex wallet address                 |
| **Private Key**           | Your Paradex private key for automation     |
| **Select Pair**           | Trading pair to farm                        |
| **Trade Per Hour or Day** | Number of trades to execute per hour or day |
| **Leverage**              | Leverage multiplier for positions (1x-50x)  |

#### Trading Strategy Parameters

**Direction**

Choose your trading direction strategy:

* **LONG**: Only open long positions
* **SHORT**: Only open short positions
* **RANDOM**: Randomly alternate between long and short

**Order Type**

Select how orders are placed:

* **MARKET**: Execute immediately at market price (recommended)
* **LIMIT**: Place limit orders at specified prices
* **RANDOM**: Randomly choose between market and limit

#### Risk Management

| Parameter         | Description                            |
| ----------------- | -------------------------------------- |
| **Take Profit %** | Percentage gain to close position      |
| **Stop Loss %**   | Maximum loss percentage before closing |

### Setup Instructions

#### 1. Initial Setup

1. Open DextraBot and navigate to the Farming section
2. Select "Paradex Farming" module
3. Click "Configure" to open the settings panel

#### 2. Enter Credentials

1. Paste your **Paradex Address** in the first field
2. Enter your **Private Key** in the second field (will be hidden)
3. If you need help finding your private key, click "How to get Paradex Private Key?"

#### 3. Configure Trading Parameters

1. **Select Trading Pair**: Choose from available pairs
2. **Set Trade Frequency**: Enter trades per hour
3. **Choose Leverage**: Set between 1x-50x based on risk tolerance
4. **Select Direction**: Choose LONG, SHORT, or RANDOM
5. **Pick Order Type**: MARKET for immediate execution or LIMIT for better prices

#### 4. Set Risk Parameters

1. **Take Profit %**: Enter your target profit percentage
2. **Stop Loss %**: Set maximum acceptable loss percentage

#### 5. Activate Module

1. Review all settings carefully
2. Click **"Connect"** to activate the farming module
3. Monitor performance through the dashboard