Paradex Farming Module

Prerequisites

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

1. Paradex Account: Create an account at 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

2. Click on the profile icon in the top-right corner

3. A dropdown menu will appear with multiple options

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

Module Configuration

Required Parameters

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