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ParamX Says Its Grid Options Settle on Sui and That the Product Is in Alpha

ParamX's site says grid options are collateralized in USDC and settled on Sui mainnet. The account, created August 22, 2026, says the product is in alpha.

SuiWireNewsroom1 min read
DeFi: ParamX Says Its Grid Options Settle on Sui and That the Product Is in Alpha

ParamX describes grid options: a contract on whether a price trades inside a range during a time window. Its site says every trade is fully collateralized in USDC and settles onchain, and the page says the product is "Live on Sui mainnet." It says custody is the user's own Sui wallet, through Google or Apple sign-in with zkLogin, and it publishes the exchange Move contract address. The official site is paramx.xyz, and the official account on X is @ParamX_XYZ.

The account was created on August 22, 2026. Its bio says "Now in Alpha. Built on Sui" and includes paramx.xyz.

SuiWire checked the site and the account on November 11, 2026.

Sources

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