This podcast is a special one.
Based Show presents @fiddybps1 [founder of @tradeparadigm@paradex ]
We unpack the journey of building The Defi Super App
The vision, the mission, the relentlessness, the execution. The man is a warrior !
Timestamps:
0:00 : Raw backstory & origin of the persona
2:19 : Attraction to fringe culture & diverse upbringing
4:24 : Gaming as first love
4:57 : Parents vs passion (traditional Indian household
7:02 : Music, DJing & creative experimentation
8:46 : Reality check – passion vs financial reality in India
9:45 : Entrepreneurial family background
11:04 : Falling in love with finance (first MBA finance class)
12:31 : Curiosity for misunderstood & fringe systems
14:03 : First job in finance (quant → trading desk)
17:16 : Bitcoin whitepaper moment
20:05 : Machine learning & exposure to new models
22:20 : Discovering broken systems in commodities trading
26:33 : Trading floor feels like a LAN party
28:43 : First automation breakthrough (15 min → seconds)
30:45 : “You should build a company” realization
31:18 : Immigrant founder constraint (visa risk)
33:22 : Forced delay becomes strategic advantage
34:40 : Biggest milestone – overcoming immigration
37:43 : Founder psychology (war with your own mind)
39:03 : Paradigm growth & institutional dominance
41:01 : Why Paradex exists (dependencies kill companies)
42:54 : FTX collapse & darkest period
46:38 : Choosing the fight instead of quitting
51:30 : Transition from survival → long-term vision
55:38 : DeFi super center framework (financial mega-cities analogy)
57:26 : Privacy as non-negotiable
59:54 : PRISM revealed (alpha moment)
1:02:50 : Toxic vs non-toxic flow explained
1:06:22 : Why ZK > L1 > Optimistic rollups
1:09:54 : Zero fees ≠ zero revenue
1:12:50 : Revenue increased after zero fees
1:16:09 : Real competition isn’t other DEXs (TradFi is the enemy)
1:20:05 : Infrastructure vs consumer apps (liquidity infrastructure thesis)
1:21:00 : “Trade anything, with anyone, settle instantly” A vision
1:22:48 : Why this vision is brutally hard & requires suffering
1:25:11 : Team size reveal
1:27:36 : Flat org structure (no managers, 2 meetings/week)
1:29:11 : Brutal hiring funnel (530 → 6 → 3 hires)
1:32:03 : Determination > pedigree (why degrees don’t matter)
1:34:32 : Family influence & father’s story
1:37:08 : Meritocracy, empathy & values
1:38:48 : Becoming a father & legacy mindset
1:40:46 : TGE delay, farming accusations & retention-first logic
1:43:51 : Tokenomics, alignment & governance pillars
1:47:54 : Biggest fear – not reaching full potential
1:49:30 : Closing remarks & outro
Everyone’s got their bedtime meditations. Mine tonight is Nanak Naam Rakhaya by @diljitdosanjh. Some real peace in this one 🕊️
Happy Gurpurab to all 🙏🏽
https://t.co/MjthTNKISO
This year I had a long list of things to do before 30 and tried to rush them all. It only left me tired. Now I’m learning to slow down, focus on 2–4 things that matter, and let consistency beat chaos.
DON’T CHASE THE HABIT.
CHASE THE FEELING.
It’s not yoga I’m addicted to, it’s the calm and clarity I feel after.
That’s the reminder. Consistency comes from being hooked on the feeling, not the act itself.
Kindness is powerful, but I’ve seen how saying “it’s okay” or having that “ignore is bliss” can mean I’m accepting less.
It’s hard to be stubborn but sometimes it’s important to know what you deserve, and the universe will back up accordingly ✨
Just found Grok on X. Wow!
I’m a singer & voiceover artist. Voice is my thing.
It’s way more expressive than words.
Grok’s like chatting with my team, sparking my creative flow. #Grok#Grok4
Hey #TeamSimran! ♥️ Back with my second single! #MITHIMIRCHI ft Charan Preet is out now! 🍭🌶 Here is a blend of a sweet and sassy vibe! Hope you all like it! Happy grooving! 💃🏻🕺🏻
https://t.co/PhWzmmmqR8
Share it if you like it! Subscribe for more music! 🤍🙏🏽
We appreciate everyone involved in pushing the brand. S/o @simrankeyz for rocking with us, we appreciate you @ventsmagazine for the article all I can say is we working, we humble and y’all stay tuned. @ Henderson, Nevada https://t.co/8rxM0jvkcW
🔥🔥🔥 WL GIVEAWAY🔥🔥🔥
I am giving away five (5) @loveless_city WL spots courtesy of the team!
How to enter:
- Follow both @loveless_city and @icollectjpegs
- LIKE & RETWEET
- Tag a friend (Unlimited entries)
I will be picking five winners in 48 hours!
Thought of the day : Do you ever feel like you can help set things for people around you but when it comes to your own decisions, you become clueless or confused? 🤔 #SimranKeyz
#HAPPYNEWYEAR to everyone!! May this year be yours and keep shining! Rather than setting resolutions, it’s important to be consistent in whatever you do ♥️ #SimranKeyz
I’m now all suited up and ready for the royal gala dinner in London. The tuxedo looks and feels great. Many thanks to Patrick & Co in Thong Lo for rushing this for me. Highly recommended. Also Don’s Footwear who custom made my shoes. I need to pack now and head to the airport.