Paradex

Paradex is a decentralized perpetual futures exchange built on a Starknet-based appchain and incubated by the institutional derivatives network Paradigm. It uses an order book model with USDC collateral and charges zero fees for retail traders.

Paradex fees

Paradex charges about 0 bps maker and 0 bps taker (a basis point is 0.01%). As with any perp venue, the funding rate often matters more than the headline fee: it is a recurring payment between longs and shorts that can quietly run for or against your position. See how this stacks up on the lowest-fee perp DEX ranking.

Paradex leverage & markets

Paradex offers up to 50x leverage across crypto markets on Starknet appchain. Higher leverage magnifies both gains and liquidation risk, so size positions carefully. For the most aggressive limits, see the highest-leverage perp DEX ranking.

Is Paradex safe and is there KYC?

Paradex is non-custodial: your funds stay in your own wallet and you sign each trade, so there is no company holding your balance and typically no KYC. The trade-off is smart-contract and liquidation risk, so prefer venues with a solid track record and verify contracts yourself.

Paradex airdrop & points

Paradex has not launched a token, so active trading now may position you for a potential future airdrop. Estimate what your points could be worth with MoonMath, and remember an airdrop is never guaranteed.

Who is behind Paradex?

Paradex was built by Anand Gomes, also co-founder and CEO of Paradigm.

Backers: Incubated by Paradigm (institutional crypto derivatives network).

Paradex milestones

• 2024Paradex launches on a Starknet appchain
• 2025Paradex opens its XP Season 2 program
• 2025Paradex announces its native DIME token

Paradex FAQ

What is Paradex?

Paradex is a Starknet appchain perp DEX incubated by derivatives network Paradigm. It runs on Starknet appchain using a orderbook model, offering up to 50x leverage on crypto markets.

What are Paradex's fees?

Paradex charges roughly 0 bps maker and 0 bps taker (1 bp = 0.01%). Funding is paid periodically between longs and shorts.

Does Paradex require KYC?

No. Paradex is a decentralized exchange: you connect a self-custody wallet and trade permissionlessly, with no signup or KYC on the protocol.

Does Paradex have a token?

Not yet. Paradex has no token, so trading now may position you for a potential future airdrop (never guaranteed).