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Drift vs Paradex: which perp DEX is better?

A side-by-side comparison of Drift and Paradex on fees, leverage, volume, chain and token.

DriftParadex
24h volume$280M$21M
Maker fee-0.5 bps0 bps
Taker fee4 bps0 bps
Max leverage20x50x
ModelOrderbookOrderbook
ChainSolanaStarknet appchain
Token$DRIFTNo token
AssetsCryptoCrypto

Drift vs Paradex: which should you choose?

If your priority is cost, Paradex wins on taker fees (0 bps). For maximum leverage, Paradex goes up to 50x. For depth and liquidity, Drift trades the most volume of the two.

Drift runs a orderbook on Solana, while Paradex runs a orderbook on Starknet appchain. Read the full profiles: Drift and Paradex.

FAQ

Is Drift or Paradex cheaper?
Paradex has the lower taker fee (0 bps vs 4 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Drift or Paradex?
Paradex offers more, up to 50x, versus 20x. Higher leverage means higher liquidation risk.
Which is bigger, Drift or Paradex?
Drift has more listed 24h volume ($280M), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.