Wiki › dYdX vs Paradex

dYdX vs Paradex: which perp DEX is better?

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

dYdXParadex
24h volume$39M$21M
Maker fee1 bps0 bps
Taker fee5 bps0 bps
Max leverage100x50x
ModelOrderbookOrderbook
ChaindYdX Chain (Cosmos)Starknet appchain
Token$DYDXNo token
AssetsCryptoCrypto

dYdX vs Paradex: which should you choose?

If your priority is cost, Paradex wins on taker fees (0 bps). For maximum leverage, dYdX goes up to 100x. For depth and liquidity, dYdX trades the most volume of the two.

dYdX runs a orderbook on dYdX Chain (Cosmos), while Paradex runs a orderbook on Starknet appchain. Read the full profiles: dYdX and Paradex.

FAQ

Is dYdX or Paradex cheaper?
Paradex has the lower taker fee (0 bps vs 5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, dYdX or Paradex?
dYdX offers more, up to 100x, versus 50x. Higher leverage means higher liquidation risk.
Which is bigger, dYdX or Paradex?
dYdX has more listed 24h volume ($39M), 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.