A veteran Cosmos appchain against a younger Starknet appchain: dYdX's long record and staking versus Paradex's zero retail fees, options and DIME token.
At a glance
Higher 24h volume
dYdYdX
$18.1M
Lower taker fee
PaParadex
0%
Deeper liquidity (TVL)
dYdYdX
$108.6M
Longer track record
dYdYdX
since 2017
dexwatch score
dYdYdX
81/100
Full comparison
Every figure is a dated snapshot from public sources (Oct 10, 2026); fields without a verifiable source show n/a. “Best” marks the stronger value in a row — higher volume or liquidity, lower fees, longer track record. Max leverage is shown as information, not a positive.
DIME launched with a genesis airdrop on 5 March 2026. Paradex's own API reports far lower volume than third parties cite for the venue; treat our figure as a floor.
✓Retail accounts pay 0% maker and 0% taker; pro and API accounts pay from 0.045%
✓Perps, dated options and spot share one margin account — rare on-chain
✓Options open interest passed $250M in September 2026 after a Paradigm RFQ integration
✕A January 2026 maintenance bug caused mass liquidations, an eight-hour outage and a chain rollback (users were refunded)
✕Public volume tracking is partial because of the chain's privacy model, so the figures here understate activity
dYdX vs Paradex FAQ
Which has higher trading volume, dYdX or Paradex?
dYdX — about $18.1M in the last 24 hours versus $3.2M on Paradex. Figures are a dated snapshot (Oct 10, 2026) and move constantly.
Is dYdX or Paradex cheaper to trade?
Paradex lists the lower headline taker fee (0% versus 0.05%). Your real cost also depends on network gas, maker rebates, spreads and price impact on the size you trade.
Which has deeper liquidity, dYdX or Paradex?
dYdX holds more total value locked ($108.6M versus $32.3M), a rough proxy for how much size a market can absorb.
Which offers higher leverage, dYdX or Paradex?
dYdX allows up to 50×, versus 50× on Paradex. Higher leverage multiplies losses as fast as gains — it is information, not an advantage.
What's the main difference between dYdX and Paradex?
dYdX is a perp dex on dYdX Chain, while Paradex is a perp + options on Paradex Chain (Starknet appchain). Match the venue to the chain and assets you actually use.