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Paradex

Perp + Options
$DIME · Founded 2024 · app.paradex.trade ↗
$0.0521.34% 24h
Visit Paradex ↗
Zero retail feesOptions
★★★★★★★★★★
78/100dexwatch score · Solid

Paradigm-backed perps, options and spot in one cross-margin account on its own Starknet appchain — with zero retail fees.

ℹ
Status

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.

◆
For beginners

Polished and well-funded; stick to perps at first — options are advanced.

Key metrics

24h volume
$1.8M
7d volume
$64.7M
Total value locked
$30.1M
Open interest
$11.6M
Share of tracked perp volume
<0.1%
Market cap
$9.7M
Maker / taker fee
0% / 0%
Max leverage
50×
Trading pairs
66

Snapshot Oct 18, 2026 from public sources (the venue's own market API for volume and open interest, DefiLlama for TVL, CoinGecko for token price). Live values refresh in your browser where a source is available. Fields without a verifiable source show n/a.

The honest take

Pros
✓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
Cons
✕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
Made your choice?

Start trading on Paradex

Non-custodial — connect your wallet and you stay in control of your funds. Leverage is high-risk; only trade what you can afford to lose.

Paradex Chain (Starknet appchain)Perp + Options
Open Paradex ↗ Visit app.paradex.trade Affiliate link · dexwatch may earn a commission at no extra cost to you.

Frequently asked about Paradex

Is Paradex safe to use?
Paradex has a dexwatch security score of 78/100 (Solid). Published audits and reviews: Cairo Security Clan, Nethermind, Zellic. Because it is non-custodial you keep control of your funds in your own wallet.
What are the trading fees on Paradex?
Paradex charges a maker fee of 0% and a taker fee of 0%.
What is the maximum leverage on Paradex?
Paradex offers up to 50× leverage on supported markets. High leverage is extremely risky and can liquidate a position quickly — only trade what you can afford to lose.
Which blockchains does Paradex support?
Paradex operates on Paradex Chain (Starknet appchain).
Is Paradex good for beginners?
Polished and well-funded; stick to perps at first — options are advanced.

Head-to-head comparisons

Build your own →
Paradex vs dYdXParadex vs HyperliquidParadex vs LighterParadex vs GRVT

Compare with similar venues

See full ranking →
Hyperliquid
HYPE
24h vol$3.15B
Taker0.045%
Perp DEX1.89%
Lighter
LIT
24h vol$1.77B
Taker0%
Perp DEX7.40%
Variational Omni
—
24h vol$950.7M
Taker0%
Perp DEX (RFQ)—
trade.xyz
—
24h vol$870.0M
Taker0.09%
Perp DEX (HIP-3)—

Learn before you trade

Open the Academy →
What are perpetuals & perp DEXes?Module 7 · 7 min read → Leverage risk & liquidationModule 7 · 6 min read → The crypto wallet: your key to the DEXModule 2 · 6 min read → Phishing, fake sites & wallet drainersModule 5 · 7 min read →
Key terms
PerpetualsFunding rateLeverageLiquidationMargin
Related guides
Best DEX for beginnersBest perp DEXesHow to choose a DEXHyperliquid alternatives

Figures are a dated snapshot from public sources — they move constantly and are for reference only, not financial advice. Updated Oct 18, 2026. Spotted an error? Tell us.