ArbiLayer
Perp DEXProof of reserves

Paradex

Privacy-focused perpetuals exchange from the Paradigm team, running an off-chain order book that settles on its own Starknet-stack appchain, with zero trading fees for retail.

Volume (24h)$6.18MUSDT markets tracked live
Coins63with USDT pairs
Spot / Perp markets0 / 63tracked by ArbiLayer
Base fees0% / 0%maker / taker, perp

About Paradex

Privacy-focused perpetuals exchange from the Paradigm team, running an off-chain order book that settles on its own Starknet-stack appchain, with zero trading fees for retail.

Perpetuals
Maker0%
Taker0%
Base tier
  • Zero Fee Perps: retail traders on web and mobile pay 0% maker and taker on all perpetuals
  • Docs list a general schedule of -0.005% maker / 0.03% taker on notional
  • RPI (Retail Price Improvement) makers pay 0.005%; high-frequency API takers pay 0.02%
New users

XP points program and referrals

  • Xperience Points (XP) rewards for trading activity
  • Referral program
  • Zero trading fees on perps for retail users
Claim on Paradex ↗Terms and regional eligibility vary. Check the offer page before signing up.

Transparency & assets

✓ Reserves verifiedReport ↗
Proof of reserves
On-chain, verifiable
Assets on-chain
$21.89M
Snapshot
Oct 1, 2026
Frequency
Real-time
  • TVL about $21.9M per DefiLlama (2026-10-01)
  • Account data encrypted before settlement; state validity proven with zero-knowledge proofs

Company

Founded
2023
Runs on
Own Layer 2 appchain built on the Starknet stack (zk-STARK proofs settled on Ethereum)
Token
DIMENative gas token of the Paradex appchain and ecosystem token; launched 5 Mar 2026 with a 25% community airdrop to XP holders

Founders

AGAnand GomesCo-founder (Paradigm)

Leadership

AGAnand GomesCEO

Products

Perpetual futures (crypto, equities, FX, commodities)Perpetual optionsSpotVaultsXUSD stablecoinMobile app

Not available in

United StatesCanadaUS territoriesCubaIranNorth KoreaSyriaCrimea, Donetsk, Luhansk and Sevastopol

Incidents & regulatory history

  1. 202619 Jan 2026: a database migration error briefly priced BTC at $0 and triggered liquidations; Paradex rolled back the chain to the pre-migration state after about 8 hours of downtime and cancelled open orders.

Volume, last 7 days

7 days agonow

Top markets

ArbiLayer does not track live markets on this exchange yet.
Sources · checked Oct 1, 2026
  1. docs.paradex.trade
  2. paradex.trade
  3. paradex.trade
  4. paradex.trade
  5. tradingview.com
  6. panews.io
  7. chaincatcher.com
  8. finance.yahoo.com
  9. api.llama.fi