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Paradex
Paradex is a decentralized derivatives exchange built on Starknet offering fast, private, and self-custodial trading.
Company Info
Paradex is a next-generation decentralized derivatives exchange (DEX) that runs on a high-performance Layer-2 appchain powered by Starknet technology. It focuses on the future of DeFi trading, on-chain derivatives, and zero-fee cryptocurrency trading, while also promoting institutional-grade privacy. The platform combines the speed and efficiency of centralized exchanges with the security and transparency of decentralized financing.
It is intended for high-frequency trading and capital-efficient techniques, with users having complete self-custodial control over their assets. This makes Paradex one of Web3's most advanced decentralized trading systems. Backed by Paradigm and other leading investors, it is built as an institutional-grade decentralized trading and infrastructure ecosystem.
Key Features of Paradex:
- Zero maker and taker fees for retail users with optimized execution and better-than-CEX spreads.
- zk-encrypted trading accounts keep positions, entries, liquidation levels, and PnL hidden.
- Trade futures, perpetuals, options, commodities, and spot across 250+ markets.
- Automated trading vaults help users earn passive income through DeFi strategies.
Paradex Milestones:
| Year | Achievements |
| 2023 | It came out of stealth in July as Starknet's first-ever appchain. Rolled out a Closed Beta in August to test its hybrid model that blends CeFi-like performance with DeFi self-custody. |
| 2024 | In February, they moved to Open Beta on Mainnet. Launched the XP (Points) scheme to increase liquidity. By the middle of the year, the cumulative trade volume had exceeded $10 billion. |
| 2025 | The DIME token launch has been announced, along with a 20% genesis airdrop. Perpetual Options were introduced as a new sort of derivative with no expiry date and limited downside for buyers. |
| Performance Milestone: Became the first appchain to integrate S-two (StarkWare's next-generation prover), achieving record-breaking transaction speeds and institutional-grade throughput. |
FAQs
Company Details
Launch Date
Jan-2023
Contact Details
Singapore Changi Airport, 60 Airport Blvd., Singapore, 819643, Singapore
Social Media
Primary Category
- Decentralised Exchange
- Hosted
- Sponsored
- Media Partnered
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The requested search filter did not yield relevant results.
- Funding
- Investment
- Revenue
| # | Investor Name | Investor Category | Funding Date | Funding Round | Invested By | Fund Raised |
|---|---|---|---|---|---|---|
 No Records data foundOops, it’s quiet here! No funding list yet. | ||||||
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United States
Singapore
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