Live Statistics
24h Volume
$12.32M
-42.24%7d Volume
$77.79M
-42.18%30d Volume
$335.86M
-1.00%Open Interest
$33.32M
Market Share
0.07%
Markets
79
Weekly Visits
N/A
Rank
#49
How does Paradex work?
Paradex combines AMM liquidity pools with an order book layer, giving traders the flexibility of passive liquidity provision alongside active order management. This hybrid approach aims to minimize slippage for large trades while maintaining deep liquidity for common pairs.
Key Features
Non-Custodial
You control your private keys. Funds never leave your wallet until a trade is executed on-chain.
Hybrid Architecture
Hybrid model combining AMM pools with order book functionality for maximum flexibility.
1 Network
Available on Multi-chain.
Transparent Fees
Fee structure is transparent and visible on-chain for every trade.
79 Markets
Paradex offers 79 trading markets across derivatives instruments.
Open Access
No KYC required. Connect any compatible wallet and start trading immediately from any jurisdiction.
Open Interest — 30-Day History
Avg OI (30d)
$34.67M
Peak OI (30d)
$36.17M
Low OI (30d)
$33.32M
Daily open interest over the last 30 days · Paradex
Frequently Asked Questions
What is Paradex?
Paradex is a decentralized exchange (DEX) that operates on Multi-chain. It uses a hybrid model and focuses on derivatives and perpetual futures.
How does Paradex work?
Paradex combines elements of AMM liquidity pools and order book trading to offer flexible execution for both retail and institutional traders.
Is Paradex safe to use?
Paradex is a non-custodial decentralized exchange, meaning users retain control of their private keys and funds at all times. Smart contract risk is inherent in all DeFi protocols — always review audits and use appropriate position sizes.
Which blockchains does Paradex support?
Paradex operates on Multi-chain. Multi-chain support allows users to trade assets native to each supported chain without bridging.
When was Paradex launched?
Paradex was launched in 2023. Since then it has grown to offer 79 trading markets with $12.32M in 24-hour trading volume.
