Paradex is a decentralized exchange built as a Starknet appchain, trading perps, spot and options with a two-class fee schedule: Retail pays nothing on any product, while Pro (API) traders pay a flat
Starknet
USDCAug 30, 2023
$0.0
Partially
May 12, 2025
Markets, leverage and the controls available before you enter a position.
Trading charges, discounts and the cost of keeping a position open.
What you can deposit, where funds are held and how you get them back.
Audits, liquidation rules and who can change the system.
Token utility, points and referral programmes available to traders.
Regional restrictions, wallet requirements and ways to use the venue.
cloud matching with independent on-chain trade validation Position Hedge Mode + Isolation Level: hedge-mode capability (simultaneous long+short on the same pair) is not addressed anywhere in the docs; isolation, where documented, is only at the sub-account level, not per-pair: each sub-account has its own margin and positions shielded from the main account and other accounts, and liquidation in one account does not affect collateral held in others Has Native Collateral: No native stablecoin or LST is issued for primary margin collateral (USDC is the standard collateral asset). However, deposited VTF (Vault Traded Fund) LP shares can themselves be used as cross-margin collateral per docs, functioning as a native yield-bearing collateral instrument. Zero-Fee Promotion: Yes — currently active and, per docs, structural rather than a time-limited promo: 'Retail Takers and Makers have 0% fees on all products: Perps, Spot and Options.' Confirmed live via the BTC-USD-PERP order ticket ('Fees (Retail): 0% Fees') and a site-wide banner ('ZERO fees on ALL Markets!') on every page visited, covering all market categories (Futures, Spot, Options, and the new TradFi commodities/equities markets).
| Maker Fee | Taker Fee |
|---|---|
| 0.0050% | 0.0300% |