Paradex
Paradex is a decentralized derivatives exchange where users can trade perpetual futures, options, and spot across 250+ markets on a Starknet-based L2.
What is Paradex?
Paradex is a derivatives DEX incubated by Paradigm, running on a Cairo-native L2 settled with Starknet-style ZK proofs. Users deposit funds and trade perpetual futures, perpetual options, and spot across 250+ markets from a single unified-margin account, with positions and PnL hidden by default via ZK-encrypted accounts. The platform also offers vault strategies for passive yield.
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ExtendedApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
