| FEATURE | EVEDEX | PARADEX |
|---|---|---|
| Type | HYBRID | HYBRID |
| Taker Fee | 0.045% | 0% |
| Maker Fee | 0.015% | 0% |
| Max Leverage | 100x | 50x |
| Perp Pairs | 15 | 600 |
| Spot Trading | No | Yes |
| KYC Required | No | No |
| Rating | 3.9 | 4.5 |
EVEDEX
PROS
- + Zero blockchain gas fees for trading — orders matched off-chain on Eventum L3 with ~$0.01 settlement costs
- + Up to 100x leverage on BTC and major perpetual pairs with competitive 0.045% taker / 0.015% maker base fees
- + Non-custodial: funds remain in user-controlled smart contracts, eliminating counterparty risk
CONS
- − Limited to ~15 perpetual futures pairs (BTC, ETH, SOL, XRP, LTC, LINK, DOGE, and others) — no spot or options trading yet
- − Only USDT accepted as collateral — no multi-collateral support for diversified margin
- − Relatively new platform launched in August 2025 — smaller track record compared to established DEXs
Paradex
PROS
- + Zero trading fees for retail users — both maker and taker — on 100+ perpetual futures markets, with pro taker fees at just 0.02%
- + Privacy-preserving trading via zk-encryption hides positions, entries, exits, and PnL from public view, preventing MEV and liquidation sniping
- + 600+ markets spanning perpetual futures, perpetual options, and spot — roughly triple the next competitor's roster
CONS
- − USDC-only collateral — no multi-collateral support, limiting flexibility for traders holding other assets
- − Restricted for US persons, Canadian persons, and sanctioned jurisdictions — VPN usage explicitly prohibited in Terms of Service
- − Minimum order size of $500 on BTC, ETH, and SOL perpetuals ($200 on other markets), higher than many competitors
Frequently Asked Questions
Is EVEDEX or Paradex better?
Paradex has a higher rating (4.5 vs 3.9). Paradex offers lower fees (0% vs 0.045%). Choose EVEDEX for higher leverage, and Paradex for lower fees.
What are the fees on EVEDEX vs Paradex?
EVEDEX charges 0.045% taker / 0.015% maker. Paradex charges 0% taker / 0% maker for perpetuals.