| FEATURE | EVEDEX | PARADEX |
|---|---|---|
| Type | HYBRID | HYBRID |
| Taker Fee | 0.045% | 0% |
| Maker Fee | 0.015% | 0% |
| Max Leverage | 200x | 50x |
| Perp Pairs | 52 | 63 |
| Spot Trading | No | Yes |
| KYC Required | No | No |
| Rating | 3.9 | 4.5 |
EVEDEX vs Paradex: key differences
Opening and closing a $10,000 position with market orders costs $0 on Paradex and $9.00 on EVEDEX at base-tier taker fees, a difference of $9.00 per round trip.
For limit orders, EVEDEX charges makers 0.015%, while Paradex charges makers nothing.
EVEDEX allows up to 200x leverage against 50x on Paradex. The headline figure usually applies to a few markets only, so check the limit on the pair you trade.
Paradex lists 63 perpetual markets, EVEDEX lists 52.
Paradex also has spot trading; EVEDEX is perpetuals only.
EVEDEX is the more liquid venue, with $709M in 24-hour volume against $6M on Paradex (about 118 times more). Deeper books mean less slippage on large orders.
Neither exchange requires KYC: both are used by connecting a wallet.
Margin is posted in USDT on EVEDEX and in USDC on Paradex.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| EVEDEX | Paradex | |
|---|---|---|
| Taker round trip on $10,000 | $9.00 | $0 |
| Maker round trip on $10,000 | $3.00 | $0 |
| Best-tier taker fee | 0.0225% | 0% |
| BTC max leverage | 200x | 50x |
| Margin modes | cross | cross, isolated, portfolio |
| 24h volume | $709M | $6M |
| TVL | $4M | $32M |
| Custody | non-custodial | hybrid |
| Collateral | USDT | USDC |
| Deposit networks | Arbitrum, Base, Eventum (Arbitrum Orbit L3) +2 more | Ethereum, Starknet, Arbitrum +19 more |
| Minimum order | $5 | $10 |
| Order types | 5 | 11 |
| Options | No | Yes |
| Mobile app | Yes | Yes |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | Yes | Yes |
| Insurance fund | Yes | Yes |
| Audited | Yes | Yes |
| Restricted jurisdictions | 6 | 19 |
| Founded | 2024 | 2023 |
Choose EVEDEX if
- You want higher leverage: up to 200x against 50x.
- You trade size and need liquidity: $709M in 24-hour volume against $6M.
Choose Paradex if
- You mostly use market orders: 0% taker fee against 0.045% on EVEDEX.
- You place limit orders: 0% maker fee against 0.015% on EVEDEX.
- You trade smaller or newer markets: 63 perpetual pairs against 52.
- You want spot and perpetuals in one account.
- You trade options as well as perpetuals.
EVEDEX
PROS
- + No blockchain gas fees for trading: orders are matched off-chain and settled on the Eventum L3, and the minimum order value is 5 USDT
- + Up to 200x leverage on BTC, ETH and SOL perpetuals, with base fees of 0.045% taker and 0.015% maker on all 52 markets
- + Non-custodial: funds sit in user-controlled smart accounts and settle on-chain, and no KYC is required to trade
CONS
- − Perpetual futures only (52 pairs): spot is listed as coming soon and there are no options markets
- − Only USDT is accepted as collateral and only cross margin is available; isolated margin is still described as planned in the docs
- − TVL is about 3.7 million dollars on DeFiLlama, far below the largest perpetual DEXs, so large positions can face slippage
Paradex
PROS
- + Zero trading fees for retail orders (0% maker and 0% taker) on all 63 perpetual futures markets, on dated options, and on spot
- + Private trading: positions, orders, entries, exits, and PnL are encrypted and hidden from other traders, which limits liquidation sniping and front-running
- + 63 perpetual markets beyond crypto, including GOOGL, META, MSFT, and MSTR, the US100 and US500 indices, gold, silver, copper, and crude oil, plus about 6,700 options contracts on 11 underlyings
CONS
- − USDC is the only collateral asset. Spot balances in other tokens count toward account value but cannot be used as margin for perpetuals
- − Not available to US and Canadian persons, residents of US territories, or people in Cuba, Iran, North Korea, Syria, Crimea, Donetsk, Luhansk, and Sevastopol
- − Pro orders sent through the standard API are not free: 0.003% maker since July 3, 2026 and 0.045% taker at the base tier, with a 0.0175% floor after all discounts
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.
Which has higher leverage, EVEDEX or Paradex?
EVEDEX offers up to 200x, and Paradex offers up to 50x. Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do EVEDEX and Paradex require KYC?
EVEDEX does not require KYC. Paradex does not require KYC. Both restrict some jurisdictions (EVEDEX lists 6; Paradex lists 19), so check the terms of service for your country before depositing.
Is EVEDEX or Paradex safer?
EVEDEX has been audited and runs an insurance fund, and custody is non-custodial. Paradex has been audited and runs an insurance fund, and custody is hybrid. Neither audits nor insurance funds remove smart contract risk, so size deposits accordingly.
Which has more trading volume, EVEDEX or Paradex?
EVEDEX recorded $709M in 24-hour volume and Paradex recorded $6M, as of 2026-10-04. EVEDEX lists 52 perpetual markets and Paradex lists 63.