| FEATURE | EVEDEX | PARADEX |
|---|---|---|
| Type | HYBRID | HYBRID |
| Taker Fee | 0.045% | 0% |
| Maker Fee | 0.015% | 0% |
| Max Leverage | 100x | 50x |
| Perp Pairs | 48 | 76 |
| 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 roughly $0.01 on-chain 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 and settle on-chain, eliminating exchange counterparty risk
CONS
- − Perpetual-futures only (around 48 pairs) — no spot or options markets
- − Only USDT accepted as collateral — no multi-collateral support for diversified margin
- − Liquidity and open interest are a fraction of market leaders (TVL near $1.9M), so large positions can face slippage
Paradex
PROS
- + Zero trading fees for retail users — 0% maker and 0% taker — across all 76 perpetual futures markets; professional and API takers pay just 0.02%
- + Privacy-preserving trading via zk-encrypted accounts hides positions, entries, exits, and PnL from public view, preventing MEV and liquidation sniping
- + 2,200+ markets from one unified USDC account: 76 crypto and RWA perps (including GOOGL, MSTR, silver, and oil), 2,100+ options, and spot
CONS
- − USDC-only collateral — no multi-collateral support, limiting flexibility for traders holding other assets
- − Restricted for US and Canadian persons and sanctioned jurisdictions; VPN circumvention is explicitly prohibited in the Terms of Service
- − Spot trading is limited to just two pairs (ETH and DIME) — the venue is overwhelmingly perps- and options-focused
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.