| FEATURE | GRVT | PARADEX |
|---|---|---|
| Type | HYBRID | HYBRID |
| Taker Fee | 0.045% | 0% |
| Maker Fee | -0.0001% | 0% |
| Max Leverage | 50x | 50x |
| Perp Pairs | 168 | 76 |
| Spot Trading | No | Yes |
| KYC Required | No | No |
| Rating | 4.5 | 4.5 |
GRVT
PROS
- + Negative maker fees across all nine tiers, from -0.0001% at Level 1 to -0.003% at Level 9 — makers earn rebates instead of paying to provide liquidity
- + Self-custodial with optional KYC — users can sign up with only an email and trade without identity verification while keeping full control of funds
- + Around 168 perpetual markets spanning crypto and real-world assets, including gold (XAU), oil (WTI), and equities like Tesla, with up to 50x leverage on BTC
CONS
- − Only USDT and USDC accepted as collateral — no BTC, ETH, or multi-collateral margin support
- − Spot and options markets are not yet live — the platform is perpetuals-only, and even gold and stock exposure is traded via perps
- − KYC is still required to claim the upcoming $GRVT airdrop tokens at TGE and to lift the 50,000 USDT/day bridge withdrawal limit
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 GRVT or Paradex better?
Both exchanges are rated 4.5. Paradex offers lower fees (0% vs 0.045%). Choose GRVT for its features, and Paradex for lower fees.
What are the fees on GRVT vs Paradex?
GRVT charges 0.045% taker / -0.0001% maker. Paradex charges 0% taker / 0% maker for perpetuals.