| FEATURE | PARADEX | AEVO |
|---|---|---|
| Type | HYBRID | DEX |
| Taker Fee | 0% | 0.08% |
| Maker Fee | 0% | 0.05% |
| Max Leverage | 50x | 20x |
| Perp Pairs | 63 | 102 |
| Spot Trading | Yes | No |
| KYC Required | No | No |
| Rating | 4.5 | 4.2 |
Paradex vs Aevo: key differences
Opening and closing a $10,000 position with market orders costs $0 on Paradex and $16.00 on Aevo at base-tier taker fees, a difference of $16.00 per round trip.
For limit orders, Paradex charges makers nothing, while Aevo charges makers 0.05%.
Paradex allows up to 50x leverage against 20x on Aevo. The headline figure usually applies to a few markets only, so check the limit on the pair you trade.
Aevo lists 102 perpetual markets, Paradex lists 63.
Paradex also has spot trading; Aevo is perpetuals only.
Paradex is the more liquid venue, with $6M in 24-hour volume against $2M on Aevo (about 3.0 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 USDC on Paradex and in USDC, USDT, aeUSD, ETH +2 more on Aevo.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| Paradex | Aevo | |
|---|---|---|
| Taker round trip on $10,000 | $0 | $16.00 |
| Maker round trip on $10,000 | $0 | $10.00 |
| Best-tier taker fee | 0% | 0.064% |
| BTC max leverage | 50x | 20x |
| Margin modes | cross, isolated, portfolio | cross, isolated |
| 24h volume | $6M | $2M |
| TVL | $32M | $15M |
| Custody | hybrid | non-custodial |
| Collateral | USDC | USDC, USDT, aeUSD, ETH +2 more |
| Deposit networks | Ethereum, Starknet, Arbitrum +19 more | Ethereum, Arbitrum, Base +1 more |
| Minimum order | $10 | $10 |
| Order types | 11 | 7 |
| Options | Yes | Yes |
| Mobile app | Yes | Yes |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | Yes | No |
| Insurance fund | Yes | Yes |
| Audited | Yes | Yes |
| Restricted jurisdictions | 19 | 18 |
| Founded | 2023 | 2022 |
Choose Paradex if
- You mostly use market orders: 0% taker fee against 0.08% on Aevo.
- You place limit orders: 0% maker fee against 0.05% on Aevo.
- You want higher leverage: up to 50x against 20x.
- You trade size and need liquidity: $6M in 24-hour volume against $2M.
- You want spot and perpetuals in one account.
Choose Aevo if
- You trade smaller or newer markets: 102 perpetual pairs against 63.
- You want to post margin in more than one asset.
- You want a sign-up discount: 10% off fees through a referral link.
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
Aevo
PROS
- + Options order book on BTC, ETH, SOL and HYPE next to 102 perpetual markets, all under one margin account with optional portfolio margin
- + 47 real-world asset perpetuals (US stocks, ETFs, gold, silver, oil, FX and pre-IPO names such as OpenAI) in addition to 55 crypto pairs
- + No KYC: trading starts after connecting an EVM wallet, and the exchange is non-custodial with settlement on the Aevo rollup
CONS
- − Maximum 20x leverage, and only on BTC, ETH, SOL, HYPE and ZEC; the other 97 perpetual markets are capped at 10x or 3x, far below GMX (100x) or Avantis (500x)
- − Base perpetual fees of 0.08% taker and 0.05% maker are higher than on Hyperliquid (0.045% taker), and makers pay a fee instead of getting a rebate
- − Low liquidity: about 2 million dollars of 24h perpetual volume and about 15 million dollars of TVL, which means thin order books on smaller pairs
Frequently Asked Questions
Is Paradex or Aevo better?
Paradex has a higher rating (4.5 vs 4.2). Paradex offers lower fees (0% vs 0.08%). Choose Paradex for lower fees, and Aevo for its features.
What are the fees on Paradex vs Aevo?
Paradex charges 0% taker / 0% maker. Aevo charges 0.08% taker / 0.05% maker for perpetuals.
Which has higher leverage, Paradex or Aevo?
Paradex offers up to 50x, and Aevo offers up to 20x. Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do Paradex and Aevo require KYC?
Paradex does not require KYC. Aevo does not require KYC. Both restrict some jurisdictions (Paradex lists 19; Aevo lists 18), so check the terms of service for your country before depositing.
Is Paradex or Aevo safer?
Paradex has been audited and runs an insurance fund, and custody is hybrid. Aevo has been audited and runs an insurance fund, and custody is non-custodial. Neither audits nor insurance funds remove smart contract risk, so size deposits accordingly.
Which has more trading volume, Paradex or Aevo?
Paradex recorded $6M in 24-hour volume and Aevo recorded $2M, as of 2026-10-04. Paradex lists 63 perpetual markets and Aevo lists 102.