| FEATURE | PARADEX | EDGEX |
|---|---|---|
| Type | HYBRID | DEX |
| Taker Fee | 0% | 0.045% |
| Maker Fee | 0% | 0.04% |
| Max Leverage | 50x | 100x |
| Perp Pairs | 63 | 182 |
| Spot Trading | Yes | Yes |
| KYC Required | No | No |
| Rating | 4.5 | 4.2 |
Paradex vs edgeX: key differences
Opening and closing a $10,000 position with market orders costs $0 on Paradex and $9.00 on edgeX at base-tier taker fees, a difference of $9.00 per round trip.
For limit orders, Paradex charges makers nothing, while edgeX charges makers 0.04%.
edgeX allows up to 100x leverage against 50x on Paradex. The headline figure usually applies to a few markets only, so check the limit on the pair you trade.
edgeX lists 182 perpetual markets, Paradex lists 63.
edgeX is the more liquid venue, with $293M in 24-hour volume against $6M on Paradex (about 49 times more). Deeper books mean less slippage on large orders.
Neither exchange requires KYC: both are used by connecting a wallet.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| Paradex | edgeX | |
|---|---|---|
| Taker round trip on $10,000 | $0 | $9.00 |
| Maker round trip on $10,000 | $0 | $8.00 |
| Best-tier taker fee | 0% | 0.02% |
| BTC max leverage | 50x | 100x |
| Margin modes | cross, isolated, portfolio | cross, isolated |
| 24h volume | $6M | $293M |
| TVL | $32M | $61M |
| Custody | hybrid | non-custodial |
| Collateral | USDC | USDC |
| Deposit networks | Ethereum, Starknet, Arbitrum +19 more | Ethereum, Arbitrum, Base +5 more |
| Minimum order | $10 | — |
| Order types | 11 | 12 |
| Options | Yes | No |
| 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 | 10 |
| Founded | 2023 | 2023 |
Choose Paradex if
- You mostly use market orders: 0% taker fee against 0.045% on edgeX.
- You place limit orders: 0% maker fee against 0.04% on edgeX.
- You trade options as well as perpetuals.
Choose edgeX if
- You want higher leverage: up to 100x against 50x.
- You trade smaller or newer markets: 182 perpetual pairs against 63.
- You trade size and need liquidity: $293M in 24-hour volume against $6M.
- You want a sign-up discount: 12% 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
edgeX
PROS
- + 182 perpetual markets in one USDC-margined account, including 98 stock and ETF perpetuals, commodities (gold, silver, crude oil, natural gas) and FX pairs such as USD/JPY and EUR/USD
- + Up to 100x leverage on BTC and ETH and 75x on SOL, with cross and isolated margin modes
- + No KYC required: connect an EVM wallet or sign in by email, and referred users get a 12% trading fee discount
CONS
- − Base perpetual fees of 0.040% maker and 0.045% taker are higher than the 0.012% maker and 0.038% taker edgeX charged on V1, and VIP 1 requires 10 million dollars in 14-day volume
- − USDC is the only margin asset, with no multi-collateral support
- − Restricted in the US, Canada, Cuba, Iran, North Korea, Syria, Myanmar and Crimea, Donetsk and Luhansk, and the terms prohibit using a VPN to bypass the block
Frequently Asked Questions
Is Paradex or edgeX better?
Paradex has a higher rating (4.5 vs 4.2). Paradex offers lower fees (0% vs 0.045%). Choose Paradex for lower fees, and edgeX for higher leverage.
What are the fees on Paradex vs edgeX?
Paradex charges 0% taker / 0% maker. edgeX charges 0.045% taker / 0.04% maker for perpetuals.
Which has higher leverage, Paradex or edgeX?
Paradex offers up to 50x, and edgeX offers up to 100x. Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do Paradex and edgeX require KYC?
Paradex does not require KYC. edgeX does not require KYC. Both restrict some jurisdictions (Paradex lists 19; edgeX lists 10), so check the terms of service for your country before depositing.
Is Paradex or edgeX safer?
Paradex has been audited and runs an insurance fund, and custody is hybrid. edgeX 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 edgeX?
Paradex recorded $6M in 24-hour volume and edgeX recorded $293M, as of 2026-10-04. Paradex lists 63 perpetual markets and edgeX lists 182.