| FEATURE | PARADEX | EXTENDED |
|---|---|---|
| Type | HYBRID | DEX |
| Taker Fee | 0% | 0.025% |
| Maker Fee | 0% | 0% |
| Max Leverage | 50x | 100x |
| Perp Pairs | 63 | 326 |
| Spot Trading | Yes | Yes |
| KYC Required | No | No |
| Rating | 4.5 | 4.1 |
Paradex vs Extended: key differences
Opening and closing a $10,000 position with market orders costs $0 on Paradex and $5.00 on Extended at base-tier taker fees, a difference of $5.00 per round trip.
Extended 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.
Extended lists 326 perpetual markets, Paradex lists 63.
Extended is the more liquid venue, with $181M in 24-hour volume against $6M on Paradex (about 30 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, wBTC, ETH +1 more on Extended.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| Paradex | Extended | |
|---|---|---|
| Taker round trip on $10,000 | $0 | $5.00 |
| Maker round trip on $10,000 | $0 | $0 |
| Best-tier taker fee | 0% | 0.025% |
| BTC max leverage | 50x | 50x |
| Margin modes | cross, isolated, portfolio | cross, isolated |
| 24h volume | $6M | $181M |
| TVL | $32M | $122M |
| Custody | hybrid | non-custodial |
| Collateral | USDC | USDC, USDT, wBTC, ETH +1 more |
| Deposit networks | Ethereum, Starknet, Arbitrum +19 more | Starknet, Ethereum, Arbitrum +5 more |
| Minimum order | $10 | $10 |
| Order types | 11 | 7 |
| Options | Yes | No |
| Mobile app | Yes | No |
| Testnet or demo | Yes | Yes |
| Vaults or copy trading | Yes | No |
| Insurance fund | Yes | Yes |
| Audited | Yes | Yes |
| Restricted jurisdictions | 19 | 13 |
| Founded | 2023 | 2024 |
Choose Paradex if
- You mostly use market orders: 0% taker fee against 0.025% on Extended.
- You trade options as well as perpetuals.
- You trade from a phone: Paradex has a mobile app.
Choose Extended if
- You want higher leverage: up to 100x against 50x.
- You trade smaller or newer markets: 326 perpetual pairs against 63.
- You trade size and need liquidity: $181M in 24-hour volume against $6M.
- 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
Extended
PROS
- + 326 active perpetual markets: 195 crypto and 131 real-world asset markets, including 112 equities plus gold, oil, FX and stock indices
- + 0% maker fee and 0.025% taker fee on crypto markets, 0.010% taker fee on RWA markets, and maker rebates up to 0.010% for a 30-day market share of 5% or more
- + Multi-asset collateral: USDC counts at 100% of its value toward margin, USDT at 95%, and wBTC, ETH and XVS vault shares at 90%
CONS
- − Restricted in the United States, United Kingdom, Canada, Russia, Hong Kong, Seychelles and sanctioned countries (Cuba, Iran, North Korea, Syria); the Terms of Use forbid using a VPN to bypass this
- − BTC and ETH leverage is capped at 50x, and the 100x maximum applies only to the EUR/USD market
- − TVL of about 122 million dollars and 24-hour volume of about 181 million dollars are well below the largest perp DEXes, which means less depth for large orders
Frequently Asked Questions
Is Paradex or Extended better?
Paradex has a higher rating (4.5 vs 4.1). Paradex offers lower fees (0% vs 0.025%). Choose Paradex for lower fees, and Extended for higher leverage.
What are the fees on Paradex vs Extended?
Paradex charges 0% taker / 0% maker. Extended charges 0.025% taker / 0% maker for perpetuals.
Which has higher leverage, Paradex or Extended?
Paradex offers up to 50x, and Extended offers up to 100x (50x on BTC). Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do Paradex and Extended require KYC?
Paradex does not require KYC. Extended does not require KYC. Both restrict some jurisdictions (Paradex lists 19; Extended lists 13), so check the terms of service for your country before depositing.
Is Paradex or Extended safer?
Paradex has been audited and runs an insurance fund, and custody is hybrid. Extended 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 Extended?
Paradex recorded $6M in 24-hour volume and Extended recorded $181M, as of 2026-10-04. Paradex lists 63 perpetual markets and Extended lists 326.