| FEATURE | PARADEX | GRVT |
|---|---|---|
| Type | HYBRID | HYBRID |
| Taker Fee | 0% | 0.045% |
| Maker Fee | 0% | -0.0001% |
| Max Leverage | 50x | 50x |
| Perp Pairs | 600 | 96 |
| Spot Trading | Yes | No |
| KYC Required | No | Yes |
| Rating | 4.5 | 4.5 |
Paradex
PROS
- + Zero trading fees for retail users — both maker and taker — on 100+ perpetual futures markets, with pro taker fees at just 0.02%
- + Privacy-preserving trading via zk-encryption hides positions, entries, exits, and PnL from public view, preventing MEV and liquidation sniping
- + 600+ markets spanning perpetual futures, perpetual options, and spot — roughly triple the next competitor's roster
CONS
- − USDC-only collateral — no multi-collateral support, limiting flexibility for traders holding other assets
- − Restricted for US persons, Canadian persons, and sanctioned jurisdictions — VPN usage explicitly prohibited in Terms of Service
- − Minimum order size of $500 on BTC, ETH, and SOL perpetuals ($200 on other markets), higher than many competitors
GRVT
PROS
- + Negative maker fees across all tiers, starting at -0.0001% at Level 1 and reaching -0.003% at Level 9 — traders earn rebates for providing liquidity
- + Sub-millisecond execution with up to 600,000 TPS on custom ZKsync Validium appchain, rivaling centralized exchange performance
- + Non-custodial smart account wallet eliminates counterparty risk — all settlements verified onchain via zero-knowledge proofs on Ethereum L1
CONS
- − KYC required via ComplyCube (document verification + biometrics) — unlike most DEXs, anonymous trading is not possible
- − Only USDT as trading collateral — no multi-collateral support with BTC, ETH, or stablecoins like USDC yet
- − Restricted in 9 jurisdictions including the US, Singapore, Hong Kong, Cuba, Iran, and North Korea
Frequently Asked Questions
Is Paradex or GRVT better?
Both exchanges are rated 4.5. Paradex offers lower fees (0% vs 0.045%). Choose Paradex for lower fees, and GRVT for its features.
What are the fees on Paradex vs GRVT?
Paradex charges 0% taker / 0% maker. GRVT charges 0.045% taker / -0.0001% maker for perpetuals.