| FEATURE | STANDX | PARADEX |
|---|---|---|
| Type | DEX | HYBRID |
| Taker Fee | 0.04% | 0% |
| Maker Fee | 0.01% | 0% |
| Max Leverage | 40x | 50x |
| Perp Pairs | 13 | 63 |
| Spot Trading | No | Yes |
| KYC Required | No | No |
| Rating | 3.5 | 4.5 |
StandX vs Paradex: key differences
Opening and closing a $10,000 position with market orders costs $0 on Paradex and $8.00 on StandX at base-tier taker fees, a difference of $8.00 per round trip.
For limit orders, StandX charges makers 0.01%, while Paradex charges makers nothing.
Paradex allows up to 50x leverage against 40x on StandX. The headline figure usually applies to a few markets only, so check the limit on the pair you trade.
Paradex lists 63 perpetual markets, StandX lists 13.
Paradex also has spot trading; StandX is perpetuals only.
StandX is the more liquid venue, with $322M in 24-hour volume against $6M on Paradex (about 54 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 DUSD on StandX and in USDC on Paradex.
Figures as of 2026-10-04, from each exchange's documentation, CoinGecko and DeFiLlama.
Costs, liquidity and safety in detail
| StandX | Paradex | |
|---|---|---|
| Taker round trip on $10,000 | $8.00 | $0 |
| Maker round trip on $10,000 | $2.00 | $0 |
| Best-tier taker fee | 0.04% | 0% |
| BTC max leverage | 40x | 50x |
| Margin modes | cross, isolated | cross, isolated, portfolio |
| 24h volume | $322M | $6M |
| TVL | $26M | $32M |
| Custody | hybrid | hybrid |
| Collateral | DUSD | USDC |
| Deposit networks | BNB Chain, Solana | Ethereum, Starknet, Arbitrum +19 more |
| Minimum order | — | $10 |
| Order types | 7 | 11 |
| Options | No | Yes |
| Mobile app | No | Yes |
| Testnet or demo | No | Yes |
| Vaults or copy trading | No | Yes |
| Insurance fund | Yes | Yes |
| Audited | Yes | Yes |
| Restricted jurisdictions | 35 | 19 |
| Founded | 2024 | 2023 |
Choose StandX if
- You trade size and need liquidity: $322M in 24-hour volume against $6M.
Choose Paradex if
- You mostly use market orders: 0% taker fee against 0.04% on StandX.
- You place limit orders: 0% maker fee against 0.01% on StandX.
- You want higher leverage: up to 50x against 40x.
- You trade smaller or newer markets: 63 perpetual pairs against 13.
- You want spot and perpetuals in one account.
- You trade options as well as perpetuals.
StandX
PROS
- + Flat fees of 0.01% maker and 0.04% taker on all 13 markets, confirmed by both the StandX fee page and the public API
- + Margin is held in DUSD, which earns yield from staking and funding payments while it sits in the Perps Wallet, with no staking step
- + Up to 40x leverage on BTC, ETH, gold (XAU), silver (XAG), and crude oil (CL), with cross and isolated margin modes
CONS
- − Only 13 perpetual markets as of October 4, 2026, and no spot trading
- − DUSD is the only collateral, and redeeming it for USDT or USDC through StandX has a 7-day lock and a protocol fee; the faster exit is a swap on PancakeSwap or Raydium at the market price
- − 24-hour volume of about 322 million dollars against open interest of about 44 million dollars (CoinGecko, October 4, 2026) is a ratio above 7 to 1 while a points program rewards trading, and the StandX docs still cite roughly 700 million dollars of daily volume
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
Frequently Asked Questions
Is StandX or Paradex better?
Paradex has a higher rating (4.5 vs 3.5). Paradex offers lower fees (0% vs 0.04%). Choose StandX for its features, and Paradex for lower fees.
What are the fees on StandX vs Paradex?
StandX charges 0.04% taker / 0.01% maker. Paradex charges 0% taker / 0% maker for perpetuals.
Which has higher leverage, StandX or Paradex?
StandX offers up to 40x, and Paradex offers up to 50x. Maximum leverage applies to selected markets and falls as position size grows on both exchanges.
Do StandX and Paradex require KYC?
StandX does not require KYC. Paradex does not require KYC. Both restrict some jurisdictions (StandX lists 35; Paradex lists 19), so check the terms of service for your country before depositing.
Is StandX or Paradex safer?
StandX has been audited and runs an insurance fund, and custody is hybrid. Paradex has been audited and runs an insurance fund, and custody is hybrid. Neither audits nor insurance funds remove smart contract risk, so size deposits accordingly.
Which has more trading volume, StandX or Paradex?
StandX recorded $322M in 24-hour volume and Paradex recorded $6M, as of 2026-10-04. StandX lists 13 perpetual markets and Paradex lists 63.