Paradex
Paradex is a decentralized cryptocurrency exchange supporting perpetual futures, spot markets, options, and pre-market trading, covering more than 250 trading instruments. It operates on Paradex Chain, a high-performance Layer 2 blockchain, initially developed as the first appchain through a collaboration between Starknet and StarkWare, and powered by customized and optimized Starknet technology, including the continuously evolving Damm Virtual Machine. The platform enables self-custodial trading with institution-grade privacy through a multilayer zero-knowledge system: encrypted state commitments on Ethereum, authenticated 2 Layer chain RPC access, and off-chain order matching, preventing positions, entry and exit prices, liquidation levels, and profit and loss data from being exposed while maintaining on-chain verifiability and settlement.
Overview
Paradex is a decentralized cryptocurrency exchange supporting perpetual futures, spot markets, options, and pre-market trading, covering more than 250 trading instruments. It operates on Paradex Chain, a high-performance Layer 2 blockchain, initially developed as the first appchain through a collaboration between Starknet and StarkWare, and powered by customized and optimized Starknet technology, including the continuously evolving Damm Virtual Machine. The platform enables self-custodial trading with institution-grade privacy through a multilayer zero-knowledge system: encrypted state commitments on Ethereum, authenticated 2 Layer chain RPC access, and off-chain order matching, preventing positions, entry and exit prices, liquidation levels, and profit and loss data from being exposed while maintaining on-chain verifiability and settlement.
- Sector
- # Decentralized exchange
- Ecosystem
- Solana