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Paradex

DEXRank #57

Launched: 2023-07-31

Volume 24h
$13.97M
Volume 7d
$97.80M
Volume 30d
$419.13M
Vol. Change 24h
—
Trading Pairs
80
Coins Listed
80
Monthly Visits
—
Weekly Visits
—
Best Referral Code
N/A
Liquidity (24h)
N/A
Traffic Score
N/A
Maker / Taker Fee
N/A

Paradex Trading Volume History

Daily 24h volume snapshots collected by DEXCEX

$25.15M$19.79M$14.43M$9.07MApr 23Apr 26Apr 28
Latest
$13.97M
Avg
$16.06M
Range
$10.41M – $23.81M
Period change
-41.32%

Tags

DerivativesDEXOrder book ExchangeAuto Order Book Exchange

Top trading pairs on Paradex

Showing top 15 of 79 live pairs by 24h trading volume.

#PairPrice
1
BTC/USD
$76,194.48
2
ETH/USD
$2,291.52
3
XRP/USD
$1.3813
4
HYPE/USD
$39.6447
5
SOL/USD
$83.7871
6
PAXG/USD
$4,592.54
7
LDO/USD
$0.389142
8
BNB/USD
$624.0280
9
PENGU/USD
$0.010047
10
XAG/USD
$72.8113
11
ZORA/USD
$0.013258
12
ZEC/USD
$335.1534
13
ENA/USD
$0.106566
14
MON/USD
$0.028330
15
STRK/USD
$0.038724

About Paradex

Paradex is a decentralized exchange (DEX) for trading cryptocurrencies. The platform was launched on 2023-07-31. It processes approximately $13.97M in daily trading volume. Traders can access 80 trading pairs across 80 listed cryptocurrencies.

As a decentralized exchange, it allows users to trade directly from their wallets without depositing funds to a centralized platform, providing greater security and self-custody of assets. Paradex is currently ranked #57 in the DEX ranking on DEXCEX.

Paradex in the DEX Ranking on dexcex.io

Paradex is tracked in the DEX Ranking on dexcex.io alongside every other major decentralized exchange. It currently sits at #57 in our DEX Ranking based on DEX volume, liquidity and supported pairs.

Compare Paradex's DEX volume against other top venues in the DEX Ranking on dexcex.io, then cross-check the largest tokens it lists in our crypto rankings to see where on-chain activity is concentrated.

dexcex.io combines the DEX Ranking, the CEX Ranking and full crypto rankings in one portal, so you can move from this Paradex profile straight into the broader market context without leaving the site.

Frequently Asked Questions about Paradex

What is Paradex and is it a DEX or CEX?
Paradex is a decentralized exchange (DEX), launched on 2023-07-31. As a DEX, it uses smart contracts and automated market makers (AMMs) to facilitate peer-to-peer trading without intermediaries.
How does Paradex work?
Paradex operates as a decentralized exchange where trades are executed via smart contracts on the blockchain. Users connect their crypto wallets (such as MetaMask, Phantom, or Trust Wallet) directly to the platform and swap tokens without depositing funds to a centralized entity. The platform currently supports 80 trading pairs. Transactions are settled on-chain, ensuring full transparency and user custody of assets at all times.
How does Paradex differ from other decentralized exchanges?
Paradex distinguishes itself among DEXs with a 24-hour trading volume of $13.97M. It is currently ranked #57 among DEX platforms on DEXCEX. Key differentiating factors for DEXs include the underlying blockchain, supported token standards, liquidity depth, trading fees, and whether the platform uses an AMM model or an on-chain order book.
What is Paradex's 24h trading volume?
Paradex currently has a 24-hour trading volume of $13.97M. The 7-day volume is $97.80M and the 30-day volume is $419.13M. DEX volume is a key indicator of exchange liquidity and activity.
How many trading pairs does Paradex support?
Paradex currently supports 80 trading pairs across 80 listed coins. More trading pairs generally means more options for traders to diversify their crypto portfolio.
What are Paradex's trading fees?
Detailed fee information for Paradex may vary by trading pair and user tier. Check the exchange's official fee schedule for the most up-to-date rates.
Where does Paradex rank among DEX exchanges?
Paradex is ranked #57 in the DEX ranking on DEXCEX based on trading volume, liquidity score and other key metrics.
What is the difference between a DEX and a CEX?
A DEX (decentralized exchange) lets users trade crypto directly from their wallets via smart contracts — there is no central authority holding funds. A CEX (centralized exchange) acts as a middleman, holding user deposits and matching orders through a centralized order book. DEXs offer self-custody and transparency, while CEXs typically provide faster execution, fiat on-ramps, and more advanced trading products. Paradex is a DEX, meaning users retain custody of their assets.
How much web traffic does Paradex receive?
Web traffic data for Paradex is currently not available. Visit DEXCEX regularly for updated exchange statistics and DEX ranking data.
What is Paradex's liquidity score?
The liquidity score for Paradex is currently not available. Liquidity is a critical factor for trade execution quality and is factored into DEX rankings on DEXCEX.
Is Paradex safe to use for crypto trading?
Paradex is listed on DEXCEX. As a decentralized exchange, users maintain custody of their own funds through non-custodial wallets. Always verify smart contract addresses and use hardware wallets for large trades. DEXCEX provides data and rankings but does not endorse any specific exchange.