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PParadex
A zero-fee, privacy-focused perp DEX on Starknet — the only production venue with position confidentiality.
Perp CLOB DEXPrivate perp (Starknet)Starknet appchainSince 2023
- Type
- Private perp (Starknet)
- How it works
- A Starknet appchain incubated by Paradigm, offering zero trading fees and — uniquely — confidential positions, targeting institutional traders who don’t want their book public.
- Chain
- Starknet appchain
- Scale*
- ~$30B · zero-fee
- Max leverage
- high
- Best for
- Private, zero-fee institutional perps
- Highlight
- Incubated by Paradigm
* Volume/TVL is a dated snapshot (DefiLlama + venue reports, 2026), not live.
Strengths
- Zero trading fees
- Only venue with position privacy
- Institutional-grade, Paradigm-backed
- Starknet scalability
Trade-offs & risk
- No token yet
- Smaller retail mindshare
- Leverage risk
Open Paradex →
Listed for comparison as of June 2026 — not an endorsement. Perps are high-risk leveraged products; DYOR. Not financial advice.
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