Aevo vs Paradex

Aevo leads on 3 of 5 shared benchmarks, Paradex on 2. Aevo wins on Most tradable markets on a perp DEX, live count per venue (238 vs 66), Perp DEX capital efficiency (16 vs 2), Perp DEX volume to open interest (0.124x vs 0.700x). Paradex wins on Perp DEX volume share, live 24h notional ranked ($9.23M vs $3.01M), Perp DEX daily volume 2026 ($11.33M vs $3.60M). Data as of 2026-10-10 UTC.

Read methodology Last measured Window: rolling 24h5 shared benchmarks
Aevo logo
Aevo

OP Stack perp DEX with deep options support, event-driven flow.

Paradex logo
Paradex

Paradex is a perps-focused L2 exchange built on Starknet tech, with USD-settled perpetuals and funding accrued continuously over an 8 hour period.

Daily perp volume, head to head

Perpetual notional per closed UTC day, the DeFiLlama day buckets, read from each venue's own data. Ribbon under the bars marks which venue printed more that day.

Bench 266, all venues

7d lead

Paradex

$20.9M vs $78.7M

30d lead

Paradex

$119M vs $337M

Days led, last 30

2 / 28

Aevo / Paradex

Current streak

23 days

Paradex since Sep 17, 2026

AevoParadex

UTC days, one side per trade

013M25M38M50MJul 12Oct 9lead

Aevo volume ÷ Paradex volume, week by week

The ratio of the two venues' seven-day perp volume, in percent; a window is shown only when both sides have every day closed. 100% is parity. The dashed line is the median of the weeks shown; the last window is the 7d tile above.

26.6% · week to 9 Oct · median 27.3%

Aevo ÷ Paradex, seven-day windows ending on the last closed day

0%50%100%median 27%26 Jun10 Jul24 Jul7 Aug21 Aug4 Sep18 Sep2 Oct9 Oct

3 Oct to 9 Oct

Aevo ÷ Paradex26.6%
vs median-0.6pt
= Aevo volume$20.9M
÷ Paradex volume$78.7M
WindowAevoParadexAevo / Paradex
Last closed day (Oct 9, 2026)$3.6M$11.3M32%
Last 7 days$20.9M$78.7M27%
Last 30 days$119M$337M35%

Sources: Aevo, Aevo /statistics PERPETUAL daily_volume per UTC day. Paradex, Paradex public Metabase daily card, PERP_VOLUME column (perps only, options and spot excluded). Days where either venue has not closed are left blank rather than counted as zero. Last closed day common to both: Oct 9, 2026. Methodology and every venue on bench 266.

Side by side measurements

Perp DEX capital efficiency: active markets per $M TVL, live

Trading

Aevo

Leads

16

p99
16
rank
#3
samples
2,880

Paradex

Trails

2

p99
2
rank
#8
samples
2,880
Markets per $M TVL
Aevon/aParadexn/a

TVL from DefiLlama /protocol/{slug} currentChainTvls, excluding staking and pool2 categories. Market count from each venue's native API (same source as the perp-active-markets bench). The ratio reflects architectural choices, not absolute liquidity: a high ratio means the venue can list many markets cheaply, not that each market has deep liquidity. Compare with perp-volume-share for the liquidity angle.

Rolling 24h · Markets per $M TVLRaw JSON

Perp DEX daily volume 2026: Hyperliquid, Aster, Lighter, GMX, Gains, dYdX by UTC day, backfilled

Trading
ProviderDaily perp volumeVolume 30dShare 30d
Aevo$3.60M$119.46M0.032%
Paradex$11.33M$337.34M0.089%
View
Aevon/aParadexn/a

Volume is self-reported by each venue's public data surface and counted per UTC day, one side of each trade. Perimeters differ slightly per venue and are stated in the ledger notes. A closed day can be restated by a venue for one to two days; the harness re-reads the last three days every hour. Not a measure of organic flow: incentive programs and wash trading inflate notional on every venue.

Rolling 24h · Daily perp volumeRaw JSON

Perp DEX volume to open interest: 24h turnover per dollar of OI, live

Trading

Aevo

Leads

0.124x

p99
0.158x
rank
#1
samples
2,880

Paradex

Trails

0.700x

p99
1.111x
rank
#6
samples
2,880
Volume / OI (24h)
Aevon/aParadexn/a

The ratio is a screen, not a verdict. Both terms are the venue's own figures (24h volume and open interest as each API reports them, in USD), so a venue that counts both legs of a fill moves its ratio without changing anything real. A very low ratio (Ostium, 0.2x) means positions held for days on thin daily volume; a very high one (Kalshi, above 40x) means a day of trading dwarfs what stays open. The bands in the methodology say what each range usually means.

Rolling 24h · Volume / OI (24h)Raw JSON

Frequently asked questions

Aevo vs Paradex: which one is better?

Aevo and Paradex are compared on 5 shared OpenChainBench benchmarks. Aevo leads on Most tradable markets on a perp DEX, live count per venue. Paradex leads on Perp DEX volume share, live 24h notional ranked. See the live table on this page for every metric.

Which has the higher active markets, Aevo or Paradex?

On the Most tradable markets on a perp DEX, live count per venue benchmark, Aevo leads at 238 versus Paradex at 66. Live measurement is updated continuously by the OpenChainBench harness.

Which has the higher 24h perp volume, Aevo or Paradex?

On the Perp DEX volume share, live 24h notional ranked benchmark, Paradex leads at $9.23M versus Aevo at $3.01M. Live measurement is updated continuously by the OpenChainBench harness.

How is the Aevo vs Paradex comparison measured?

Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.

How this pair was selected

Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing; panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.

Live data refreshes via ISR within 60 seconds of a new run. Sources are the same Prometheus queries surfaced on the parent benchmark pages.