Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL
Trading| Provider | All-in cost | All-in at $100k | All-in at $1M |
|---|---|---|---|
| edgeX | 0.038% | 0.050% | 0.051% |
| Paradex | 0.66% | 0.041% | 1.66% |
edgeX leads on all 5 live benchmarks. edgeX wins on Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL (0.038% vs 0.66%), Best DEX for a $BOT market order, live slippage ranked (0.00063% vs 1.50%), Most tradable markets on a perp DEX, live count per venue (284 vs 63), Perp DEX capital efficiency (4 vs 3).
zkSync-based perp DEX with low taker fees and a documented public REST API.
Paradex is a perps-focused L2 exchange built on Starknet tech, with USD-settled perpetuals and funding accrued continuously over an 8 hour period.
| Provider | All-in cost | All-in at $100k | All-in at $1M |
|---|---|---|---|
| edgeX | 0.038% | 0.050% | 0.051% |
| Paradex | 0.66% | 0.041% | 1.66% |
edgeX
Leads0.00063 %
Paradex
Trails1.50 %
edgeX
Leads284
Paradex
Trails63
edgeX
Leads4
Paradex
Trails3
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.
| Provider | P/F ratio | FDV / fees | Fees 30d | Float | Open interest | Fees / OI |
|---|---|---|---|---|---|---|
| edgeX | 3.50x | 10.0x | $5.02M | 35.0% | $639.17M | 0.096x |
| Paradex | 94.7x | 141.7x | $31.0K | 66.8% | $12.30M | 0.031x |
P/F = circulating market cap (CoinGecko) / annualized fees (DeFiLlama dailyFees, trailing 30d x 365/30), on the DeFiLlama parent the token accrues from. Fees include the share paid to liquidity providers; P/S uses protocol revenue only. Low-float tokens show a much higher FDV/F than P/F. Pre-TGE venues are listed unranked with fees and OI, no ratio. A low multiple is not a recommendation.
edgeX and Paradex are compared on 5 shared OpenChainBench benchmarks. edgeX leads on Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL. See the live table on this page for every metric.
On the Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL benchmark, edgeX leads at 0.038% versus Paradex at 0.66%. Live measurement is updated continuously by the OpenChainBench harness.
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.
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.