edgeX vs Paradex

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).

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

zkSync-based perp DEX with low taker fees and a documented public REST API.

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.

Side by side measurements

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

Trading

edgeX

Leads

4

p99
4
rank
#5
samples
2,880

Paradex

Trails

3

p99
3
rank
#7
samples
2,880
Markets per $M TVL
edgeXn/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 price to fees ratio 2026: Hyperliquid, Aster, Lighter, GMX, GNS live

Trading
ProviderP/F ratioFDV / feesFees 30dFloatOpen interestFees / OI
edgeX3.50x10.0x$5.02M35.0%$639.17M0.096x
Paradex94.7x141.7x$31.0K66.8%$12.30M0.031x
View
edgeXn/aParadexn/a

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.

Frequently asked questions

edgeX vs Paradex: which one is better?

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.

Which is cheaper, edgeX or Paradex?

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.

How is the edgeX 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.