Jupiter Perps vs Paradex

Jupiter Perps leads on 2 of 3 shared benchmarks, Paradex on 1. Jupiter Perps wins on Perp DEX volume share, live 24h notional ranked ($290.56M vs $20.14M), Perp DEX price to fees ratio 2026 (4.12x vs 94.7x). Paradex wins on Most tradable markets on a perp DEX, live count per venue (63 vs 3).

Read methodology Last measured Window: rolling 24h3 shared benchmarks
Jupiter Perps logo
Jupiter Perps

Solana swap aggregator. REST APIs for quotes, swap routing, price, and token lists across Solana DEXs.

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 price to fees ratio 2026: Hyperliquid, Aster, Lighter, GMX, GNS live

Trading
ProviderP/F ratioFDV / feesFees 30dFloatOpen interestFees / OI
Jupiter Perps4.12x8.64x$19.65M48.4%$37.51M6.37x
Paradex94.7x142.9x$31.0K66.8%$12.42M0.030x
View
Jupiter Perpsn/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

Jupiter Perps vs Paradex: which one is better?

Jupiter Perps and Paradex are compared on 3 shared OpenChainBench benchmarks. Jupiter Perps leads on Perp DEX volume share, live 24h notional ranked. Paradex leads on Most tradable markets on a perp DEX, live count per venue. See the live table on this page for every metric.

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

On the Perp DEX volume share, live 24h notional ranked benchmark, Jupiter Perps leads at $290.56M versus Paradex at $20.14M. Live measurement is updated continuously by the OpenChainBench harness.

Which has the higher active markets, Jupiter Perps or Paradex?

On the Most tradable markets on a perp DEX, live count per venue benchmark, Paradex leads at 63 versus Jupiter Perps at 3. Live measurement is updated continuously by the OpenChainBench harness.

How is the Jupiter Perps 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.

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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.