Pacifica vs Paradex

Pacifica leads on all 3 live benchmarks. Pacifica wins on Perp DEX volume share, live 24h notional ranked ($1.03B vs $20.31M), Most tradable markets on a perp DEX, live count per venue (78 vs 63), Perp DEX capital efficiency (3 vs 3).

Read methodology Last measured Window: rolling 24h4 shared benchmarks
Pacifica logo
Pacifica

Solana perp DEX optimized for high-frequency trading, oracle-anchored funding.

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

Pacifica

Leads

3

p99
3
rank
#6
samples
2,880

Paradex

Trails

3

p99
3
rank
#7
samples
2,880
Markets per $M TVL
Pacifican/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
ProviderFees 30dOpen interestFees / OI
Pacifica$3.57M$57.80M0.751x
Paradex$31.0K$12.30M0.031x
View
Pacifican/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

Pacifica vs Paradex: which one is better?

Pacifica and Paradex are compared on 4 shared OpenChainBench benchmarks. Pacifica leads on Perp DEX volume share, live 24h notional ranked. See the live table on this page for every metric.

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

On the Perp DEX volume share, live 24h notional ranked benchmark, Pacifica leads at $1.03B versus Paradex at $20.31M. Live measurement is updated continuously by the OpenChainBench harness.

How is the Pacifica 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.