Paradex

Paradex is a high-performance decentralized exchange for perpetual futures, operating as a dedicated Starknet appchain to offer low fees and self-custodial trading.

## Executive Summary Paradex is a high-performance, non-custodial decentralized exchange (DEX) engineered specifically for trading perpetual futures. It operates on a custom-built Layer 2 (L2) appchain, leveraging Starknet's ZK-Rollup technology to deliver a trading experience that aims to rival the speed and cost-efficiency of centralized exchanges (CEXs) while preserving the core DeFi principles of self-custody and on-chain settlement. At its core, Paradex addresses the classic blockchain trilemma for derivatives trading—scalability, security, and decentralization—by implementing a hybrid ar