Paradex

Is Paradex a secure platform?

Paradex uses zero-knowledge proofs to ensure the correctness of all transactions, anchoring state updates to Ethereum for robust security. All margin and liquidation logic is enforced by smart contracts on-chain, and user assets remain self-custodial except when actively traded. While the operator currently controls block proposals, the platform is designed to minimize solvency risks and is regularly audited for transparency and safety.

How to use Paradex?

Users can connect a compatible wallet, bridge assets from Ethereum or other supported chains using native or third-party bridges, and trade directly from their wallets on Paradex. The platform supports unified margin, cross-margin, and isolated-margin trading, with a responsive UI for perpetuals and options markets. Developers and advanced users can also interact with Paradex’s smart contract ecosystem to build vaults and structured strategies.