ApeX Protocol vs Paradex Comparison
| 0.02% maker / 0.05% taker | Fees | 0% for retail; pro/API 0.002% / 0.02% |
ApeX Protocol
vs
ParadexWinner
Pros & Cons
Pros
- No gas costs for users
- Perpetuals on equities, commodities and prediction markets too
- Around 90 crypto perpetuals, up to 100x leverage on BTC and ETH
- Operating since 2022 with no known loss of user funds
- Well-known backers
Cons
- Considerably lower volume than the market leaders
- Thinner order books in secondary markets
- No EU authorisation
- Support runs through community channels
Pros
- Fee-free trading for retail across 100+ markets
- Dedicated appchain with CEX-grade execution
- Privacy perpetuals with position data not openly visible
- Self-custody
- Clearly separated fee model for professional and API accounts
Cons
- No EU authorisation
- Smaller market selection than the largest competitors
- Support runs through community channels
- Tax reporting rests entirely with the user
Score Comparison
4.4Usability4.7
4.1Features4.4
4.3Fees4.9
4.2Stability4.3
3.5Support3.6
Features
- No gas costs
- Crypto, equity and commodity perpetuals in one interface
- Operating since 2022 without a known security incident
- Up to 100x leverage on the main markets
- Fee-free for retail users
- Dedicated Starknet appchain
- Privacy perpetuals
- Own token DIME since March 2026
Details
ApeX ProtocolParadex
| ApeX Protocol (by Bybit) | Company | Paradigm / Paradex |
| Singapore | Headquarters | United States |