Aevo vs Paradex
A detailed head-to-head comparison of Aevo and Paradex — pricing, features, and which one wins for different use cases.
Aevo
Order-book DEX combining perpetuals and on-chain options
Aevo is a high-performance decentralized derivatives exchange (from the Ribbon Finance team) notable for offering both perpetual futures and on-chain options in one venue — a rarer combination, since …
Full review →Paradex
Starknet-based order-book perp DEX with a high-performance appchain
Paradex is a decentralized perpetual exchange built as a high-performance appchain on Starknet (incubated by Paradigm), offering a central-limit-order-book experience with the scalability and low late…
Full review →Feature Comparison
| Feature | Aevo | Paradex |
|---|---|---|
| Max Leverage | Up to 20x | Up to 50x |
| Settlement Model | Off-chain OB + on-chain settlement (Aevo L2) | Order book (Starknet appchain) |
| Oracle Type | Order book + oracle | Order book + oracle |
| Funding Rates | ✓ | ✓ |
| Cross Margin | ✓ | ✓ |
| Isolated Margin | ✓ | ✓ |
| Liquidity Provider Yield | ✗ | ✗ |
| Governance Token | ✓ | ✗ |
| Multi Chain | ✗ | ✗ |
| Self Custody | ✓ | ✓ |
Aevo Pricing
Aevo
Free (fee per trade)
Free
- ✓Non-custodial perpetuals
- ✓Up to 20x leverage
- ✓On-chain settlement
- ✓Funding-rate markets
- ✓Self-custody trading
Paradex Pricing
Paradex
Free (fee per trade)
Free
- ✓Non-custodial perpetuals
- ✓Up to 50x leverage
- ✓On-chain settlement
- ✓Funding-rate markets
- ✓Self-custody trading
Verdict: Which Should You Choose?
Aevo is the better pick if you need rare on-chain options alongside perpetuals. Paradex wins when high-performance order book on a starknet appchain. Both are production-ready — the right choice depends on your team's workflow and budget.