Why Chose @paradex ?
I often get asked why I chose Paradex over other Perp DEXs, especially considering the highly competitive Perp DEX meta.
Here are a few reasons why Paradex is my go-to:
- Paradex Gigavault: Itโs one of the best-performing vaults in 2025. Iโve tested it in other vaults and it consistently produces the best strategies and yields for USDC holders.
- User Interface (UI): The UI is very good, simple, and easy to navigate, giving you a CEX-like experience.
- Retail Price Improvement (RPI): RPI allows retail traders to buy or sell at slightly lower or higher prices, respectively, without bots front-running them. To my knowledge, this is only available on Paradex.
- Zero Fees for Retail: Retail users pay no fees for opening or closing positions. Even for retail farmers, this is a great advantage, as they can earn XPs at a lower cost.
- Open Interest (OI): Paradexโs OI has been consistently high, reaching around +500m last week. This suggests that fewer users are wash trading on the platform.
Tap Affiliate Program: On CEXes, KOLs refer traders and earn commissions on the fees generated from their referrals. This means users are charged to pay back the KOLs. However, on Paradex, affiliates (KOLs) are paid from 1% of the DIME total supply, and referred users are not charged a dime.
Privacy: Privacy is crucial, it's important that traders are protected. On Paradex, your position, size, and liquidation price are private and cannot be hunted like in the JAMES WYNN situation.
Affiliate Badge: In this era of infofi AI, Paradex has embraced a unique approach. The @Paradex_Eco hand-picks and recognise community creators and contributors who have been promoting the brand and expanding its reach, all working together for the growth of the product and brand.
I understand that everyone has their own preferences, but itโs unfair to criticise a product you havenโt used. So, if youโre interested in enjoying perks and sharing your experience, sign up with my referral code. This will help the team improve the user experience.
Paradex offers a zero-fee model for retail traders, allowing you to run your delta-neutral strategy on your favourite DEX and hedge on Paradex to farm funding fees.
Trade on @paradex today.
https://t.co/3EnudG9Dqz
Around Jan 10 2025 the Gigavault vault cap was under 20m and it was always raised at random, Fiddy raised the cap and I saw the announcement late, vault was almost filled up I struggled to deposit into Paradex, It was frustrating for me as it was my first time considering to use Paradex and I couldn't even deposit.
Looking back Paradex had an onboarding problem because it was hard to bring in liquidity whenever you wanted and from wherever you wanted, but today the story is different and the platform User experience has improved 100x from early January.
Over a week ago @paradex announced Interchain deposits enabled by @hyperlane and today I used the feature to move in usdc from solana to trade on Paradex.
One word - "Seemless"
Move USDC from solana, Etheruem, Arbitrum or base in Secs into Paradex, deposit into the Gigavault for good sustainable yield or you can trade as RPI gives the best prices for retail traders.
gDime
I am excited to announce that I have joined @paradex Chain as one of the Approved TAP Affiliates, one step closer everyday and I know in a short while I'll be rocking the @Paradex_Eco badge.
Got a follow from @0xsteamboat
(I love to watch him when he streams, he's got good humour)
Seems like it was a good week, thank you @paradex for the opportunity, there's work to be done.
gDime
Things like this are the reasons I'm sure privacy is very important, I bet no one would be happy to be hunted publicly as sort.
I do really think we can't scale finance without privacy, transparency is good but it has it's disadvantages too.
@paradex is building the first privacy perp solution for this, users will be able to trade with their positions and Liquidation prices private so they're not hunted coordinatedly.
Paradex won't see your position unlike with binance where binance sees your position and can hunt you still.
This is a very much needed feature and it's coming soon.
gDIME