Discover the best Perpetuals airdrops on Base. Updated daily with new farming opportunities.
Paradex is a decentralized perpetual exchange (DEX) built on Base, a Layer 2 network. The platform offers self-custodial trading with an on-chain risk engine designed for capital efficiency. This means all derivative transactions and complex trading logic are validated directly on the Layer 2 network, ensuring security and transparency. The project has received backing from notable crypto investment firms including Jump Trading and Dragonfly Capital, positioning it as a significant player in the decentralized derivatives trading space. Paradex focuses on providing traders with advanced perpetual trading features while maintaining the benefits of decentralization.