# Paradex > Zero Fee Perpetuals with Privacy Paradex is a decentralized exchange offering perpetual futures trading with low fees, high capital efficiency, and self-custodial control. Paradex is a decentralized exchange built on a StarkNet Appchain, enabling perpetual futures trading with low fees and high capital efficiency. It uses zk-STARKs for scalability and security, ensuring fast transaction finality while maintaining decentralization. Paradex supports Ethereum-compatible wallets for seamless integration and offers advanced tools like Vault Traded Funds (VTFs) to enhance user experience. The platform prioritizes trustless trading and user control. - Type: Company - Sector: Finance - Status: Active - Founded: 2021-12-01 - Profile: https://thegrid.id/profiles/paradex_trade ## Products - [Paradex Perpetual Futures Exchange](https://thegrid.id/profiles/paradex_trade): Paradex Perpetual Futures Exchange enables users to trade perpetual contracts on a decentralized Layer 2 blockchain. It leverages zk-STARK technology for secure, scalable transactions and supports Ethereum-compatible wallets for easy access. Users benefit from low fees, fast execution, and tools like Vault Traded Funds (VTFs) for advanced trading strategies. Paradex ensures trustless trading while maintaining user ownership of funds and private keys. (Decentralised Exchange, Live, Main Product) - [Paradex Vaults](https://thegrid.id/profiles/paradex_trade): Paradex Vaults is a yield-generating product that allows users to deposit USDC and earn returns through automated trading strategies managed by professional market makers. Users receive vault shares representing their proportional ownership and can withdraw their funds with a 7-day lockup period. (Yield Aggregator, Live) - [Paradex Chain](https://thegrid.id/profiles/paradex_trade): Paradex Chain is a Layer 2 blockchain built on Starknet that serves as the settlement and execution layer for the Paradex exchange. It provides RPC endpoints for developers to interact with the network and supports both mainnet and testnet environments. (L2, Live) ## Assets - [DIME (DIME)](https://thegrid.id/profiles/paradex_trade): DIME is the native token of Paradex Chain, a Layer 2 appchain built on Starknet. It is used to pay transaction fees on the network and will enable trading fee payments with discounts, staking rewards, liquidity mining, and governance participation. The token powers a specialized blockchain designed for perpetual futures trading, combining zk-STARK technology for scalability with an order book model to deliver self-custodial derivatives execution at speeds comparable to centralized exchanges. (Utility) ## Links - [Main](https://www.paradex.trade) - [Documentation](https://docs.paradex.trade) - [Blog](https://www.paradex.trade/blog) - [Terms of Service](https://www.paradex.trade/terms-of-service) - [Privacy policy](https://www.paradex.trade/privacy-policy) - [Media Kit/branding](https://www.paradex.trade/media-kit) - [Telegram](https://t.me/paradex) - [Twitter / X](https://x.com/paradex) - [Discord](https://discord.com/invite/paradex) ## Legal This data is provided under two licensing models. Model 1 - open data. 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