A New Contender in the Dex Wars ft. Paradex

Video
November 4, 2025

Paradex, a next-generation on-chain derivatives exchange built on the Starknet stack. Rob Shearer, CCO and VP of Growth in Business Development, shares his insights.

Key topics covered include:

- Motivation for Paradex: Born from FTX loss, highlighting need for self-custody.
- Paradigm & Paradex: Paradex incubated from Paradigm, an institutional crypto options exchange.
- Architecture: ZK-rollup on Starknet chosen for immediate transaction finality.
- Privacy: Essential for institutional adoption in DeFi, addressing MEV and position visibility.
- Winning Perps Dex: Focus on long-term vision, strong team, and scalable tech.
- Liquidity Problem: Solved by Retail Price Improvement (RPI) for better market maker flow.
- TradFi & Crypto: Bridging requires robust regulation, high throughput, and deep liquidity.

Timestamps:

0:44 Motivation for Paradex's Creation
7:56 Paradigm and Paradex's Genesis
13:11 Paradex's Architectural Decisions
15:43 The Importance of Privacy
18:46 Building a Winning Perps Dex
26:25 The Liquidity Problem and RPI
30:18 Bridging TradFi and Crypto