Multi-Leg Trades Just Got Atomic.
#DYDX is the original onchain perp DEX, home to the most sophisticated retail derivatives community onchain.
#İNJ is the derivatives native L1, with perps, options, and prediction markets baked into the chain.
Both communities run more than one leg per trade. Pair trades. Basis trades. Options stacked on perps.
Here is the hidden cost. Multi-leg trades onchain mean working multiple orderbooks at the same time. Each leg leaks. A 5-leg pair trade bleeds 50 bps before the position is fully on, and another 50 bps on the way out.
Paradex shipped the solution.
RFQ for basket trades. One quote. One price. 50 assets executed atomically. Pair trades, basis trades, perps and options stacked into programmable portfolios, all settled in a single transaction. Exit your entire book in one quote.
Perfected on Paradigm since 2019. Minimum block sizes in the hundreds of dollars. Institutional execution for everybody.
0.0075 bps for active traders. zk encrypted accounts keep multi-leg strategies fully private.
$250B cumulative volume cleared. Built by the team behind Paradigm.
DYDX built the perp orderbook. INJ built the derivatives chain.
Paradex built the execution layer that makes multi-leg trades atomic.
One RFQ. 50 assets. One price. Zero leg slippage.