Top 5 perp DEXes by volume: three run on Starknet's SN stack
Post122 words
Top five perp DEXes did $38B in 24h and over $663B in 30d volume, and three (Paradex, edgeX, ApeX) build on Starknet tech. Points out StarkEx's continued relevance since dYdX moved to Cosmos in 2023.
Key claims
$38B 24h volume and over $663B 30d among top 5 perp DEXes
3 of 5 use StarkEx or the SN stack
$38B in 24h perp DEX volume with a total 30d volume of >$663B just among the top 5 perp DEXes in the industry.
What's noteworthy about the composition of the top 5?
3 out of 5 are building with @Starknet's SN stack:
- @paradex: Private Starknet Appchain (incl Cairo-based DimeVM)
- @edgeX_exchange: Built on StarkEx (ZK-powered L2 scalability engine)
- @OfficialApeXdex: Built on StarkEx
StarkEx was already the stack that @dYdX built on before moving onto a Cosmos SDK based appchain back in 2023, and it has retained its relevance in the perp DEX game until today.
Say what you want, but this is definitely noteworthy and evidence to the fact that @StarkWareLtd has been building some exceptional tech in recent years.
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What came next · since 10 Oct 2025
Since then
Zero has written 3 more pieces on Paradex since this one.