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Paradex: private institutional perp trading on a Starknet appchain

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Argues institutions stay off onchain trading because of the 'Visibility Tax' on positions and liquidation levels, and that Paradex's ZK-settled private appchain with zero fees and RPI addresses it.

Key claims
$700T+ in global derivatives and ~$128T institutional AUM
>100 live perp markets
Binance is copying Paradex's RPI
$700T+ in global derivatives and ~$128T in institutional AUM. Yet serious capital remains largely sidelined from onchain trading. Why? Privacy. Institutions cannot broadcast their positions, entry points, and liquidation levels to competitors and hunters. Every trade on a transparent chain becomes a signal to the market. We call this the "Visibility Tax", and it's a dealbreaker for fiduciary capital that needs to protect its edge. @paradex is solving this with the first private @Starknet appchain, combining ZK-proven settlement with a unique three-layer privacy model. On Paradex, privacy is baked into the architecture, not bolted on retrospectively. Add zero fees and RPI (retail price improvement that Binance is already copying) + >100 live perp markets, and you have one of the most compelling institutional perp DEX plays in the market. Full report by @a1research__ dropping on Monday.
QUOTING @zerokn0wledge_
Paradex: - Generated >$10B in volume in past 7 days (>$34B in 30D) at almost $800M OI. - Is aiming to reshape perp DEX market microstructure, bringing to market a feature called "retail price improvement", aka RPI system (that Binance is already copying), while allowing users t

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