SIDE-BY-SIDE COMPARISON

Lighter vs Paradex

Compare published fees and activity. Figures can cover different product scopes and timestamps; higher activity does not guarantee better execution.

Normalized volume is a separate source-defined metric, not a wash-trading verdict. Amber observations are dated references or stale.

Lighter

An order-book venue with different account modes. Standard, Premium and Plus accounts trade off fees, latency and rate limits.

Open interest
$544.48M
Reported volume · 24h
$1.57B
Normalized volume · 24h
$2.18B·
Reported volume · 30d
$53.78B·
Maker / taker
0 bp / 0 bp
Taker fee / $100k
$0.00
Fee schedule checked
22 Sept 2026

Standard account. Ordinary Standard-account orders. Premium and Plus accounts and specialized order types may charge fees; confirm the order ticket.

Official fee source ↗

Lighter main perpetuals only for API observations. Robinhood perpetuals are excluded. A public-page parent observation may have broader coverage; its scope is labelled.

Open Lighter ↗

Paradex

A venue that distinguishes Retail and Pro orders. Zero retail fees do not apply universally to API trading.

Open interest
$4.97M
Reported volume · 24h
—
Normalized volume · 24h
—
Reported volume · 30d
—
Maker / taker
0 bp / 0 bp
Taker fee / $100k
$0.00
Fee schedule checked
22 Sept 2026

Retail orders. Pro orders have a separate schedule. Settlement fees, spreads and funding are separate.

Official fee source ↗

Paradex perpetuals API observation; fee example applies to Retail orders.

Open Paradex ↗