Volume 24h$6.2M
Open interest$18.8M
Markets27
Max leverage20x
BTC funding /8h—
BTC paid 30d—
Before you deposit
| Data | Live | updated 19:00 UTC from the exchange API |
| Liquidity | Medium | $18.8M open interest |
| Real volume | Normal | volume is 0.3x open interest a day |
| Book depth | Unknown | no order-book sample of its BTC market |
| KYC | None | on-chain, you keep custody |
Markets
27 markets| Asset | Price | Funding /8h | Every | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|
| AVGORWA para:AVGO | 362.64 | +0.0406% | 1h | $2.5M | $323K | 10x |
| VSTRWA para:VST | 141.40 | +0.0529% | 1h | $2.2M | $795K | 10x |
| UNITREERWA para:UNITREE | 73.636 | −0.1380% | 1h | $1.7M | $193K | 10x |
| BTCDRWA para:BTCD | 59.822 | +0.0309% | 1h | $1.5M | $186K | 20x |
| ANSEMRWA para:ANSEM | 0.1778 | −0.2159% | 1h | $1.4M | $537K | 3x |
| TTWORWA para:TTWO | 209.36 | +0.0522% | 1h | $1.1M | $271K | 10x |
| CIFRRWA para:CIFR | 19.040 | +0.0769% | 1h | $1.0M | $799K | 10x |
| TOTAL2RWA para:TOTAL2 | 1,161.3 | −0.0869% | 1h | $990K | $142K | 20x |
| CRDORWA para:CRDO | 187.30 | +0.0652% | 1h | $959K | $213K | 10x |
| OTHERSRWA para:OTHERS | 216.89 | −0.0691% | 1h | $827K | $257K | 10x |
| AAOIRWA para:AAOI | 108.72 | +0.0673% | 1h | $697K | $433K | 10x |
| IRENRWA para:IREN | 48.411 | +0.0060% | 1h | $636K | $146K | 10x |
| 10YRWA para:10Y | 4.9630 | +0.0060% | 1h | $627K | $449K | 20x |
| COHRRWA para:COHR | 324.46 | +0.0036% | 1h | $460K | $152K | 10x |
| LRCXRWA para:LRCX | 302.73 | +0.0360% | 1h | $448K | $47K | 10x |
| GLWRWA para:GLW | 159.51 | −0.0169% | 1h | $317K | $27K | 10x |
| TREADRWA para:TREAD | 0.4709 | +0.7783% | 1h | $289K | $173K | 5x |
| NETRWA para:NET | 349.01 | +0.0060% | 1h | $173K | $40K | 10x |
| SMCIRWA para:SMCI | 41.096 | +0.0060% | 1h | $172K | $256K | 10x |
| STXRWA para:STX | 883.69 | +0.0060% | 1h | $168K | $57K | 10x |
| TERRWA para:TER | 381.62 | +0.0060% | 1h | $114K | $184K | 10x |
| SOFIRWA para:SOFI | 16.988 | +0.0104% | 1h | $104K | $48K | 10x |
| CIENRWA para:CIEN | 361.95 | +0.0060% | 1h | $90K | $98K | 10x |
| MELIRWA para:MELI | 1,823 | +0.0060% | 1h | $86K | $82K | 10x |
| CRWDRWA para:CRWD | 249.62 | +0.0271% | 1h | $85K | $158K | 10x |
| RDDTRWA para:RDDT | 158.95 | +0.0060% | 1h | $54K | $86K | 10x |
| IGVRWA para:IGV | 106.79 | +0.0060% | 1h | $13K | $1K | 10x |
News from Paragon
all| 09-18 12:57 | Listing | Ciena ($CIEN), IREN ($IREN) and Applied Optoelectronics ($AAOI) sit on different layers of the same AI build: line systems, cloud capacity, and optical transceivers. All three are live as perpetuals, 24/7 on Hyperliquid. Up to 10x. @tradeparagon on X ↗ |
| 09-16 18:13 | Listing | Fed hikes 25bp to 3.75-4.00%. No dissents. Median dot shows 1 more hike in 2026. 10Y at 4.95%, down 5bp on the day. para:10Y quotes that yield. Long it or short it, up to 20x. Trade now on Hyperliquid: @tradeparagon on X ↗ |
| 09-16 15:39 | Listing | $TREAD is now trading 24/7 on Hyperliquid. Up to 5x leverage. $TREAD is the native token of @tread_fi, which offers execution algorithms, smart order routing and market-making bots, across centralized venues, perpetual DEXs and on-chain swaps. @tradeparagon on X ↗ |
| 09-16 14:38 | Listing | Hike or hold, the funds rate is one number at 2pm. Futures price a 92% chance of the first hike since 2023. 10Y hit 5.04% Tuesday, highest since 2007, now 4.97%. para:10Y quotes that yield, up to 20x. Trade now on Hyperliquid: @tradeparagon on X ↗ |
About Paragon
Paragon is a decentralized perpetual futures exchange on Hyperliquid L1. It lists 27 active markets, traded $6.2M in the last 24 hours and holds $18.8M in open interest, #38 among the perp DEXs we track.
Funding settles every 1h.
Key facts
- Type
- DEX
- Chain
- Hyperliquid L1
- Runs on
- Hyperliquid
- Rank by volume
- #38 of 46
- Max leverage
- 20x
- Funding paid
- every 1h
- Taker / maker
- —
- Token
- none yet
- Airdrop
- —
- Tracked since
- 2026-09-18
- Links
- app · site · docs · X
Funding arb here
all| TTWO | short here, Bitget | +0.0529% | +$80 |
| VST | short here, Bitget | +0.0454% | +$3 |
| AVGO | short here, tradeXYZ | +0.0009% | −$1 |
| CRDO | short here, OKX | +0.0464% | −$20 |
| IREN | long here, tradeXYZ | +0.0222% | −$45 |
Price arb here
all| VST | short here, Binance | +0.035% | −$35 |
| CIFR | short here, QFEX | +0.079% | −$65 |
Changes
listings, fees, intervalsNone since 2026-09-18.