Settings8H · net · $10k
Exchanges /

Paragon

DEXHyperliquid L1
Volume 24h$6.8M
Open interest$18.1M
Markets27
Max leverage20x
Taker / maker
BTC funding /8h
BTC paid 30d

Before you deposit

DataLiveupdated 21:21 UTC from the exchange API
LiquidityMedium$18.1M open interest
Real volumeNormalvolume is 0.4x open interest a day
Book depthUnknownno order-book sample of its BTC market
KYCNoneon-chain, you keep custody

Markets

27 markets
AssetPriceFunding /8hEveryOIVol 24hMax lev
10YRWA para:10Y4.9830+0.1801%1h$636K$469K20x
CIFRRWA para:CIFR18.861+0.1573%1h$1.0M$825K10x
VSTRWA para:VST141.38+0.0894%1h$2.2M$745K10x
TTWORWA para:TTWO210.04+0.0612%1h$1.1M$271K10x
SMCIRWA para:SMCI41.117+0.0378%1h$158K$265K10x
NETRWA para:NET351.10+0.0347%1h$174K$38K10x
AVGORWA para:AVGO362.48+0.0329%1h$2.5M$321K10x
AAOIRWA para:AAOI109.69+0.0254%1h$275K$697K10x
STXRWA para:STX876.68+0.0248%1h$166K$58K10x
CRWDRWA para:CRWD248.66+0.0234%1h$84K$160K10x
BTCDRWA para:BTCD59.870+0.0187%1h$1.5M$192K20x
CRDORWA para:CRDO186.77+0.0063%1h$892K$244K10x
GLWRWA para:GLW159.04+0.0060%1h$316K$27K10x
LRCXRWA para:LRCX302.85+0.0060%1h$447K$52K10x
IRENRWA para:IREN47.314+0.0060%1h$622K$126K10x
Show all 27 markets

News from Paragon

all
09-18 12:57ListingCiena ($CIEN), IREN ($IREN) and Applied Optoelectronics ($AAOI) sit on different layers of the same AI build: line systems, cloud capacity, and optical transceivers. All three are live as perpetuals, 24/7 on Hyperliquid. Up to 10x. @tradeparagon on X ↗
09-16 15:39Listing$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 ↗

About Paragon

Paragon is a decentralized perpetual futures exchange on Hyperliquid L1. It lists 27 active markets, traded $6.8M in the last 24 hours and holds $18.1M 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
Token
none yet
Airdrop
Tracked since
2026-09-18
Links
app · site · docs · X

Funding arb here

all
TTWOshort here, Binance+0.0578%+$60
AVGOshort here, Binance+0.0187%+$13
CRDOshort here, OKX+0.0063%−$21
IRENlong here, tradeXYZ+0.0267%−$52
UNITREElong here, tradeXYZ+0.0172%

Price arb here

all
CIFRshort here, QFEX+0.005%−$618
VSTlong here, Binance+0.014%

Changes

listings, fees, intervals
None since 2026-09-18.