> For clean Markdown of any page, append .md to the page URL.
> For a complete documentation index, see https://docs.paradex.trade/docs/getting-started/what-is-paradex/llms.txt.
> For AI client integration (Claude Code, Cursor, etc.), connect to the MCP server at https://docs.paradex.trade/_mcp/server.

# What is Paradex?

Paradex is a decentralized exchange (DEX) built as a Starknet appchain, combining the performance of centralized exchanges with the security and transparency of blockchain technology.

## Key Features

#### [Privacy](/trading/privacy)

Positions, entries, PnL and liquidation levels are hidden from the public.

#### [Unified Margin](/risk/margin-system)

Trade 90+ markets across Futures and Spot all in one account.

## Get Started

#### [Start Trading](https://app.paradex.trade)

Launch the Paradex exchange and start trading.

#### [Bridges and On-Ramps](/docs/getting-started/bridges)

Learn how to deposit funds into your Paradex account.

#### [Retail vs Pro Orders](/trading/trader-profiles)

Understand how Paradex classifies orders as Retail or Pro based on submission method.

#### [Explore the API](/api)

Build trading bots and integrate with the Paradex REST and WebSocket APIs.