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Paradex

Is Paradex (DIME) halal or haram?

Not screened yet

We have not run our Shariah screening on Paradex yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.

Screen DIME now Runs our full screening and publishes the verdict on this page.

What it is

Paradex is a decentralized cryptocurrency exchange that supports trading of perpetual futures, spot markets, options, and pre-markets across over 250 instruments.

The basics

Where it lives
token on ethereum (also on solana)
Circulating supply
668,461,665 DIME
Maximum supply
1,000,000,000 DIME
Category
Decentralized Exchange (DEX), Decentralized Finance (DeFi), Solana Ecosystem

What it runs, and where its revenue goes

Per DefiLlama on 2026-09-23, Paradex runs 4 product lines: Paradex Perps (Derivatives, $33K in fees over 30 days); Paradex Options (Options, $7K in fees over 30 days); Paradex Bridge (Bridge); Paradex Spot (Dexs).

Per DefiLlama on 2026-09-23, $10K reached Paradex token holders in the last 30 days (Paradex Perps $10K). How, in DefiLlama's words: $DIME purchased with net protocol revenue.

Figures from DefiLlama. Whether any of this income is permissible is part of our screening.

Who controls the coins

Read from the token's verified contract on Ethereum (0xb32e10022ffbedfe10bc818a1c7e67d9d87e0fa7) on 2026-09-23: it has mint (held by an account we could not identify), pause (held by an account we could not identify); what these allow is checked at screening. Its code can be replaced by whoever holds the upgrade power.

Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.

The project's own sources

Checked on 23 September 2026. Every address above was fetched once to confirm it loads.