TL;DR
Following our recent announcement that S-two is live on Starknet Mainnet, we are thrilled to spotlight the first major milestone in this new era of proving: Paradex is now fully powered by S-two.
When we introduced S-two, we promised it would deliver reduced latency and significantly lower proof costs. Today, we are moving from promises to production. Paradex, one of the ecosystem’s flagship Appchains, is now utilizing the raw power of S-two to redefine what a high-performance exchange looks like on-chain.
The First Appchain to Run on S-two
Paradex has always been a pioneer. Launched in July 2023 as Starknet’s first-ever Appchain, it was built to offer a user experience that rivals centralized exchanges (CEXs) while maintaining the self-custody and the highest level of security of DeFi.
Since its launch, Paradex has quietly become a giant in the decentralized derivatives space. Incubated by Paradigm, it has steadily climbed the ranks, currently sitting comfortably as a top 10 derivatives DEX globally by volume on DeFiLlama.
Source: DeFiLlama
With over $750M in recent daily volume and deep liquidity, it is a battle-tested platform handling institutional-grade throughput.
Source: DeFiLlama
But “high performance” is a moving target. To stay ahead, Paradex needed infrastructure that could keep up with its matching engine. Enter S-two.
What S-two Means for Paradex
By integrating S-two, Paradex is unlocking the next level of efficiency for its users. Here is what the upgrade delivers:
- Shorter Latencies: S-two is the fastest prover in the world, capable of generating proofs in seconds rather than minutes. For Paradex, this means faster settlement times and a more responsive bridge between the Appchain and Ethereum L1.
- Cheaper Proof Creation: The cryptographic innovations that are in the heart of S-two (Circle STARKs and the M31 field) drastically reduce the computational overhead of generating proofs. This efficiency lowers the operating costs of the Appchain, allowing Paradex to maintain its zero-fees on-chain trading structure even as volumes scale to billions of dollars.
- Infinite Scalability: With S-two’s ability to prove computation rapidly, Paradex can process higher transaction throughputs without bottlenecks, ensuring the “CEX-like” experience remains smooth during peak market volatility.
A Blueprint for the Future of Appchains
Paradex is an amazing example of an Appchain utilizing the power of S-two, but it is just the beginning.
This integration demonstrates the unique advantage of the Starknet tech stack: customizability without compromise. Paradex runs its own optimized chain to handle high-frequency order book matching, yet it relies on the battle-tested security of STARKs. With S-two now acting as the engine, that security is faster and more affordable than ever before.
Source: S-two book
For developers and enterprises looking at Starknet Appchains, the message is clear: You don’t have to choose between speed, cost, and security. With S-two, you get all three.
Experience the Speed
The future of privacy and performance is here, and it is already running on Paradex.
- Start Trading: Experience the power of a S-two-boosted Appchain at Paradex.trade
- Build Your Own: Interested in launching a high-performance Appchain? Explore the Starknet Stack
