Paradex is joining Coinbase!

We know we’ve been a little quiet, but we’ve been hard at work, and we’re incredibly excited to share that Paradex is joining Coinbase!

One year ago this month, we set out to build the best decentralized relayer that empowers users with self-custodianship. A year later, we’re not only extremely proud of what we’ve achieved, but intensely optimistic about where our space is headed and the explosion of opportunity growing each and every day.

It was clear from our first conversations together that the excitement and optimism was mutual, and, like Coinbase, we believe wholeheartedly in the power of an open financial system. It’s paramount to what we’re working towards at Paradex. In our next steps together, we’ll continue to build out the existing Paradex roadmap and continue to explore the world of decentralization and the amazing opportunities at hand.

For most of us, Coinbase was our very first interaction with crypto, our gateway to the world of blockchain. Right from the beginning, they set a bar that the entire ecosystem, Paradex included, has aimed to reach. That drive toward quality, openness and adoption has really served as the foundation to this acquisition. Our team couldn’t be more proud of the work we’ve accomplished over the past year, and we couldn’t be more excited about this new chapter under the Coinbase umbrella.

While we work to integrate with Coinbase, the Paradex app will be temporarily unavailable, starting today, May 23, at 3pm ET. This doesn’t change our commitment to our users. We’re still working hard to build the best relayer, now with a larger team and more resources.

To stay up-to-date on Paradex, including acquisition news and future product updates, sign up to our mailing list and follow us on Twitter.