According to Paradex Network, the platform has officially launched its new decentralized exchange (DEX), providing traders with advanced tools for swapping and liquidity provision directly on-chain (source: Paradex Network Twitter, May 28, 2025). The launch is expected to enhance trading efficiency and security, allowing crypto investors to access a broader range of tokens with reduced counterparty risk. Market participants should monitor Paradex’s trading volumes and liquidity metrics, as this DEX could influence short-term price action and trading opportunities across multiple altcoins.