Paradex MCP Server

What does “Paradex” MCP Server do?

The Paradex MCP (Model Context Protocol) Server acts as a bridge between AI assistants and the Paradex perpetual futures trading platform. It allows AI agents to seamlessly interact with Paradex by retrieving real-time market data, managing trading accounts and vaults, placing and managing orders, and monitoring positions and balances. By leveraging the MCP standard, this server enhances development workflows for financial and trading applications, enabling automated trading strategies, real-time insights, and streamlined account management. Developers and AI systems can use the Paradex MCP Server to connect to external trading services, execute trades programmatically, and integrate advanced trading functionalities into their AI-driven solutions.

List of Prompts

• No specific prompt templates are listed in the available files or documentation.

List of Resources

• No explicit MCP resources are listed in the available files or documentation.

List of Tools

• No explicit list of tools (MCP executable functions) is available from the provided repository contents.

Use Cases of this MCP Server

• Automated Trading: Enable AI agents to automatically monitor market conditions and execute trades based on predefined strategies, reducing human error and increasing efficiency.
• Real-Time Market Data Retrieval: Allow developers or AI systems to access up-to-date market prices and order book information from Paradex for analysis or trading decisions.
• Account and Vault Management: Facilitate automated management of trading accounts, including tracking balances, positions, and vault assets, to streamline operational workflows.
• Order Management: Enable efficient placement, modification, and cancellation of trading orders via AI, supporting advanced trading algorithms and risk management systems.

How to set it up

Windsurf

1. Ensure you have Node.js and Windsurf installed.
2. Locate your Windsurf configuration file (e.g., windsurf.config.json).
3. Add the Paradex MCP Server entry to the mcpServers section:

"mcpServers": {
  "paradex-mcp": {
    "command": "paradex-mcp-server",
    "args": []
  }
}

4. Save the configuration file and restart Windsurf.
5. Verify that the server is available in the Windsurf interface.

Securing API Keys: Set sensitive information using environment variables, not directly in the config file.

"env": {
  "PARADEX_API_KEY": "${PARADEX_API_KEY}"
},
"inputs": {
  "vault_address": "0x123..."
}

Claude

1. Install Paradex MCP Server (paradex-mcp-server) and ensure Python is available.
2. Open claude_desktop_config.json.
3. Add to the mcpServers section:

"mcpServers": {
  "paradex-mcp": {
    "command": "paradex-mcp-server",
    "args": []
  }
}

4. Save and restart Claude Desktop.
5. Confirm Paradex MCP appears in the Claude interface.

Securing API Keys:

"env": {
  "PARADEX_API_KEY": "${PARADEX_API_KEY}"
},
"inputs": {
  "vault_address": "0x123..."
}

Cursor

1. Install the Paradex MCP Server and Python if needed.
2. Open your Cursor configuration file.
3. Insert:

"mcpServers": {
  "paradex-mcp": {
    "command": "paradex-mcp-server",
    "args": []
  }
}

4. Restart Cursor.
5. The Paradex MCP should now be listed as an available server.

Securing API Keys:

"env": {
  "PARADEX_API_KEY": "${PARADEX_API_KEY}"
},
"inputs": {
  "vault_address": "0x123..."
}

Cline

1. Install Paradex MCP Server and ensure Python is present.
2. Open the Cline MCP configuration file.
3. Add the following under mcpServers:

"mcpServers": {
  "paradex-mcp": {
    "command": "paradex-mcp-server",
    "args": []
  }
}

4. Save and restart Cline.
5. Check that Paradex MCP is accessible.

Securing API Keys:

"env": {
  "PARADEX_API_KEY": "${PARADEX_API_KEY}"
},
"inputs": {
  "vault_address": "0x123..."
}

How to use this MCP inside flows

Using MCP in FlowHunt

To integrate MCP servers into your FlowHunt workflow, start by adding the MCP component to your flow and connecting it to your AI agent:

Click on the MCP component to open the configuration panel. In the system MCP configuration section, insert your MCP server details using this JSON format:

{
  "paradex-mcp": {
    "transport": "streamable_http",
    "url": "https://yourmcpserver.example/pathtothemcp/url"
  }
}

Once configured, the AI agent is now able to use this MCP as a tool with access to all its functions and capabilities. Remember to change “paradex-mcp” to the actual name of your MCP server and replace the URL with your own MCP server URL.

Overview

Based on the available information, the Paradex MCP Server provides a solid overview and clear setup instructions for API key security, but lacks explicit documentation of prompts, resources, tools, or sampling support. It is a promising project but would benefit from more detailed documentation of its MCP primitives.

Our opinion

This MCP is well-documented for setup and offers a strong connection to its trading platform. However, the absence of explicit prompts, tools, and resource documentation limits its immediate usability for developers seeking detailed API or workflow integration. It ranks as an above-average project for its domain, but would score higher with more detailed technical docs.

MCP Score