What are Nado's trading fees?

Nado charges a maker fee of 0.010% and a taker fee of 0.040%. These are base rates — actual fees may vary based on your trading volume and VIP tier.

What is the maximum leverage on Nado?

Nado offers up to 50x leverage on perpetual futures contracts. Available leverage may vary by trading pair.

What blockchain does Nado run on?

Nado operates on Ink. It supports USDC as collateral for trading.

How many markets does Nado have?

Nado currently lists 42 perpetual futures markets. New pairs are added regularly.

Nado

Q: Does Nado have an airdrop or token rewards?

Nado has an active Open Beta S1 program. Open Beta Season 1 active. Points for trading, NLP, referrals. Built on Ink (Kraken L2). $INK airdrop confirmed for Nado users.

Orderbook

Ink

Trade on Nado →

24h Volume

$336M

+93.7% 24h

Open Interest

—

Fee

0.010%Maker

0.040%Taker

Markets42

Leverage50×

CollateralUSDC

Funding1h

Nado — Daily Volume

Mar 2026 — May 2026 · 83 days

About Nado

Perp DEX offering a streamlined trading interface with competitive fees. Focused on user experience and accessibility.

Pros

Clean UX
Competitive fees
Active incentive program

Cons

Low liquidity currently
Few trading pairs
Newer project

Airdrop

Status

Open Beta S1

TGE

Q3 2026

Open Beta Season 1 active. Points for trading, NLP, referrals. Built on Ink (Kraken L2). $INK airdrop confirmed for Nado users.

How to Farm

•Trade perps for points
•Provide NLP liquidity
•Mint Templars NFTs for point boosts

Key Dates

950K points distributed every Friday. INK TGE likely Jul-Sep 2026. NFT airdrop to top 30% alpha users.

Backed By

Kraken (core engineering team)

Website Twitter Discord Docs

Launched Dec 2024Audited

Nado — Overview

Nado is a perpetual DEX built on Ink, Kraken's Layer 2 blockchain, offering a streamlined trading interface with competitive fees. Launched in December 2024, it benefits from its close connection to one of the largest centralized cryptocurrency exchanges through its core engineering team's Kraken background.

The platform offers 20 markets with up to 50x leverage, charging 0.01% maker and 0.04% taker fees — competitive rates that reflect the Kraken team's understanding of exchange economics. USDC serves as the sole collateral with 1-hour funding intervals.

Building on Ink gives Nado a unique positioning: when Kraken launches the INK token (expected July-September 2026), Nado users are confirmed to receive an INK airdrop. This cross-platform incentive adds a speculative layer beyond Nado's own point system, essentially providing dual farming opportunities.

Open Beta Season 1 is active with 950,000 points distributed every Friday. Users earn through trading, providing NLP liquidity, and referrals. Templars NFTs offer point boosts for holders, adding a gamification element. The top 30% of alpha users received exclusive NFT airdrops.

Nado targets traders who want to be early on the Kraken L2 ecosystem. Its clean UX, competitive fees, and dual airdrop potential (Nado + INK) make it attractive for users willing to trade on a newer, less liquid platform in exchange for early-mover advantages.

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Markets

Browse all 42 trading pairs