Ripe
Go to Nado
Nado
PerpsWe farm it
Order book DEX on the Ink L2 for spot and perpetual futures with unified cross-margin and self-custody.
- Order book DEX on the Ink L2, backed by the Kraken team
- Spot and perps in one unified margin account; up to 20x leverage on perps
- Off-chain sequencer with 5 to 15 ms latency; trades settle on Ink in batches
- Entry tier fees: 1 bp maker, 3.5 bps taker, settled in USDT0
- Points Season 2: weekly pool from 300K to 950K points, scaling with volume
6.7 of 10
Seven criteria on a scale of 10, the fee and market numbers computed from the data. Compare it with other perp DEXs only. How we score
- Taker
- 0.035%
- Maker
- 0.01%
- Volume a day
- $344M
- Open interest
- $40M
- Rewards 8.0
- Points Season 2 live, 300K to 950K a week, toward an INK airdrop
- Taker fee 5.5
- No taker fee is a 10, 0.07% or more is a 1. A venue that earns from the spread tops out at 7.
- Volume 6.5
- Average a day: $5M is a 1, $5B is a 10, on a log scale. Volume past ten times open interest does not count.
- Safety 4.0
- Open beta since Jan 2026, no public audit found
- Open interest 5.8
- $1M is a 1, $1B is a 10, on a log scale. Harder to farm than volume.
- Ease 10.0
- 1-Click Trading, deposits from 10+ chains or card, stocks next to crypto
- Access 8.0
- No KYC or invite, $5 first deposit; US and Canada view only
Cost to start: Minimum first deposit $5 equivalent
- Click Connect Wallet and sign in with email, Google, X or a wallet
- Bridge USDT0 or other supported assets to Ink if your funds are on another chain
- Deposit, or buy with card, Apple Pay or Google Pay
- Pick a spot or perp market and place an order
- Nado Points Season 2
- xPoints boost for xStocks25% xPoints boost for holding, up to +30% for trading
Matching runs on an off-chain sequencer while funds sit in Nado contracts on Ink. Unified margin means all positions share collateral, so a loss on one can push the whole account toward liquidation. Points rules can change; part of the Season 1 bonus pool was already cut.
No security incidents found in our check of Oct 30, 2026.
