Volume 24h$397.8M↘ 12.03%24h
Open interest$77.8M↘ 4.30%24h
Markets73
Max leverage50x
Taker / maker0.035%/0.010%
BTC funding /8h+0.0100%
BTC paid 30d+0.600%
Best price arb
Open pair →LONGNado824.04
SHORTVariational Omni839.77
Price arb here
all| SNDK | long here, Variational Omni | +1.909% | +$168 |
| LIT | long here, Bulk | +0.678% | +$46 |
| ZEC | long here, Bulk | +0.467% | +$37 |
| HYPE | short here, Variational Omni | +0.636% | +$29 |
| QQQ | long here, Variational Omni | +0.240% | +$14 |
Best funding arb
Open pair →LONGNado+0.0048%1h56m 52s
SHORTBackpack+0.0307%1h56m 52s
Funding arb here
all| NEAR | long here, Backpack | +0.0259% | +$45 |
| GOOGL | short here, tradeXYZ | +0.0128% | +$37 |
| HYPE | long here, Arcus | +0.0354% | +$24 |
| ZEC | long here, Backpack | 0.0000% | +$22 |
| SPCX | long here, Backpack | +0.0448% | +$17 |
Markets
73 markets| Asset | Price | Funding /8h | Every | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|
| BTC BTC-PERP | 75,952.5 | +0.0100% | 1h | $22.8M | $189.7M | 50x |
| ETH ETH-PERP | 2,248.3 | +0.0047% | 1h | $11.3M | $71.8M | 50x |
| HYPE HYPE-PERP | 78.690 | +0.0100% | 1h | $5.9M | $31.7M | 10x |
| XAUT XAUT-PERP | 4,071.1 | +0.0161% | 1h | $4.7M | $1.6M | 10x |
| SOL SOL-PERP | 90.070 | −0.0118% | 1h | $3.5M | $42.9M | 40x |
| XAGRWA XAG-PERP | 51.806 | +0.0190% | 1h | $2.6M | $1.7M | 10x |
| ZEC ZEC-PERP | 1,236 | +0.0100% | 1h | $2.1M | $15.4M | 10x |
| SPYRWA SPY-PERP | 740.94 | +0.0122% | 1h | $1.5M | $628K | 20x |
| LIT LIT-PERP | 3.3247 | −0.0566% | 1h | $1.3M | $2.8M | 10x |
| NEAR NEAR-PERP | 3.7026 | +0.0048% | 1h | $1.3M | $2.7M | 10x |
| XMR XMR-PERP | 612.57 | +0.0625% | 1h | $1.3M | $170K | 10x |
| XRP XRP-PERP | 1.2454 | +0.0100% | 1h | $1.1M | $1.9M | 20x |
| QQQRWA QQQ-PERP | 652.74 | +0.0428% | 1h | $1.1M | $2.1M | 20x |
| BNB BNB-PERP | 688.08 | +0.0100% | 1h | $961K | $2.2M | 20x |
| GOOGLRWA GOOGL-PERP | 280.73 | +0.0178% | 1h | $852K | $756K | 20x |
Before you deposit
- LiquidityDeep$77.8M open interest
- Real volumeHighvolume is 5.1x open interest a day, often a sign of farming or wash trading
- Book depthDeep$14.1M within ±0.5% of the BTC price, both sides
- KYCNoneNo ID (card deposits through a third-party on-ramp may ask); the US and Canada are view-only, sanctioned countries blocked.
Key facts
About Nado
Nado is a decentralized perpetual futures exchange on Ink. It lists 73 active markets, traded $397.8M in the last 24 hours and holds $77.8M in open interest, #16 among the perp DEXs we track.
Funding settles every 1h. BTC longs pay +0.0100% /8h right now and paid 0.600% over the last 30 days.
NLP on Nado earns from market making and liquidations, with $9.4M TVL, a 30-day return of +1.56% and a lock of 4 days. Compare perp DEX vaults.
News from Nado
all| 11-03 19:48 | Listing | New market: ANT-PERP, live on Nado with up to 5x leverage. A pre-IPO perp on Anthropic, the company behind Claude. Are you bullish or bearish? @nadoHQ on X ↗ |
| 11-03 16:43 | Listing | New collateral & spot listing is live. You can now use $kHYPE (Kraken wrapped HYPE) as collateral to trade perps, spot and borrow on Nado. @nadoHQ on X ↗ |
| 11-03 15:49 | Listing | new market ANTHROPIC-PERP ($ANTHROPIC) seen by our collector |
| 11-01 01:05 | Listing | GBPUSD-PERP no longer reported ($GBP) seen by our collector |
| 11-01 01:05 | Listing | EURUSD-PERP no longer reported ($EUR) seen by our collector |
| 11-01 01:05 | Listing | USDJPY-PERP no longer reported ($USDJPY) seen by our collector |
| 10-12 14:25 | Contest | Templars Trade just added a Templar of the Storm NFT to their trading competition prize pool. Just a few days left to enter and compete 👇. @nadoHQ on X ↗ |
| 10-02 16:04 | Contest | The Templars Trade competition on Nado just got a prize pool boost. Just 12 days left to win, registration link here 👇 @nadoHQ on X ↗ |
Volume
$484.4M↗ 412.0%90D
Open interest
$81.9M↗ 16.2%90D
Table, every 3rd day
| Day | Volume | Open interest | Share of DEX volume |
|---|---|---|---|
| Nov 4, 2026 | $484.4M | $81.9M | 1.3% |
| Nov 1, 2026 | $145.5M | $79.2M | 1.5% |
| Oct 29, 2026 | $631.3M | $79.9M | 1.7% |
| Oct 26, 2026 | $389.0M | $76.2M | 1.7% |
| Oct 23, 2026 | $317.2M | $75.7M | 1.6% |
| Oct 20, 2026 | $413.0M | $84.1M | 1.7% |
| Oct 17, 2026 | $237.6M | $78.2M | 2.4% |
| Oct 14, 2026 | $518.1M | $84.7M | 1.9% |
| Oct 11, 2026 | $190.5M | $92.3M | 1.6% |
| Oct 8, 2026 | $594.1M | $82.2M | 1.8% |
| Oct 5, 2026 | $334.2M | $93.9M | 1.4% |
| Oct 2, 2026 | $417.6M | $87.0M | 1.5% |
| Sep 29, 2026 | $335.7M | $86.0M | 1.4% |
| Sep 26, 2026 | $127.3M | $93.6M | 1.3% |
| Sep 23, 2026 | $436.1M | $93.6M | 1.4% |
| Sep 20, 2026 | $303.2M | $98.3M | 1.9% |
| Sep 17, 2026 | $313.8M | $80.9M | — |
| Sep 14, 2026 | $380.4M | $76.0M | — |
| Sep 11, 2026 | $373.9M | $75.7M | — |
| Sep 8, 2026 | $222.2M | $79.5M | — |
| Sep 5, 2026 | $149.3M | $80.3M | — |
| Sep 2, 2026 | $213.4M | $78.7M | — |
| Aug 30, 2026 | $206.5M | $85.5M | — |
| Aug 27, 2026 | $267.2M | $84.5M | — |
| Aug 24, 2026 | $329.1M | $76.7M | — |
| Aug 21, 2026 | $744.5M | $76.8M | — |
| Aug 18, 2026 | $162.5M | $80.0M | — |
| Aug 15, 2026 | $42.0M | $73.9M | — |
| Aug 12, 2026 | $85.4M | $73.1M | — |
| Aug 9, 2026 | $38.4M | $70.0M | — |
Volume by asset class
daily, last 90 daysTable, every 3rd day
| Day | Crypto | Stocks | Commodities | Other RWA | Total |
|---|---|---|---|---|---|
| Nov 4, 2026 | $447.8M | $31.9M | $2.1M | $9K | $481.9M |
| Nov 1, 2026 | $124.0M | $10.9M | $190K | — | $135.1M |
| Oct 29, 2026 | $572.7M | $24.9M | $1.2M | — | $598.9M |
| Oct 26, 2026 | $397.3M | $6.5M | $793K | $15K | $404.7M |
| Oct 23, 2026 | $290.3M | $8.4M | $1.0M | $8K | $299.7M |
| Oct 20, 2026 | $401.4M | $6.7M | $1.1M | $105K | $409.2M |
| Oct 17, 2026 | $230.6M | $4.2M | $507K | — | $235.4M |
| Oct 14, 2026 | $502.0M | $8.5M | $1.5M | $65K | $512.0M |
| Oct 11, 2026 | $183.0M | $2.8M | $447K | $8K | $186.2M |
| Oct 8, 2026 | $580.4M | $8.2M | $2.3M | $59K | $590.9M |
| Oct 5, 2026 | $334.0M | $4.4M | $1.3M | $44K | $339.8M |
| Oct 2, 2026 | $410.9M | $4.9M | $2.5M | $55K | $418.3M |
| Sep 29, 2026 | $324.7M | $4.8M | $1.8M | $35K | $331.3M |
| Sep 26, 2026 | $123.0M | $1.0M | $1.1M | — | $125.0M |
| Sep 23, 2026 | $446.7M | $6.9M | $6.1M | $36K | $459.8M |
| Sep 20, 2026 | $298.3M | $2.2M | $1.4M | $123K | $302.1M |
| Sep 17, 2026 | $311.5M | $4.6M | $2.7M | — | $318.8M |
| Sep 14, 2026 | $375.6M | $6.2M | $2.3M | — | $384.1M |
| Sep 11, 2026 | $371.3M | $5.4M | $4.2M | — | $380.9M |
| Sep 8, 2026 | $224.0M | $4.9M | $2.7M | — | $231.6M |
| Sep 5, 2026 | $151.8M | $1.6M | $3.2M | — | $156.6M |
| Sep 2, 2026 | $212.6M | $3.7M | $1.3M | — | $217.6M |
| Aug 30, 2026 | $212.4M | $1.2M | $1.8M | — | $215.4M |
| Aug 27, 2026 | $268.8M | $5.8M | $969K | — | $275.6M |
| Aug 24, 2026 | $332.7M | $4.8M | $2.3M | — | $339.8M |
| Aug 21, 2026 | $759.8M | $5.0M | $1.7M | — | $766.6M |
| Aug 18, 2026 | $157.3M | $7.5M | $1.7M | — | $166.5M |
| Aug 15, 2026 | $41.4M | $1.6M | $1.0M | — | $44.0M |
| Aug 12, 2026 | $79.8M | $7.0M | $2.7M | — | $89.5M |
| Aug 9, 2026 | $38.1M | $1.4M | $988K | — | $40.5M |