Nado
Decentralised exchanges · Perp DEX · Updated today, 13 Oct 2026
An order book perpetuals and spot exchange on Kraken's Ink Layer 2, settled in USDT0.
No token yetNo Nado token. Season 2 points convert to INK, the Ink L2 token (Ink Foundation), at its TGE; INK was expected Q2 to Q3 2026 but is not on CoinGecko as of 12 Oct 2026. Source
Fees: Entry tier (no 30-day volume): 1 bp maker, 3.5 bps taker; tiers aggregate spot and perps volume, top makers earn rebates
Campaigns
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Nado at a glance
Nado is a perp DEX launched in 2025, running on Ink. It offers crypto.
Its published trading fees are 0.01% maker and 0.035% taker at the base tier. In October 2026 market data from DefiLlama and CoinGecko it showed $438.6M of 24-hour volume and $42.6M of open interest. It has no token yet.
TraderComps lists 1 Nado campaign: 1 live. Each listing links to the official rules and shows when we last checked them.
Nado: questions and answers
Does Nado have a trading competition right now?
Not a ranked competition as of 13 Oct 2026, but Nado has 1 other live campaign: Season 2 Points (300,000 to 950,000 points weekly (convert to INK at TGE), ongoing). New competitions appear here when Nado announces them on its official channels.
What are Nado's trading fees?
Nado's published fees are 0.01% for makers and 0.035% for takers at the base tier. Fees can fall with volume tiers or token holdings; the official fee schedule is linked on this page.
What can you trade on Nado?
Nado offers crypto, based on its own product pages and the campaigns it has run.
Does Nado have a token?
Not as of 13 Oct 2026. No Nado token. Season 2 points convert to INK, the Ink L2 token (Ink Foundation), at its TGE; INK was expected Q2 to Q3 2026 but is not on CoinGecko as of 12 Oct 2026. Points and campaign rewards are not a promise of a future token.